Business
September 25, 2024
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IMF board okays $7bn bailout package for Pakistan

IMF board okays bn bailout package for Pakistan

The International Monetary Fund’s (IMF) Executive Board on Wednesday approved a $7 billion Extended Fund Facility (EFF) for Pakistan, which Prime Minister Shehbaz Sharif hopes would be the country’s last. Pakistan and the IMF reached an agreement on the 37-month loan programme in July this year. The breakthrough was achieved in the aftermath of getting […]

World
September 25, 2024
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Former Bangladesh PM Hasina’s son wants role for her party in reforms, election

Former Bangladesh PM Hasina’s son wants role for her party in reforms, election

The son of Bangladesh’s ousted prime minister, Sheikh Hasina, said he was happy with the army chief’s timeline for elections within 18 months, though it was later than expected, but warned that genuine reform and polls were impossible without her party. General Waker-uz-Zaman, whose refusal to stand by Hasina in the face of deadly student […]