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Pakistan-IMF talks may be extended as confirmation from friendly countries awaited

Pakistan-IMF talks may be extended as confirmation from friendly countries awaited

Finance Minister Senator Ishaq Dar in a meeting with IMF review Mission led by IMF Mission Chief Nathan Porter at Finance Dvision on January 31, 2023. — Twitter/Finance Ministry Talks with IMF scheduled to conclude on Feb 9. Pakistan awaits fiscal, economic policies draft from IMF. Officials hopeful of finalising deal with lender. ISLAMABAD: Concerned...

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Packages Limited

Packages Limited

Packages Limited (PSX: PKGS) is a public listed company incorporated in Pakistan. The company was established as a joint venture between the Ali Group of Pakistan and Akerlund & Rausing of Sweden in 1957. Initially, PKGS was engaged in converting paper and paperboard into packaging for consumer industry. Over the years, the company has enhanced...

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Pakistan to repay foreign debt worth $22 billion in 12 months

Pakistan to repay foreign debt worth $22 billion in 12 months

PHOTO: FILE KARACHI: Amid efforts to dodge the imminent risk of default, Pakistan says it is due to repay foreign debt and interest worth almost $22 billion over the next 12 months. The dollar-strapped government, upon successful resumption of the International Monetary Fund (IMF) programme, is expected to initiate talks with creditors to restructure its...

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Australia T20 skipper Finch retires from internationals after “amazing ride” – Daily Times

Australia T20 skipper Finch retires from internationals after “amazing ride” – Daily Times

MELBOURNE: Australia T20 captain Aaron Finch announced his retirement from internationals on Tuesday, drawing a line under a career that yielded two World Cup trophies and more than 8,000 runs across formats. A hard-hitting opening batsman and keen tactician, the amiable 36-year-old bows out as one of his country’s greatest limited-overs players and as the...

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Saudi ‘exit’ from Kabul sparks fears of exodus

Saudi ‘exit’ from Kabul sparks fears of exodus

ISLAMABAD: Saudi diplomats’ departure from Kabul amid security concerns has sparked fears that at least three other countries were also planning to close their embassies in Afghanistan, though Taliban and other officials have dismissed such reports. An Afghan Taliban official has confirmed to Dawn that Saudi Arabia has withdrawn its staff, but said the Saudis...

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Pakistan win 3 medals in Fujairah Int’l Taekwondo C’ship

Pakistan win 3 medals in Fujairah Int’l Taekwondo C’ship

LAHORE     –    Pakistan’s ace taekwondo players won three bronze medals in the 10th Fujairah Open International Taekwondo Championship underway at UAE. More than 700 players from 36 countries took part in the tournament in three age-categories (12-14 year juniors and seniors) organised by Fujairah Martial Arts Club (FMAC). “It is the biggest taekwondo...

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Pak-Russia relationship, geostrategic necessity | By Brig Tariq Khalil (R)

Pak-Russia relationship, geostrategic necessity | By Brig Tariq Khalil (R)

Pak-Russia relationship, geostrategic necessity EIGHTH IGC meeting has been held in Islamabad. Indeed, it is a good development. The relationship between the two countries soured last year due to the geopolitical scenario then emerged. It is indeed a very encouraging as Russia’s Energy Minister Nikolay Shulginov said on Friday that Pakistan is going to purchase...

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Syria quake relief a headache for Western nations and aid groups

Syria quake relief a headache for Western nations and aid groups

An earthquake that has killed more than 5,000 people in Turkey and its southern neighbour Syria is proving a diplomatic headache for those seeking to channel aid to Syrians. Still gripped by more than a decade of civil war, Syria is divided into areas controlled by the government under President Bashar al-Assad, for years a pariah...

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World powers rush to offer Turkey, Syria aid over quake

World powers rush to offer Turkey, Syria aid over quake

Countries around the world have mobilised rapidly to send aid and rescue workers after a massive earthquake killed more than 6,200 people in Turkey and Syria. The EU has mobilised 27 search and rescue and medical teams from 19 countries to help Turkey. They involve over 1,150 rescuers and 70 rescue dogs, EU crisis management...

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Iran’s saffron export stands at $172.7m in 10 months

Iran’s saffron export stands at $172.7m in 10 months

Iran’s saffron export stood at $172.758 million during the first ten months of the current Iranian calendar year (March 21, 2022-January 20, 2023), according to the data released by the Islamic Republic of Iran Customs Administration (IRICA). Austria, Jordan, Argentina, Spain, Australia, South Africa, Afghanistan, Germany, United Arab Emirates, Indonesia, Britain, Italy, the U.S., Ireland,...