International
The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement to unlock $1.2 billion in funding. The package includes $1 billion under the Extended Fund Facility (EFF) and $200 million under the Resilience and Sustainability Facility (RSF). Final disbursement depends on approval by the IMF Executive Board. Economic Signals and Commitments The IMF
International
A fierce clash between the Pakistani Army and militants in Orakzai district, close to the Afghan border, has left 11 soldiers and 19 insurgents dead, according to official military reports. The incident took place during a pre-dawn intelligence-based operation aimed at dismantling militant hideouts. Attack on Military Convoy Security forces were ambushed when militants
International
At the United Nations, India strongly condemned Pakistan over its treatment of civilians, accusing Islamabad of “bombing its own people” and deflecting international scrutiny with “baseless” claims against India. Indian Response at the UN In remarks during a Human Rights Council session, India’s delegate highlighted a recent airstrike in Matre Dara, Khyber Pakhtunkhwa,
International
Russia has rejected recent reports that it is entering into a multibillion-dollar industrial or engine cooperation with Pakistan. The Russian government described these news items as exaggerated and misleading. According to those reports, Moscow and Islamabad were said to be planning joint projects such as setting up steel mills in Karachi or collaborating on engine […]