TURKEY, Feb 10 (AFP): The death toll from the massive earthquake in Turkey and Syria kept on climbing Thursday, topping 21,000 as the first UN aid reached Syrian rebel-held zones but hopes of finding more survivors faded. The chief of the World Health Organization said he was on his way to Syria, as bitter cold hampered the search of …
Under the deal with the International Monetary Fund (IMF), new taxes worth Rs170 billion will have to be imposed, for which a mini-budget will have to be introduced, Finance Minister Ishaq Dar announced Friday. Dar was addressing a press conference after an IMF mission left Pakistan without signing a staff-level agreement, which the country was relying on to revive …
ISLAMABAD, Feb 9 (EW): The Pakistani authorities are expecting the International Monetary Fund (IMF) to share the draft memorandum of economic and financial policies (MEFP) with them today despite differences over external financing needs and power sector losses, reported The News. Pakistan and the IMF were scheduled to hold parleys from January 31 to February 9, 2023 for making …
SHEIKHUPURA, Feb 9 (EW): Following the warning of Petroleum Minister Dr Musadik Malik, Punjab police launched action against people involved in the illegal hoarding of petrol and diesel in Sheikhupura, Patoki, Daska and other parts of the province. IG Punjab while ordering a crackdown against hoarding of petrol in the province directed strict action against the guilty. Following the …
KAHRAMANMARAS/ANTAKYA: President Tayyip Erdogan on Wednesday admitted to problems with his government’s initial response to a devastating earthquake in southern Turkey amid anger from those left destitute and frustrated over the slow arrival of rescue teams. Erdogan, who contests an election in May, said on a visit to the disaster zone that operations were now working normally and promised …
ISLAMABAD, Feb 8 (EW): President Arif Alvi has called on the Election Commission of Pakistan (ECP) to announce the election dates for the dissolved assemblies in Khyber Pakhtunkhwa and Punjab. In a letter to the Chief Election Commissioner (CEC) Sikandar Sultan Raja, President Alvi emphasized the primary duty of the ECP to conduct fair and free elections as stated …
ANTAKYA, Feb 8 (Reuters): The death toll of a devastating earthquake in southern Turkiye and Syria jumped to more than 7,800 people on Tuesday as rescuers worked against time in harsh winter conditions to dig survivors out of the rubble of collapsed buildings. As the scale of the disaster became ever more apparent, the death toll looked likely to …
Power Minister Khurram Dastgir shared that Pakistan is on the verge of sealing a deal with the International Monetary Fund (IMF) as consensus had been achieved on almost all issues between the two sides. Pakistan — with a $350 billion economy — is seeking a crucial instalment of $ 1.1 billion from the IMF to avoid default. The Fund …
DIYARBAKIR/ANKARA: A huge earthquake killed more than 3,700 people across a swathe of Turkey and northwest Syria on Monday, with freezing winter weather adding to the plight of the many thousands left injured or homeless and hampering efforts to find survivors. The magnitude 7.8 quake brought down whole apartment blocks in Turkish cities and piled more devastation on millions …
ISLAMABAD, Feb 6 (EW): The International Monetary Fund (IMF) has asked Pakistan to ‘do more’ for the revival of stalled loan program as technical talks have been completed in Islamabad, ARY News reported, citing sources. During the technical talks, the IMF team remained committed to its demands with regard to increasing General Sales Tax (GST) from 17 to 18 …
