Author: Javed Mahmood

New government, comprising multiple parties alliance, appears indifferent to the dollar’s dredging of rupee value. Despite ban on non-essential and luxury items import, consistent depreciation of rupee value against dollar and other major currencies has shocked everyone in the country

Talking to media persons ahead of her tour, the foreign minister maintained that Pakistan has been affected more than any other country by the impact of the crisis in Afghanistan.

“The prime minister will at some point announce austerity measures to save government expenditures. After two increases in petrol prices, we are out of the financial crisis”, the finance minister said in a tweet to reassure the markets.

Industry executives from agriculture, information technology, textiles, manufacturing, and other sectors will speak at the one-day conference. Participants will evaluate Pakistan’s current economic difficulties and come up with short, medium, and long-term remedies.

Judge Steven Rares said the videos, which were posted by political commentator Jordan Shanks amounted to a “relentless, racist, vilificatory, abusive and defamatory campaign” against Barilaro.

Finance Minister also stated that $2.4 billion loan will be received from China in two or three days, as all the formalities related to the loan have been completed after a recent visit by Foreign Minister Bilawal Bhutto Zardari.

Organisation of Islamic Cooperation has expressed its strong condemnation and denunciation of the recent insults issued by an official in the ruling party in India towards the Prophet Muhammad, Peace Be Upon Him,” the 57-member state organisation said in a statement.

The report about China’s $2.6 billion deposit placement has failed to entice traders as they don’t see it as useful for fiscal or external support.