Skip to main content

General Bajwa, has requested assistance from Washington in achieving an early transfer of funds from the IMFin order to help stabilize Pakistan's shrinking economy.

  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...

Arshad Sharif, Senior Journalist, disclosed ISPR audit data, which revealed that ISPR spent Rs 12.3 million on a 5-minute inspirational song.

Arshad Sharif Senior Journalist published ISPR audit data, which indicated that ISPR spent Rs 12.3 million on a 5-minute motivating song.


Arshad Sharif, a prominent journalist, disclosed the records of an ISPR audit, which indicated that ISPR spent Rs 12.3 million on a 5-minute motivating song.

The budget included 22 distinct items, namely the payment of a scriptwriter, the hire of an editing machine, the hiring of graphic and animation artists, the rental of equipment, and other production-related expenses.

"This Ministry of Defense subsidiary, which spends billions of rupees yearly, should undergo a complete audit to determine who benefitted from songs, plays, and films - how many billions of rupees were spent on playing songs from public funds?" Arshad Sharif tweeted

Comments

Popular posts from this blog

What happened and who will be the next Chief Minister of Punjab?

Today's Punjab CM election between Hamza Shahbaz and Parvez Elahi will affect the future politics of Punjab and Pakistan. Punjab Assembly session for the CM election at 4PM. Deputy Speaker Dost Muhammad Mazari will chair an Important Session. Strict security in and around the Punjab Assembly for the CM Election Session.  At 4PM, The crucial Punjab Assembly session for the election of the new chief minister will held and chair by Deputy Speaker Dost Muhammad Mazari. Strict security measures are in place with in and out of the Punjab Assembly to avoid any harm situation. Last week's stunning victory by the PTI in Punjab by-elections over the seats of dismissed means that both Pakistan Tehreek Insaf (PTI) and Pakistan Muslim League-Noon (PMLN), the two main major parties of Punjab , are currently and politically in a heated race for the Chief Minister-ship, with their respective candidates being Punjab Assembly Speaker Chaudhry Pervez Elahi, a candidate of the PT...

Traders Protest against K-Electric (KE) for charging additional RS6,000 Sales tax.

Traders Protest against K-Electric (KE) for charging additional RS6,000 Sales tax. The Federal government has imposed a new sales tax of PKR 6,000 per month on commercial power meters throughout the country as of July 1, 2012. So far only K-Electric has enforced the Finance Bill 2022 decision, sparking anger among the traders in the country's economic and commercial center. Consequently, trade Shopkeepers & all markets have been up in arms against K-Electric for issuing additional sales tax invoices after adding sales tax for the past two days. Atiq Mir, the chairman of the All Karachi Tajir Ittehad , stated that owners of shopkeepers will begin a sit-in in front of the K-Electric headquarters until Rs6,000 was removed from the bill. It is utterly unjustifiable to apply the decision just on Karachi's merchants. Kashif Chaudhry, president of MarkazeAnjuman Tajiran Pakistan, stated, "We strongly protest the implementation of a Rs6,000 sales tax on electricity bills and a...

With the help of China, Sri Lanka will pay back its own Chinese loan.

With the help of China Government, Sri Lanka Government will pay back its own Chinese loan. In addition to a $1.5 billion credit , the Sri Lankan government has requested a $1.5 billion dollar loan from the government of China. According to reports, Government Of China has notified us that it does not have a structure in place to allow Sri Lanka to reschedule debt payments.