The Austrian newspaper Wiener Zeitung was first published in 1703. Photo: File Vienna: The daily publication of the world’s oldest newspaper, which had been running continuously for 320 years, has been discontinued. According to the world news agency, the Austrian newspaper Wiener Zeitung is called the oldest newspaper in the world. For 320 years, this…
Speaking at the Paris Finance Summit, Mr. Guterres said many African States were spending more on debt repayments than on desperately needed healthcare, and that over 50 countries were either in default or “dangerously” close to it. The UN chief called for a debt relief mechanism that supports payment suspensions, longer lending terms and lower…
Photo: File Federal Finance Minister Senator Ishaq Dar presented the budget for the financial year 2023-24. During his address in the National Assembly, the Finance Minister initially presented a comparative assessment of Nawaz Sharif’s government and the previous government of PTI. He said that now I present before the honorable House the main points of…
File photo Higher Education Commission (HEC) Chairman Mukhtar Ahmed has said that government universities are currently facing financial difficulties. Talking to Geo News, Chairman HEC said that the Chief Minister has been written to ask universities to contribute to the budget, HEC’s budget has not been increased for 6 years. Mukhtar Ahmed said that 30…
Chronic underfunding over the past decade, and resultant severe austerity measures, mean UNRWA is already operating with a $75 million shortfall, putting its lifesaving programmes across the Middle East at risk. “As I address you today, I do not have the funds to keep our schools, health centres and other services running as of September,”…
Delivering remarks at a forum on reform held during the Spring Meetings of the International Monetary Fund (IMF) and the World Bank, she called for course correction now – the halfway point to achieve the goals by 2030. In recent years, developing countries have been battered by soaring energy and food costs, the climate emergency,…
Japan’s air defense systems, file photo Japan has announced a financial assistance plan to strengthen the defense of friendly countries. Japan’s Overseas Security Assistance (OSA) program will provide funds for defense purposes in friendly countries. On the other hand, the decades-long Overseas Development Assistance (ODA) program will continue to provide money for roads, dams and…
Photo Arab News A Saudi citizen and a foreigner were arrested on charges of financial fraud in the city of Riyadh, Saudi Arabia. According to the Arab media, the suspects are accused of stealing 1 million Rials. The public prosecutor says that the arrested accused had established a fake online company together, the accused had…
British Chancellor Jeremy Hunt has presented the budget for the new fiscal year, the price cap scheme of 2500 pounds per year of energy bills has been extended for three months. Jeremy Hunt said that £11 billion will be spent on the defense budget over the next five years. He said that under the pre-payment…
The Saudi Crown Prince promised Marley aid in a telephone conversation with the Ukrainian President last year; Photo: Reuters Cafe: Saudi Foreign Minister Prince Faisal bin Farhan arrived on a visit to Ukraine, where he conveyed the message of Crown Prince Mohammed bin Salman in a meeting with President Volodymyr Zelensky and discussed bilateral relations,…
