The PTI government gave autonomous status to SBP in the wake of agreement with the International Monetary Fund (IMF) for securing $6-billion loan stalled programme.
Author: Javed Mahmood
Javed Mahmood
I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.
Zahid Durrani is the son of former Khyber Pakhtunkhwa Chief Minister Akram Durrani. He was elected as an MNA from Bannu’s NA-35 constituency in the 2018 general elections.
Johnson arrived in Gujarat — Modi’s home state and the ancestral home to half of the United Kingdom’s British Indians — where he is meeting business leaders and taking a cultural tour of the historic Ahmedabad city.
Miftah said that the tax amnesty scheme for the industrial sector may have to be done away with and an increase in petroleum prices is inevitable as the economy cannot sustain this burden.
The Ministry of Economic Affairs noted the country relied on foreign commercial borrowing as it was recorded at $2.62 billion that included a $1.14 billion from Dubai Bank, $591.25mn loan from Emirates NBD, $61mn from Ajman Bank, $487.26mn loan from Standard Chartered Bank London while Suisse AG, UBL & ABL provided $343.50 million during July-March FY22.
Ukraine has recaptured 934 settlements from the Russian army so far, and life in these areas is gradually returning to normal, President Volodymyr Zelenskyy has said.
Most of the resignations of the PTI MNAs were not handwritten and had a similar text on the PTI’s letterhead.
Miftah also said that the PTI government has left a huge circular debt of Rs2500 billion in power sector and had created Rs1500 billion circular debt in the natural gas sector.