Pakistan Prime Minister Imran Khan’s government vowed to collect more taxes and make cuts in spending in a closely watched budget presented to parliament Tuesday, weeks after reaching a deal with the IMF for a $6 billion bailout.
Pakistan Prime Minister Imran Khan’s government was set to present an austerity-focused budget on Tuesday, weeks after the country reached an agreement with the International Monetary Fund
Pakistan’s rupee dropped to an all-time low of 146.5 to the dollar on Thursday, days after Islamabad announced it had reached an agreement with the International Monetary Fund on a fresh bailout for its troubled economy.
Minister of State for Revenue Hammad Azhar on Thursday said that talks with International Monetary Fund (IMF) are at the final stage and its details would soon be shared with the parliament. The senate was informed that remittances this year will increase to $22 billion breaking the stagnant mode of the previous years.
The Dubai Court of Appeal commuted a verdict issued by the Court of First Instance against an Asian delivery person convicted of assaulting an 8-year-old girl. The verdict has been commuted from 3 years to one year in prison to be followed by deportation.
The new decrees include Decree No. (31) of 2021 on the Board of Trustees of British University in Dubai; Decree No.(29) of 2021 on the Board of Directors of Dubai Cares; Decree No.(28) on the Board of Directors of Dubai Women Establishment; and Decree No.(30) on the Board of Directors of Watani Al Emarat Foundation.
The incident shocked the Lebanese people after her family appealed for days to the authorities to provide a vaccine that could have saved her.