Author: Gence Hasni

Foreign Minister Bilawal Bhutto Zardari on Saturday said that it would not take much time for terrorism to go to other places beyond Pakistan if the interim Afghan government did not demonstrate the “will and capacity” to take on militant groups operating from its territory. Addressing the Munich Security Conference in Germany, the PPP chairman said the most important issue regarding Afghanistan in the region was the “security and terrorist threat emanating out” of the country, adding that there was a whole “alphabet soup” of terrorist organisations that were based out of Afghanistan. He rued that not enough seriousness was…

Cash-strapped Pakistan must take steps to ensure that its high earners pay taxes and only the poor get the subsidies if it wants to function as a country, the International Mone­­tary Fund has said, amid looming fears of a default. In an interview with the German state broadcaster Deutsche Welle on the sidelines of the Munich Security Conference in Germany on Friday, IMF chief Kristalina Georgieva said Pakistan needs to take strong measures to avoid getting into a “dangerous place” where its debt needs to be restructured. She said the IMF was very clear that it wanted the poor people…

(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 16. Russia cooperates with Turkmenistan at various levels both bilaterally, including in the format of an intergovernmental commission, and multilaterally, primarily within the framework of the CIS Electric Power Council, a source in the Ministry of Energy of Russia told trend . It was noted that Turkmenistan and Russia actively cooperate in the oil and gas and electric power sectors. ‘The basis of our cooperation in the electric power industry is created by the Memorandum of Understanding signed in 2020 between the Ministries of Energy of Russia and Turkmenistan on cooperation in the field of…

ISLAMABAD: Amid external account challenges, Pakistan borrowed about $5.115 billion in foreign loans in the first five months (July-November) of the current fiscal year, almost 14pc higher than the foreign loans it received in the comparable period last year. In its monthly report on Foreign Economic Assistance (FEA), the Ministry of Economic Affairs (MEA) said it received about $5.115bn foreign assistance in 5MFY23 compared to $4.499bn in the same period last year. In November alone, Pakistan received $842 million from foreign inflows compared to $794m in the same month last year, a rise of 6pc. As such, the total inflows…