Pakistan’s State Minister for Revenues Hammad Azhar presented budget 2019-20 in National Assembly on Tuesday.
The UAE’s US$3 billion deposit with the State Bank of Pakistan has contributed to alleviating the country’s financial crisis and easing pressure on foreign exchange reserves, according to Pakistan’s State Minister for Revenues.
Hammad Azhar made the remarks on Tuesday as he presented to the National Assembly Pakistan’s general budget with a total outlay of Rs 7.022 trillion for the fiscal year 2019-20, registering a growth of 30 per cent against the revised budget of Rs 5.385 trillion for current fiscal year .
The minister underlined the importance of the financial aid received by his country from Saudi Arabia, which totaled $6.00 billion, and the UAE, as well as $6.00 billion from the International Monetary Fund, which, he said, have all helped stabilise Pakistan’s economy in general and the rupee in particular.
Pakistan presented a Rs7.13 trillion tax-free deficit federal budget in the National Assembly on Friday with its major portions allocated for debt servicing and defence.
In a statement issued by the Ministry of Foreign Affairs and International Cooperation on Thursday stressed "the need to use dialogue for maintaining peace, security and stability in the region."
A group of Pakistani students from different schools attended a day-long workshop on sustainability and learned about the climate change and how to protect Planet Earth.
There is no doubt that the UAE has considerably enhanced its humanitarian drives the world over. Its campaign to end polio in Pakistan is particularly remarkable, as new statistics show. Over 407 million drops of polio vaccine have been delivered to more than 71 million Pakistani children as part of the Emirates Polio Campaign implemented in Pakistan since 2014 till the end of April 2019, the UAE-Pakistan Assistance Programme (UAEPAP) has announced.
Blasts at a Soviet-era dam in the Russian controlled part of southern Ukraine on Tuesday unleashed floodwaters across the war zone, according to both Ukrainian and Russian forces who blamed each other for blowing-up the dam.
Nearly 13,400 people were forced to evacuate as water consumed hundreds of homes around the country, turning some streets into raging rivers of brown water, according to Haiti’s Civil Protection Agency.
Sheikh Hamdan said on Twitter, "We extend our sincere condolences and sympathy to the family, relatives, companions and readers of Khalid Al Qashtini, the Iraqi journalist and writer, and the owner of the creative pen, who enriched our Arab world with his publications. With his departure, the Arab media loses a symbol of creativity.”