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Pakistan secures IMF funding boost, stock market surges in response

IMF and Pakistan agree on new $1.3 billion funding package, sparking a strong stock market rally with gains of over 1,400 points. Economic stability shows significant improvement over the past eighteen months, with inflation dropping to its lowest level in nearly a decade.

A combined file photo is shown of the IMF emblem at Washington, D.C. alongside incumbent prime minister of Pakistan, Shehbaz Sharif. — FILE/THE THURSDAY TIMES
Former PM Zulfikar Ali Bhutto awarded Pakistan’s highest civilian honour, Nishan-e-Pakistan. — FILE
KSE-100 index crosses 118,000 points, signalling investor confidence and economic optimism. — ORIGINAL/THE THURSDAY TIMES
Australian Prime Minister Anthony Albanese addressing at the National Muslim Community Iftar.
Moody’s upgrades Pakistan economic outlook after IMF deal boosts investor confidence. — ORIGINAL/THE THURSDAY TIMES
China extends Pakistan's loan repayment, boosting economic confidence. — ORIGINAL/THE THURSDAY TIMES
Islamabad is set to slash electricity prices for industries, with Prime Minister Shehbaz Sharif officially announcing the decision on March 23, boosting industrial growth and investor confidence. — ORIGINAL/THE THURSDAY TIMES

Arab leaders launch $53bn Gaza rebuild to defy Trump handover proposal

Arab leaders champion a $53 billion Gaza reconstruction plan, boldly countering Trump’s displacement idea and demanding full Palestinian self-rule. Meanwhile, Israel deems the summit’s stance outdated, and uncertainties linger over peacekeeping, disarmament and funding.

Arab leaders unite behind a $53 billion plan for Gaza, rejecting Trump’s displacement vision and rallying for genuine Palestinian self-governance
Published by Thursday Media International thursday.media