Current Final

Author: News Desk

  • IMF seeks further assurances from Pakistan despite Saudi Arabia and UAE confirmation

    IMF seeks further assurances from Pakistan despite Saudi Arabia and UAE confirmation

    The International Monetary Fund (IMF) is seeking further assurances from Pakistan, despite confirmation of financial assistance from Saudi Arabia and the United Arab Emirates (UAE), to ensure that Pakistan has met the condition of arranging $6 billion financing in order to reach a staff-level agreement.

    Nathan Porter, the IMF’s Mission Chief to Pakistan, welcomed the announcement of financial assistance from the two “key” friendly countries, stating that the IMF supports the efforts of the Pakistani authorities. A Pakistani delegation is currently in Washington attending the Spring meetings of the IMF to discuss the revival of the loan programme. Pakistan’s Finance Minister Ishaq Dar was unable to attend due to domestic issues.

    Pakistan had been asked to arrange $6 billion in external financing, which it needed from now until June to avoid default. Saudi Arabia has pledged $2 billion, while the UAE has committed $1 billion, thus reducing the now-required amount to $3 billion. Pakistan’s foreign exchange reserves have fallen to cover barely a month of imports after the IMF funding stalled in November, hit by snags over fiscal policy adjustments after officials of the lender visited Islamabad in February for talks. The IMF programme will disburse another tranche of over $1 billion to Pakistan before it concludes in June.

    IMF’s Director of the Middle East and Central Asia Department, Jihad Azour, during a press conference, briefed the media about the current status of the $6.5 billion programme with Pakistan, saying that Pakistan is at a critical juncture and decisive actions are required to stabilise the economy. Azour emphasized the need for Pakistan to address inflation, reduce the constraints on trade and export, and maintain macroeconomic stability. He also stated that financing is required, and the financing needs are about what is currently in the programme, and the IMF is working with the authorities and bilateral supporters of Pakistan to ensure that the financing needs for the programme and beyond are assured.

    Central bank governor Jameel Ahmad told investors in Washington at the spring meetings of the lender and the World Bank that programme loans from other multilateral agencies await completion of the IMF review. Pakistan is at a critical juncture, and decisive actions are required to stabilise the economy.

  • Itni chuttiyan? KP announces six-day long Eid holiday

    Itni chuttiyan? KP announces six-day long Eid holiday

    The Khyber Pakhtunkhwa (KP) government has announced on Friday that official holidays on the occasion of Eid ul Fitr will be six days long.


    According to the notification issued by KP government, Eid holidays will start from April 21 and will conclude on April 26.


    The Federal and Punjab governments have announced a five-day holiday for Eid.


    The Central Ruet-e-Hilal Committee is set to meet on April 20 for sighting of the Eid ul Fitr crescent moon, a statement from the religious affairs ministry said on Tuesday.

    This year, the holy month of Ramazan started on March 23.

  • ‘Imran Khan wanted to stay in power till 2035’: Asif Zardari

    ‘Imran Khan wanted to stay in power till 2035’: Asif Zardari

    Former president and Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari on Friday alleged that former Prime Minister Imran Khan had wanted to stay in power till 2035 and was planning on doing so.

    Speaking on Geo News’ programme “Capital Talk”, Zardari told Hamid Mir, “They had very different planning. They wanted him to stay in power till 2035. And to counter this move, we [Pakistan Democratic Movement (PDM)] brought in the no-confidence motion against him [Khan].”

    Recalling a conversation with the then Chief of Army Staff, General (retd) Qamar Javed Bajwa, the PPP leader said that he wanted the opposition to go for elections while he will convince Khan to resign. “But amidst this conversation, he kept giving us hints that he would impose martial law. Bajwa sahab said that he can impose martial law in five minutes,” revealed Zardari.

    The PPP leader went on to say that it is easy to climb onto a lion’s back but getting off is very difficult. “We told Gen Bajwa to go ahead with it, you run the country and we will go and continue with agriculture, that’s when he backed off.”

    Talking about general elections, Zardari said that they should be held at the same time across the country, as the federal government and Supreme Court are in a virtual standoff over holding the polls in Punjab and Khyber Pakhtunkhwa.

    “The problem is not that we are afraid of elections,” he said, adding that his party did not have an objection to the poll but its “timing”. The PPP leader maintained that his party had joined the National Assembly with just 14 seats in the past.

    Slamming Khan, the PPP leader said that the political workers stage protests but they do not pick up weapons. He claimed that Khan was not a popular leader, saying that he paid the people.

    The PPP leader revealed that he and PDM chief Maulana Fazlur Rehman had asked Bajwa not to seek resignation from Khan.

  • Govt expected to increase petrol price by up to Rs14 per litre for the next fortnight

    Govt expected to increase petrol price by up to Rs14 per litre for the next fortnight

    Petroleum prices are expected to jump by approximately Rs10-14 per litre for the upcoming two weeks. Credible industry sources suggest that the government may contemplate increasing the prices of petroleum products in response to the increasing oil prices in the global markets.

    If the government considers compensating for exchange rate losses, as opposed to the previous review where the authorities did not transfer the impact of rupee devaluation to the public, the hike in prices could increase to as much as Rs14 per litre.

    The ex-depot price of petrol in the country is currently Rs272 per litre, and according to the workings of the oil sector, it is expected to reach Rs286.77 per litre in the next review if the government passes on the impact of global oil prices and exchange rate losses. However, even if the government does not adjust for exchange losses, petrol prices are still likely to increase due to higher global oil prices. The anticipated increase in the price of petrol is based on the current rate of taxes, with the government levying an Rs50 per litre charge on petrol and zero general sales tax.

    The expected rise in petrol prices is based on the Rs5 per litre exchange loss adjustment of Pakistan State Oil (PSO), which the government did not include in the past to keep petrol prices low. The prices of petroleum products would have been higher following the massive depreciation of the rupee against the dollar in the last two and a half months when, under International Monetary Fund (IMF) conditions, the market-based exchange rate was allowed.

    On the other hand, the price of high-speed diesel (HSD) is expected to remain unchanged in the next review of prices, as the current ex-depot price of HSD is the same as the expected price for the next fortnightly period. The anticipated unchanged price of HSD is based on the Rs17.50 exchange loss adjustment of PSO, which was pending when the dollar price increased massively in the last few weeks. Sources suggest that if the government does not adjust for exchange rate losses, the diesel price may decrease by Rs15 per litre.

    The government raised the petroleum levy on HSD to Rs50 per litre under IMF conditions in the last review of prices and charged no GST on it. According to sources, while the oil sector’s workings reflect a rise in petrol prices and no change in HSD, it is up to the government to decide. In the current scenario, the government has no option but to increase the price of petrol, as its financial space is already squeezed. Additionally, the government is making desperate efforts to revive the IMF program to shore up forex reserves.

  • Karachi citizen allegedly shoots two robbers, killing them

    Two suspected robbers were reportedly shot to death on Saturday in the Azizabad Block 8 area of Karachi after a citizen allegedly fired at them while they were attempting to rob him near Moore Park, as per eyewitnesses, Samaa has reported.


    The police arrived at the scene and took possession of the bodies, which were then transferred to Abbasi Shaheed Hospital. The suspected robbers were pronounced dead upon arrival at the hospital.


    Authorities have stated that they are working to establish the identity of the alleged thieves. It remains unclear whether the citizen who fired the shots acted in self-defense or if there are other factors at play.



  • Maya Ali’s favourite scene from ‘Yunhi’ is a replay of sexist ‘beti ka ghar na raha’

    It’s Friday, Mercury has stopped going in retrograde and everything is going back to normal, except for Pakistani dramas, which will keep scraping the bottom of the barrel to search for sexist content.

    It’s hilarious and yet quite terrifying how dedicated Pakistani dramas are to not provide what their audiences actually want: progressive storylines that recognise women as equals, rather than as props. But what currently popular trending dramas like ‘Yunhi’ prove, the best way to get ratings and to keep eyes glued to screens is to keep peddling the same sexist tropes over and over again and proclaim it as the standard content everyone should watch.

    ‘Yunhi’ began trending on social media this week when the actor playing the female lead on the show, Maya Ali, shared a clip from the latest episode. In it, her character is having an emotional, heart-to-heart with her father (played by fashion designer Deepak Perwani). Judged on performance alone, the scene is definitely tearjerking. However, we made the mistake of unmuting the video and heard the female character discuss how tragic it is for her to leave her father and how happy she is that her mother isn’t alive to see her wedding day.

    We should clarify here that Maya’s character is not heading off to war or to a distant land, but is actually getting married and leaving for her new home.

    Exactly what magical powers does a yellow mayun joraa hold, we want to ask Deepak Perwani, because of which a woman suddenly becomes a shadow of her past self and leaves behind her old family and friends? Does signing a marriage pact suddenly mean that over night, no woman can come back to her old home, and is now just the wife of the man that she has married?

    And most importantly, how is this supposedly tear jerking scene suppose to sit well in a country where women are taught that once they are married, they can never freely visit their families nor can they wear what they want or go where they want? They are not even allowed to escape domestic abuse.

    The message that Maya Ali likes, is once more, a terrifying reminder that for Pakistani families, marriages are basically equivalent to exiling women from their parents’ homes. And that for parents, including the dead mother who Maya is glad isn’t alive to watch her get married, the sole emotional and fundamentally important moment is their daughter getting married, nothing else.

    If these drama creators need any advice to show a rukhsati that actually makes the audience sob, take notes from ‘Kuch Ankahi’. That drama serial included a wedding scene where the phupoo (aunt) passionately defended women’s right to include protective clauses in the nikkahnama, and prove that women do not become strangers to their own families once they get married. They are still individuals with a personality, and definitely more than just the wives of the men they are getting married to.

    https://twitter.com/sunflowermochii/status/1637183811300601858?s=20

  • ‘She’s Pakistani, due respect,’ Adnan Siddiqui schools Priyanka for ignoring Sharmeen Obaid’s nationality

    Pakistani filmmaker Sharmeen Obaid-Chinoy has gone from strength to strength, initially by becoming the first Pakistani and woman of color to first win two Oscars, then to helming Marvel projects and now to taking on the mantle of the first female director to take on the iconic franchise ‘Star Wars’.

    Chinoy’s remarkable achievements have made Pakistanis incredibly proud, putting the country on the global map of the entertainment industry.

    The ‘Star Wars’ announcement has prompted a lot of people to congratulate Chinoy, including local and international stars. However, Hollywood actress Priyanka Chopra’s sentimental note about the director irked a lot of people, including actor Adnan Siddiqui.

    Chopra has shared a note for Chinoy on Instagram, calling her the first ‘South Asian’ woman to achieve such monumental heights.

    Adnan Siddiqui then schooled her in a tweet, reminding her that Chinoy was a Pakistani first, then a South Asian

    “With due respect, @priyankachopra . Sharmeen Obaid Chinoy is a Pakistani first just to brush up your knowledge. Much like the way you flaunt your Indian nationality whenever you get the opportunity before claiming to be a South Asian.”

    Siddiqui’s savage response earned him praises from Twitter.

  • ECC approves interest-free loan scheme for electric bikes and rickshaws to empower youth

    ECC approves interest-free loan scheme for electric bikes and rickshaws to empower youth

    On Thursday, the Economic Coordination Committee (ECC) of the cabinet approved a loan scheme with 0 per cent markup for environment-friendly electric bikes (e-bikes) and electric rickshaws (e-rikshaws) in a bid to facilitate youth and promote self-sufficiency.

    The approval was given during a meeting chaired by Finance Minister Senator Ishaq Dar, where various financial proposals of ministries and divisions, including the loan scheme, were approved.

    The Ministry of Industries and Production submitted a summary on the financing facility for e-bikes and e-rikshaws, presenting details on viability, demand, and incentives to make them affordable. In order to create a sustainable demand for these vehicles, the ECC approved the Prime Minister’s Youth Business & Agriculture Loan Scheme (PMYB&ALS) model for two and three-wheelers.

    Under this scheme, interest-free loans worth Rs0.5 million will be provided to youth for a period of three years. The Ministry of Industries and Production will work out the modalities of the scheme in coordination with PMYB&ALS.

    During the meeting, the Ministry of National Food Security and Research tabled a summary on the price of sugar during the month of Ramadan and briefed the attendees on the outcome of the Sugar Advisory Board’s meeting with the Pakistan Sugar Mills Association (PSMA) regarding the retail price of sugar.

    The ECC endorsed the decision that PSMA Punjab Zone will provide 20,000 metric tonnes of sugar at a retail price of Rs95 per kg during the holy month of Ramadan for sale to the general public through the government of Punjab at the district level. The ECC also directed to make similar arrangements with other provincial PSMA for the provision of sugar in other provinces/areas.

  • South Korea to pay $500 to lonely young people

    South Korea plans to provide approximately $500 every month as a cash giveaway to encourage young individuals, who are mostly underprivileged and reclusive, to come out of their isolation.


    In an effort to assist young people affected by hikikomori, a term used to describe severe social withdrawal, the Ministry of Gender Equality and Family in South Korea has initiated the funding program. The Korea Institute for Health and Social Affairs estimates that approximately 3% or 350,000 individuals aged between 19 and 39 in South Korea experience loneliness or isolation.


    As per the reports from the Ministry, citing the Korea Institute for Health and Social Affairs, roughly 3.1 per cent of South Koreans aged between 19 and 39 are classified as “reclusive lonely young people.” This term is defined as individuals living in a restricted space, disconnected from the outside world for an extended period, and struggling to lead a regular life.


    The Ministry’s report stated that around 338,000 individuals in the country fit the category of “reclusive lonely young people,” with 40% of them starting to withdraw during their adolescence. The reasons behind their isolation are diverse and may include financial difficulties, mental health issues, family conflicts or health problems

  • Bakhtawar Bhutto, Ayesha Omar, celebrities, slam Karachi Zoo after Noor Jehan suffers fall

    Bakhtawar Bhutto, Ayesha Omar, celebrities, slam Karachi Zoo after Noor Jehan suffers fall

    Trigger warning: distressing video

    Karachi Zoo’s ailing elephant Noor Jehan suffered another setback on Thursday after she fell into a concrete pond inside her pen. According to Karachi Times, the elephant had to be pulled out with the help of cranes and was not moving much after that.

    Speaking to Geo News, Safari Park Director Kanwar Ayub said that the unfortunate accident happened on Thursday night, leading to worsening of Noor Jehan’s pain. He further added that her treatment was still being supervised by foreign doctors.

    Activists and celebrities slammed the Zoo’s management authorities for mishandling animals and the overall poor state of the facility.

    Bakhtawar Bhutto-Zardari shared a video of Noor Jehan in distress on Twitter, demanding that the zoo should be shut down because of it’s inability to provide proper facilities to animals.

    “#KarachiZoo should be shut down because it is clearly beyond the capacity of KMC.”

    Actress Ayesha Omar too posted a video clip of Noor Jehan on her Instagram page, asking her followers about how could they help in ensuring the elephant receives proper treatment.

    Actor Yashma Gill shared a video clip on her Instagram stories of Noor Jehan, and wrote that for the sake of Ramzan, the zoo needs to shut down.

    “Please for the sake of this holy month join hands in this cause and help in BOYCOTTING this zoo culture!”

    Nadia Jamil prayed that the elephant’s critical condition is ressolved as she shared a clip of Noor Jehan after her surgery

    Veteran actress Simi Rahael shared a tweet that slammed Karachi Zoo’s administration for the poor condition of Noor Jehan, and in the caption she shared the hashtag #banzoo and #stopanimalcruelty

    International animal relief organization Four Paws also posted updates from their Twitter account, stating that they had coordinated all night with the local team to try and save the elephant’s life.

    Earlier, Four Paws had flown its veterinarians to Karachi to operate on Noor Jehan after her condition had gotten worse. In a press release, they had written that in 2021, the organisation had strongly recommended that both elephants should be shifted from Karachi Zoo as the facilities there do not comply with international standards. However, no such measures were taken by the authorities.

    On April 5, Dr Amir Khalil, the head of Four Paws, revealed that the surgery on Noor Jehan had been successful, hoping that authorities would comply with the organization by relocating both elephants, Noor Jehan and Madhubala, to a proper facility equipped to handle the animals.

    On April 7, Times of Karachi announced that the Director of Karachi Zoo, Khalid Hashmi, had been suspended due to negligence and mismanagement which had led to Noor Jehan’s illness.