Pak To Stop Import of Food And Drink Products After June 25

Karachi: Commercial importers in Pakistan have announced to stop the import of all food and drink commodities after June 25 due to the non-availability of foreign exchange, reported Pakistan vernacular media Intekhab Daily.During an important meeting, Farhat Siddique, Secretary of Karachi Wholesale Grocers Association, said in an announcement that all banks have refused to give dollars to the

June 20, 2023
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IMF Executive Meeting Scheduled Without Pakistan

Islamabad: As the ninth review under the Extended Fund Facility (EFF) program still remains pending, the International Monetary Fund (IMF) Executive Board has issued meetings scheduled till June 29 without Pakistan, Pakistan-based ARY news reported.Pakistan has barely enough currency reserves to cover imports for one month. It was hoping to have 1.1 billion USD of the funds released in November –

June 19, 2023
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‘Shrouded In Secrecy,’ Pakistan Trumpets Its Russian Oil Imports: Report

Islamabad: The government of Pakistan is hailing the country’s first Russian oil imports as a game-changer for the nation’s faltering economy, but analysts emphasise that it is still too early to estimate how much the secret deal will contribute, reported Nikkei Asia.On Sunday, a ship docked at the port of Russian oil imports with the equivalent of around 3,30,000 barrels of Russian crude oil.

June 19, 2023
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Four Police Personnel, Two Frontier Corps Soldiers Injured In Different Attacks In Khyber, Pakistan

Islamabad: Four police personnel and two soldiers of the security forces were injured in different attacks by unidentified armed men in Bara tehsil of Pakistan’s Khyber district on Sunday, Pakistan-based The News International reported citing local and official sources.The gunmen attacked the police post in the Sarki Kamar area in Bar Qambarkhel on Saturday. Four police personnel identified as

June 19, 2023
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