Pakistan’s Eurobond became expensive after the agreement with the International Monetary Fund (IMF). The $1 billion Eurobond maturing in April 2024 rose 16 cents to 71 cents. The $500 million Eurobond maturing in September 2025 rose 13 cents to 55 cents. From October 2022, the value of Pakistani bonds has increased by 70 to 80…
Prime Minister Shahbaz Sharif – file photo Prime Minister Shahbaz Sharif will attend the Shanghai Cooperation Organization Summit. According to the spokesperson of the Foreign Office, the SCO Summit is being held on July 4 through video conference. It should be remembered that Indian Prime Minister Narendra Modi invited Prime Minister Shehbaz Sharif as the…
—File photo The International Cricket Council (ICC) has prepared a plan to further upgrade all the venues for the Cricket World Cup. According to Indian media, preparations for imported grass, new outfields and improved floodlights are underway for the Cricket World Cup venues. According to Indian media, each World Cup venue will receive 50 crore…
—File photo In view of the terms of Pakistan’s agreement with the International Monetary Fund (IMF), preparations are being made for further increase in electricity rates. According to the sources of the Ministry of Finance, as a result of this agreement, electricity and gas will become more expensive, while there is a possibility of an…
Grab ‘Jeo News’ A speeding police vehicle broke the signal and rammed into a car on Davis Road in Lahore, causing the car to overturn and also crush a motorcycle under it. Bureau Chief of ‘Jeo News’ Lahore Raees Ansari questioned the driver of the police vehicle regarding the accident and asked the reason for…
Two people died and one was injured in two different traffic incidents in Tank last night. According to the hospital sources, the pick-up being carried from Jandola was overtaking near Khargi, while braking caused an 18-year-old boy named Zeeshan, who was sitting in the pick-up, to fall, who sustained serious injuries on his head and…
Photo courtesy of Foreign Media Protests continue across the country after the death of a young man by the police in France. According to the report of the international media, the protests against the killing of the young man in different cities continued for the third night. The report said that protesters attacked public property,…
—File photo Economist Khaqan Najib has said that we will have to do another program with the International Monetary Fund (IMF). Commenting on the agreement between the International Monetary Fund (IMF) and Pakistan, Khaqan Najeeb said that 1 billion dollars will come from the IMF in July, the short-term pressure on reserves will end. He…
—File photo In Lahore, 7 people have been arrested for throwing the carcasses of sacrificial animals into the canal. Punjab’s Caretaker Information Minister Aamir Mir has said in his statement that those who violate Section 144 will be arrested immediately. DC Lahore Rafia Haider says that so far more than 32 thousand tons of waste…
Prime Minister Shahbaz Sharif – file photo The staff level agreement between Pakistan and the International Monetary Fund (IMF) was made possible through the efforts of Prime Minister Shahbaz Sharif. Prime Minister Shehbaz Sharif had 3 meetings and contacts with IMF leadership in Paris in 2 days, Prime Minister also had meetings with MDIMF in…
