The Chief of Army Staff, General Qamar Javed Bajwa, has requested assistance from Washington in achieving an early transfer of funds from the International Monetary Fund in order to help stabilize Pakistan's shrinking economy. Deputy Secretary of State Wendy Sherman, according to security sources, spoke with the army chief earlier this week. It is stated that the army chief made a plea to the White House and Treasury Department to get the IMF to immediately supply the almost $1.2 billion that the country is slated to receive under a reopened loan program. "Staff-level approval" for the loan was granted by the International Monetary Fund (IMF) on July 13. IMF Executive Board clearance is required before the transaction can be completed as part of Pakistan's $6 billion Extended Fund Facility. The International Monetary Fund (IMF) will be on vacation for the next three weeks, and its board will not meet until late August at the earliest. According to an IMF official wh...
According to (PDMA), monsoon rains are to blame for the deaths of more than 20 individuals in Sindh.
After merciless monsoon storms tore across Karachi and other areas of the province on Monday, at least 20+ persons were killed in rain-related accidents in Sindh, according to the Sindh Provincial Disaster Management Authority (PDMA).
Radio Pakistan said that 14 persons perished in Karachi, nine perished in Thatta, two perished in Khairpur, and one perished in Sukkur.
The Sindh government declared a rain emergency in Karachi yesterday after numerous neighborhoods and major routes were inundated. Nullahs flooded into homes in Korangi and Orangi Town. Some of the routes that were covered with waist-high water and left motorists and passengers stranded for hours were II Chundrigar Road, DHA, Sharae Faisal, University Road, NIPA Chowrangi, and Qayyumabad Chorangi.
Long power outages that lasted more than 36 hours were a complaint from the locals.
More rainy periods are expected to start on July 14 according to (PDMA).
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