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This refers to the article ‘Food insecurity’ by Dr Farrukh Saleem. The writer has expressed that the sitting government was busy monitoring election results instead of paying attention to the. ....
This refers to the article ‘Desire to change’ by Dr Farrukh Saleem. The write is absolutely right when he says that the country has to focus on being economically strong as this power. ....
Pakistan inks agreement with Islamic Development Bank ANI 06 Jul 2021, 07:18 GMT+10 Islamabad [Pakistan], July 6 (ANI): A debt-ridden Pakistan has signed an agreement with Saudi Arabia-based Islamic Development Bank (IDB) to borrow USD 4.5 billion to alleviate oil and gas shortages that are crippling the economy and people s livelihoods through power cuts and fuel disruptions. The loan, issued by IDB, will be used to pay for crude oil, refined petroleum products, liquefied natural gas (LNG) and industrial chemical urea over the next three years, Asia Times reported. The agreement was reached with the International Islamic Trade Finance Corporation (ITFC), the trading arm of the Jeddah-based IDB. ....
July 6, 2021 This refers to the article ‘Bluff or policy’ (July 4) by Dr Farrukh Saleem. Many eminent economists have made similar observations ever since the government presented the budget in parliament. Shouldn’t ordinary people expect mini budgets in the coming days to meet the unexplained revenue targets? One is still uncertain whether the presentation of a rosy picture of the financial situation could be construed as a bluff or a policy lapse. So far the prime minister or the finance minister has not taken the nation in confidence to talk about the financial policy which will help the country meet the financial targets. The prime minister must seek clarification from the Ministry of Finance on the issues identified by the writer to prevent the financial crisis that the unrealistic estimates are likely to create. ....
A debt-ridden Pakistan has signed an agreement with Saudi Arabia-based Islamic Development Bank (IDB) to borrow USD 4.5 billion to alleviate oil and gas shortages that are crippling the economy and people s livelihoods through power cuts and fuel disruptions. The loan, issued by IDB, will be used to pay for crude oil, refined petroleum products, liquefied natural gas (LNG) and industrial chemical urea over the next three years, Asia Times reported. The agreement was reached with the International Islamic Trade Finance Corporation (ITFC), the trading arm of the Jeddah-based IDB. The opposition parties blame the crisis on lethargy and mismanagement by the Prime Minister Imran Khan-led PTI government. They have pointed to delays in buying furnace oil and say a vessel crucial to the distribution of LNG is inexplicably out of action in drydock when it is most needed. ....