As per details, Pakistan security authorities arrested multiple foreign nationals linked with the international network of a banned outfit, the sources said, and added some of the arrests were made in Islamabad, Karachi, and Balochistan. The arrested foreign terrorists were receiving local facilitation, which played a crucial role in their operations. Further detentions were carried […]
According to the Economic Affairs Division, this includes $2.32 billion received under agreements, $329.1 million from bilateral agreements, and $500 million from foreign commercial loans. Additionally, investments worth $1.12 billion were made through the Naya Pakistan Certificates. The total estimated financing for the current fiscal year is $19.39 billion. Compared to the previous year, Pakistan […]
The United States is the world’s largest provider of official development assistance, with most funds directed through the United States Agency for International Development (USAID). Trump ordered the bulk of US foreign assistance to be frozen for three months on returning to office in January, leaving global humanitarians scrambling to deal with the fallout. “It’s […]
Secretary of State Marco Rubio sent an internal memo days after President Donald Trump took office vowing an “America First” policy of tightly restricting assistance overseas. “No new funds shall be obligated for new awards or extensions of existing awards until each proposed new award or extension has been reviewed and approved,” said the memo […]
Rubio was arguably the most hawkish option on Trump’s shortlist for secretary of state, and he has in past years advocated for a muscular foreign policy concerning America’s geopolitical foes, including China, Iran, and Cuba. Over the last several years he has softened some of his stances to align more closely with Trump’s views. The […]
According to a statement issued by the central bank, total liquid foreign reserves held by the country stood at $16.11 billion. Net foreign reserves held by commercial banks stood at $5.09 billion. “During the week ended on 11-Oct-2024, SBP reserves increased by US$ 215 million to US$ 11,022.7 million,” it said. The central bank did […]
In a statement issued here on Thursday, the State Bank of Pakistan (SBP) informed that liquid foreign reserves held by the central bank increased by $33 million to $9,436.8 million during the week ending on August 30, 2024. Meanwhile, it added that net foreign reserves held by commercial banks were recorded as $5,303.1 million during […]
The central bank in a statement said that Pakistan’s reserves held by the SBP stood at US$9.38 billion after an increase of US$ 493.7 million. The SBP statement read that the country’s reserves held by the commercial banks decreased by US$128 million to US$5.18 billion, “During the week ended on 28-June-2024, SBP reserves increased by […]
