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Pakistan Seeks $10 Billion US Financial Facility to Bolster Reserves
Washington/New York, July 22, 2026) — Cash-strapped Pakistan has formally requested a $10 billion Bilateral Exchange Stabilization Support Facility from the United States, according to sources familiar with the matter. The proposed arrangement, with a maturity of up to five years, aims to strengthen the country’s foreign exchange reserves, ease pressure on the Pakistani rupee,…
Grandmother rejects Israeli probe into the killing of Hind Rajab, demands independent international inquiry
The grandmother of Hind Rajab on Wednesday rejected an Israeli military investigation into her granddaughter’s killing in Gaza in January 2024, saying the family does not trust local probes and is demanding an independent international inquiry, Anadolu News Agency reported.The Israeli military had acknowledged it fired on Rajab’s vehicle in January 2024 and later announced…
IMF Approves $1.2 Billion Loan Tranche for Pakistan
ISLAMABAD — The Executive Board of the International Monetary Fund (IMF) has approved a $1.2 billion loan tranche for Pakistan, in a major boost to the country’s ongoing economic stabilization efforts.According to Pakistan’s Ministry of Finance, the funds will be disbursed under two separate IMF programmes. Pakistan will receive $1 billion under the Extended Fund…
The moment a Japanese mall explodes after a 6.8 earthquake
Search teams are still looking for survivors in the partially collapsed Aeon shopping mall, which the operator told AFP had exploded after staff and customers had already evacuated. A witness reported seeing an explosion and smoke at the shopping mall after the quake and said the second floor of the building collapsed. The earthquake hit…
APBF welcomes growth targets, calls for realistic implementation in Budget 2026-27
By Muhammad ShahzadLAHORE: The All Pakistan Business Forum (APBF) has welcomed the federal government’s macroeconomic targets outlined in the Budget 2026-27 framework, while stressing that their success will depend on practical implementation, policy consistency, and business-friendly reforms.In a statement, APBF President Maaz Mahmood said the government’s targets of 4 percent GDP growth, 8.2 percent inflation,…
Case Against State Institutions: Court Orders Arrest of Sohail Afridi, Warrants Upheld — Hearing Adjourned to March 9
ISLAMABAD (International News): The District and Sessions Courts Islamabad have upheld the arrest warrants issued against Sohail Afridi in a case pertaining to levelling allegations against state institutions, directing authorities to arrest the accused and produce him before the court without delay.The court maintained its earlier order and instructed the relevant law enforcement authorities to…
