Saturday, April 1, 2023

Pak hopes agreement with IMF will improve economy

Pakistan’s Federal Minister of Commerce Naveed Qamar accepted that Pakistan’s economy is under severe pressure. However, he expressed hopes that the economy will improve after the agreement with the IMF.

Talking to the media in Washington, Naveed Qamar said that the US is the biggest market for Pakistan’s exports, he will give incentives to the business class to promote trade with the US.

He said that Pakistan-US relations have improved, expecting that there will be positive progress on the USAID program for Pakistan.

It should be noted that Pakistan has received 700 million dollars from China.

According to State Bank sources, the money was received by China Development Bank after the rollover agreement, in this regard, an agreement was reached between Pakistan and China.

Also Read:  Guatemala: Türk alarmed by reprisals against anti-corruption officials

According to the sources, the foreign exchange reserves of Pakistan reached close to 4 billion dollars due to the recovery of the money.

(Written by Desk based on inputs from various sources available on internet.)


Youth caught on burglary charges in Gamharia market

Adityapur: Shopkeepers of Gamharia Market caught a person allegedly involved in several thefts and later handed him over to the police. A youth who had...
india japan pms (1)

Japan’s ambitious new strategy to counter China

Fumio Kishida, the prime minister of Japan, has presented a new strategy to maintain the Indo-Pacific region's freedom and openness, promising to invest $75...


Bhagwan Ram is essence of Indic civilization

Bhagwan Ram represents the very essence of India, its culture, and its ethos. The Hindu community in India celebrates Ram Navami as a significant festival....

Welcome initiative to win community’s trust!

The initiative taken by the East Singhbhum district police to distribute educational materials and essential items to the villagers in Bodam is an excellent...


hotel cc camera shot

Businessman from Ranchi staying at Sakchi hotel dies, investigations on

Jamshedpur: Ashwini Jaiswal, a successful businessman from Ranchi, was found dead at Hotel Devdoot in the jurisdiction of Sakchi Police Station on Thursday. For 11...

Dharma prevails over usual Hindu Splitsville in Jamshedpur

Truce reached as Jamshedpur MP Bidyut Mahato intervenes, norms relaxed, Akharas take out processions, Saturday Bandh call withdrawn Jamshedpur: For a few hours, it seemed...

Feel like reacting? Express your views here!

Read More



Subsribe Our Newsletter & get Free Daily News & Opinion updates!

Town Post