The Bench of Justice Satish Chander Sharma and Justice Yashwant Varma on Monday asked the Ministry of Finance, Ministry of Housing and Urban Affairs, Ministry of Rural Development and Ministry of Law in the matter.
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman participated in the high-level meeting on Sri Lanka's debt issues on the sidelines of the International Monetary Fund (IMF)- World Bank (WB) Spring Meetings.
The UAE delegation, coordinated by the Ministry of Foreign Affairs and International Cooperation, also included representatives from the Executive Office for AML/CFT, Central Bank of the UAE, Financial Intelligence Unit of the UAE, Ministry of Economy, Ministry of Finance, Ministry of Justic
Union Finance Minister Nirmala Sitharaman on Wednesday participated in the roundtable on 'Multilateral Development Bank Evolution: Building Shareholder Consensus' hosted by the US Department of Treasury Secretary at World Bank headquarters.
The discussion was focused on the impact of global development challenges like climate change, pandemics, fragility and conflict on development progress, and reforms at the World Bank, according to the Finance ministry.
Moreover, with heightening currency risks simultaneously with the rupee sinking, foreign countries are shying away from extending loans to Pakistan, reported The Express Tribune.
Sources said that the panel is to discuss global financial developments and how it impacts a country like India which is taking huge strides forward as a big player in promoting Startups.
Pakistan's major debt sustainability indicators have witnessed marked deterioration during the first half of this fiscal year in the middle of steep currency devaluation and interest rates hikes, revealed a semi-annual debt bulletin of the finance ministry, The Tribune reported.
According to Pakistan's newspaper, the second-round effect of the policy decision had led to decisions like a rise in energy and fuel prices, the central bank's policy rate, and the rupee's depreciation to secure International Monetary Fund's funding.
The Finance Ministry has formally issued the notification for Mahila Samman Savings Certificates, 2023 which has been made available in 1.59 lakh post offices with immediate effect