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$13.44 billion in liquid foreign reserves

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The State Bank’s foreign reserves were $8,040.3 million, whereas Pakistan’s total liquid foreign reserves as of the week ending April 5, 2024, were US$ 13,441.7 million.

The State Bank of Pakistan said that during the week under review, the central bank’s foreign exchange reserves dropped by $0.1 million to $8,040.3 million in a statement released here on Monday.

It further stated that commercial banks’ net foreign reserves were reported to be $5,401.4 million.

The nation’s total liquid foreign reserves as of the previous week, which concluded on March 29, 2024, were $13,378.9 million.

These included the $8,040.4 million in foreign reserves held by the central bank and the $5,338.5 million in net foreign reserves held by commercial banks.

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PM Shehbaz will meet with Saudi ministers and speak at the WEF special session today.

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On the third day of his visit to the Kingdom, Prime Minister Shehbaz Sharif will speak at the World Economic Forum Special Meeting’s final plenary, which is titled “Rejuvenating Growth.”

Other speakers at the concluding plenary, in addition to the prime minister, are Saudi Arabia’s Minister of Economy and Planning Faisal Alibrahim, British Secretary of State David Cameron, WEF Geneva President Brørge Brende, and WEF Head of Middle East and North Africa Maroun Kairouz.

Meetings with Saudi ministers of trade, energy, the environment, and agriculture are also scheduled for the third day of the prime minister’s visit. He will probably also meet with his counterpart from Malaysia.

Mohammed bin Salman, the prime minister and crown prince of Saudi Arabia, will be present at the World Economic Forum’s (WEF) Special Meeting on Global Collaboration, Growth, and Energy for Development, which gets underway here today.

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The nomination of Ishaq Dar as deputy prime minister raises concerns.

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A lot of doubts have been raised by Ishaq Dar, the foreign minister, being appointed deputy prime minister.

No reference to the Constitution, regulations, or any other law was mentioned in the Cabinet Division’s notification of the appointment.

What powers Prime Minister Shehbaz Sharif used to designate Ishaq Dar as deputy prime minister has come under scrutiny in light of this.

There are questions about the legal foundation for the deputy prime minister’s nomination as it appears from the notification’s phrasing that rules for the position have not yet been established, according to insiders.

Likewise, the announcement is vague about the deputy prime minister’s proposed authority.

Deputy prime minister would be purely symbolic, according to government sources, and would not be authorized to carry out prime ministerial duties. In Pakistan, the deputy prime minister has previously been nominated.

The PPP administration appointed Chaudhry Parvez Elahi as deputy prime minister.

Observe that Foreign Minister Ishaq Dar was appointed deputy prime minister on Sunday with Prime Minister Shehbaz Sharif’s consent; the Cabinet Division formally announced the appointment.

Dar holds the position of Pakistan’s fourth deputy prime minister. Previous appointments to the position of deputy prime ministers included Parvez Elahi, Zulfikar Ali Bhutto, and Begum Nusrat Bhutto.

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The green colour of WhatsApp ‘angers’ some users.

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After changing its display colour from blue to green, WhatsApp, which was before well-known for its blue motif, caused its users to hold divergent views.

New upgrades to the Meta app always spark a lot of discussion, regardless of how big or small the changes are.

Still, Meta-owned WhatsApp hopes that these modifications would “make it more accessible as well as easier to use” and offer a “modern, new experience” with relation to the updated display color.

A statement from the firm claimed that they had altered WhatsApp’s “looks and feels, including spacing, colors, icons, and more.”

Both iOS and Android users can now view the new WhatsApp update; the green tint on the latter has changed from the previous version.

However, iPhone users will notice that every display element, including the chat-list window and status bar, has changed with the recent design update. WhatsApp used to have a blue color scheme on iPhones.

Furthermore, the formerly blue links shared within the app are now displayed in green.

In addition, WhatsApp has made other improvements to improve its user experience outside of the color shift.

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