The State Bank of Pakistan’s Half Year Report shows stronger growth, lower inflation, rising reserves and a rare fiscal surplus, but warns that weak exports, low investment, climate shocks and Middle East instability could still test the recovery.
Pakistan is moving to repay the last $1.5 billion of a UAE loan this week after already returning $2 billion, as officials look to an IMF board review expected next month to unlock fresh funding and steady market confidence.
Pakistan wants early approval of its next IMF tranche as the country heads into another programme review next month. The move is aimed at protecting reserves, reassuring investors and sustaining a still-fragile sense of economic stability.
Pakistan has raised $500 million in a three-year Eurobond priced at 6.975 per cent, marking a notable return to international debt markets and offering a fresh sign that investor confidence in the country’s near-term economic outlook is beginning to recover.
سعودی عرب نے پاکستان کیلئے 8 ارب ڈالر کی مالی معاونت کا اعلان کر دیا، اسٹیٹ بینک میں 5 ارب ڈالر کے ڈپازٹ کی توسیع اور مزید 3 ارب ڈالر کا اضافہ شامل۔ یہ اقدام پاکستان کی معیشت کو سہارا دینے اور استحکام کو مضبوط بنانے کی جانب اہم پیش رفت ہے۔
Pakistan has moved on two fronts over the Houthi assault on Saudi Arabia this week: Defence Minister Khawaja Asif warning the Makkah Defence Pact could become operational, and Pakistan separately delivering a direct diplomatic warning to Iran, Reuters reports, urging Tehran to rein in the Houthis.
Apple has unveiled the iPhone Duo, its first-ever foldable iPhone, featuring a 7.6-inch display Apple calls the largest and most immersive iPhone screen ever. The launch, presided over by new CEO, starts at $1,999, with preorders opening October 16.
US President Donald Trump did not push back on British plans to sanction Israeli settlements when briefed by Prime Minister Andy Burnham, a Western official told The Times of Israel.
British Prime Minister Andy Burnham announced a package of measures targeting Israeli settlements in the West Bank, including a trade ban, a formal declaration that the occupation is unlawful, and sanctions on individuals and companies profiting from settlement expansion, calling it a decisive break from years of British hesitancy.
برطانیہ، فرانس اور کینیڈا نے مقبوضہ مغربی کنارے (فلسطین) میں اسرائیلی بستیوں سے تجارت پر پابندیاں عائد کر دیں۔ ڈنمارک، ناروے، پولینڈ، سپین اور سویڈن نے ”دو ریاستی حل“ کی حمایت میں مزید اقدامات کا عندیہ دے دیا۔ اسرائیل کی ”سفارتی تنہائی“ بڑھ رہی ہے۔ روئٹرز