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By the end of April, the IMF board is anticipated to approve a $1.1 billion payout to Pakistan.

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Kozack stated during a news conference in Washington that Pakistan and the IMF had reached a staff-level agreement on March 19. Pakistan’s economic circumstances have improved.

“Pakistan will be granted an overall $3 billion in line with the standby arrangement,” the speaker insisted.

$1.9 billion has already been secured by the nation,” Kozack continued.

A staff-level agreement was reached between Pakistan and the International Monetary Fund (IMF) last month over the final review of a $3 billion loan plan.

The announcement was made on March 19, following the end of the IMF team’s week-long visit to Islamabad.

The international lender congratulated Pakistan’s central bank and the departing caretaker government for their “strong program implementation” and expressed its optimism that the incoming administration would carry on with efforts to stabilize the country’s economy.

The new government is dedicated to carrying out the policy initiatives that were initiated under the existing Stand-By Arrangement to solidify financial and economic stability for the balance of this year, the IMF official continued.

In order to support Pakistan’s economic stabilization program, the IMF approved a critical nine-month agreement with that country in June.

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12th Excellence Awards Ceremony: Government Will Use All Available Tools To Promote Business Community

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Additionally, President Asif Ali Zardari has stated that he is in agreement with the suggestions that have been put forward by the business community.

According to the President, who was speaking at the 12th FPCCI Excellence Awards Ceremony, which took place at Awan-e-Sadr in Islamabad, the government is working to revitalize the national economy.

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Relations between Pakistan and Saudi Arabia for Business. There will be a testament to the fraternal ties between Pakistan and Saudi Arabia: Dar

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Pak-Saudi accords will serve as an enduring tribute to the time-tested and fraternal connections that exist between both nations, according to Ishaq Dar, who is both the Deputy Prime Minister and the Foreign Minister of Pakistan.

During a signing ceremony that took place in Islamabad, Dar brought attention to the enduring nature of the relationship between Pakistan and Saudi Arabia.

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We Put Pakistan On Route Of Development: Shehbaz Sharif

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It has been said by Prime Minister Shehbaz Sharif that the attack on Chinese nationals, coupled with the demonstration in the Federal Capital, is a replicate of the events that occurred in 2014-2015, when the visit of the Chinese President was delayed owing to the sit-in that was organized by the Pakistan Tehreek-e-Insaf (PTI).

He stated, when addressing the meeting of the Federal Cabinet, that we would not accept a replay of the events that occurred in 2014 and 2015 and that we will leave no stone unturned in order to ensure the safety and security of Chinese engineers.

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