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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...
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Karachi suffers greatly during the EID due to heavy rain.

 


Since previous night, there has been a lot of rain in several areas of Karachi. According to the most recent reports, a low-pressure system over the Arabian Sea will likely cause the city to see sporadic light to moderate rain throughout the day.

Heavy rains once more exposed the city's drainage infrastructure and the Sindh government's claims on its rain emergency measures, causing several major highways and streets to totally flood.

City drainage systems completely collapse once more, severely affecting major areas including Defence, Clifton, Share-e-Faisa, Gulsha-e-Iqbal, Gulistan-e-Johar to Nazimambad, New Karachi, and Surjani.

Citizens are being urged not to leave their homes because of urban flooding in Karachi as a result of recent heavy downpours.


Be careful, everyone.

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