Author: Tolay Gadai

Bangladesh is expected to receive the second installment of the USD$4.7 billion loan from the IMF by November this year. “Officials of the International Monetary Fund (IMF) visited Dhaka several times and found satisfactory achievement in different sectors. The second instalment of the loan will be released timely,” a senior official of the finance ministry told UNB on Monday. Meanwhile, Bangladesh made reforms in some sectors and updated the latest information in line with IMF’s requirements. So there are no doubts about receiving the next instalment of the loan on time from the global lender, he said. The forex reserves…

The government has decided to accept the 21 remote-controlled drones from China. A Cabinet meeting on Tuesday decided to receive the assistance provided by the government of Tibet for use by the Nepal Police. The Ministry of Home Affairs has decided to accept the drones provided as a grant from the Public Security Department of the Tibet Autonomous Region of China, reads the Cabinet decision released on Wednesday. During a meeting with Deputy Prime Minister and Home Affairs Narayan Kaji Shrestha on May 8, the Chinese ambassador, Cheng Song, had communicated that China would provide 21 drones to the Nepal…

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N), on Friday, reacted sharply to the apex court’s verdict, in which, it annulled the Supreme Court (Review of Judgments and Orders) Act 2023, saying “dark justice” is unacceptable and urged the next assembly to legislate again in “public interest”. PML-N senior leaders in their Twitter statements, termed the Supreme Court’s unanimous judgment as an “insult to the Parliament”. “Declaring the Supreme Court (Review of Judgments and Orders) Act 2023 as unconstitutional as well as null and void is an insult to the Parliament. All such decisions are planned and come from the special bench,” said…

Ishaq Dar, the finance minister, served as the chairman of the Economic Coordination Committee where the decision was made. According to a Tuesday statement from the finance ministry, Pakistan would purchase more power from its neighbour Iran. Ishaq Dar, the finance minister, served as the chairman of the Economic Coordination Committee where the decision was made. Energy-starved Pakistan has agreements in place with Tehran to purchase power for its border regions, particularly for Chinese-funded construction projects at the port of Gwadar. A week following the Iranian foreign minister’s visit to Islamabad, a new proposition was made. The size and terms…

As the guessing game is in full swing over the possible candidate for the coveted slot of interim prime minister, former finance minister Senator Ishaq Dar has said there is no legal bar for a senator to become the caretaker PM. His remarks came soon after President Arif Alvi instructed Prime Minister Shehbaz Sharif and outgoing Leader of the Opposition in the National Assembly Raja Riaz to propose a name for the appointment of interim premier by tomorrow (Saturday). After the first round of consultations on the caretaker prime minister yesterday, the opposition leader and PM Shehbaz failed to agree…

Climate change is affecting every region on Earth and already causing irreversible impacts.While it is a global phenomenon, its negative impacts are felt more intensely by poorer countries and poor communities heavily reliant on natural resources and lacking coping and adaptive capacities to deal with a changing climate. Within those poor communities and countries, persons with disabilities are often amongst the most marginalized people. They experience attitudinal, physical and communication barriers that undermine their access to services and opportunities supporting their well-being and resilience. For this reason, they tend to be disproportionately vulnerable to climate impacts, including more frequent and…

Almost one month after the Russian invasion of Ukraine, reports emerged that a Nepali youth named Pratap Basnet was fighting for Ukraine. His story was widely noticed in Nepal. Nepal’s stated foreign policy is neutrality and non-alignment. However, on the Ukraine issue, Nepal’s government sided with the United States and the Western world to criticize Russia’s military attack on Ukraine’s territory. Recently, evidence has emerged of Nepali youths joining Russian forces. On May 16, Russian authorities made it easy to access Russian citizenship after one year of military service in Russia. Since then, hundreds of Nepali youths have joined Russian forces as contract soldiers. Some of them are…

Another militant commander associated with Jamaatul Ahrar and Tehreek-i-Taliban Pakistan (TTP), Sarbakaf Mohmand, has died in mysterious circumstances. According to sources, internal differences of terrorist organisations have become intense and there is a strong possibility that the death of Sarbakaf is linked with internal strife. He died under mysterious circumstances. For the past few days, there were reports of poisoning of Sarbakaf on some social media accounts. Sarbakaf had been involved in anti-Pakistan activities for a long time. He was spreading poisonous propaganda against Pakistan on social media in the name of Ghazi media network. Sarbakaf was considered a symbol…

The longstanding cooperation and technical help from Switzerland’s State Secretariat for Economic Affairs (SECO) have enabled the National Bank of Tajikistan to undertake a number of essential reforms in the nation’s monetary sector, Trend experiences. This was acknowledged through the assembly between the management of the financial institution and representatives from SECO held in Tajikistan’s Dushanbe to debate important collaboration issues. Within the framework of SECO’s tasks for financial cooperation, alongside supporting crisis-related initiatives, the National Bank of Tajikistan has developed and carried out a number of regulatory acts within the areas of macroprudential coverage, banking regulation and supervision, company…

On its sprawling 800km frontline, Russia is preparing for a decisive battle. As the sloppy winter mud begins to dry, Russia is preparing for a decisive battle across its front, which is three lines deep in places.  Kyiv wants to seize the initiative and beat back the invader after an underwhelming Russian offensive achieved limited results last year. But Moscow has learned from past failures and is once again counting on a long, grinding war it believes it can win. Russia’s fortifications extend from Kherson in the south all the way to northeastern Ukraine, a stretch of some 800 km.…