Pakistan Escapes Bankruptcy With $1 1 Billion IMF Loan, Experts Urge Reforms oneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oneindia.com Daily Mail and Mail on Sunday newspapers.
Pakistan, which is grappling with an economic slump, has secured a "sizeable package" of around $8 billion from Saudi Arabia during the visit of Prime Minister Shehbaz Sharif, reported local media.
Pakistan Secures $1.1bn Loan for Oil, LNG Imports
Pakistan has signed a $1.1bn loan agreement with International Islamic Trade Finance Corporation (ITFC), the government said on February 24. The country will use the capital to import oil, LNG and refined petroleum products.
State-owned Pakistan State Oil, Pak-Arab Refinery and Pakistan LNG will utilise the funds to import crude oil, refined petroleum products and LNG during 2021, the government said. “This will be helpful to augment foreign currency reserves of the country and provide resources to meet the oil import bill,” it said. Pakistan LNG bought an LNG cargo from Qatar Petroleum for April delivery following a tender earlier in the month at just over 10% of Dated Brent.
Zainab SaeedLast Updated: Jan 28, 2021
In collaboration with Friedrich Naumann Foundation for Freedom (FNF), Digital Rights Foundation has introduced the ‘Young Adults Curriculum’ to give awareness to the society about online safety. The aim of Online Safety of Young Adults Curriculum is to help young people to understand how the digital world operates.
Digital Rights Foundation Introduces Online Safety Curriculum
The authorized persons of the Online Safety of Young Adults Curriculum are Shmyla Khan, Muhammad Usman and Seerat Khan while the editors are Maryam Saeed and Nighat Dad. The major purpose of the newly designed curriculum is to help students and young people to develop a better understanding about the online world and cyber security.