Prime Minister Shehbaz Sharif on Wednesday praised the successful staff-level agreement with the International Monetary Fund (IMF), securing $1.3 billion in funding. He called the deal a significant step toward Pakistan’s economic stability. The agreement is set to raise Pakistan’s foreign reserves to $8.3 billion, which the prime minister described as a “big achievement.” During […]
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Pakistan, Russia sign MoU for offshore gas exploration pipeline
ISLAMABAD: Pakistan and Russia on Wednesday signed an inter-corporate agreement for offshore oil and gas exploration activities. According to a petroleum division press release, Managing Director Inter State Gas Systems Limited (ISGSL) of Pakistan Mobin Saulat and Deputy Chairman Gazprom International of Russia Vitaly A. Markelov signed an agreement for offshore oil and gas exploration […]
Fawad Ch terms govt’s agreement with TLP as firefighting
ISLAMABAD: Information Minister Fawad Chaudhry on Saturday has termed the government’s recent agreement with the Tehreek-e-Labbaik Pakistan (TLP) to end countrywide protests as “firefighting, not a cure”. In an interview with the British Broadcasting Corporation (BBC), Fawad Chaudhry said that using force against protesters was not the preferred method for the government to deal with […]