IMF reaches staff-level agreement with Pakistan on $700 million bailout review
Wednesday, 15 November 2023 Pakistan and the International Monetary Fund (IMF) have reached an agreement for the release of a $700 million second tranche of a $3 billion bailout package. This agreement comes as a major relief for Pakistan, which has been facing a severe balance of payments crisis. The IMF team has praised Pakistan's stabilisation policies and highlighted the need for continued efforts to build resilience in the face of external risks. The successful conclusion of talks is expected to help stabilize Pakistan's economy as it approaches general elections
EU Takes Step Towards Ending, Export of Plastic Waste , to Poor Countries.
On November 17, the European Union reached
a breakthrough in efforts to stop shipping
tons of plastic trash to poorer nations.
According to a tentative new agreement,
27 EU nations agreed to stop sending plastic...
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In 2023, the BRICS Alliance expanded to nearly 11 nations, adding significant members like Saudi Arabia, Iran, and Egypt. Pakistan, backed by China, aimed to join. Pakistan applied for BRICS membership..
Tentative Gaza Hostage Deal , Pending Israeli Approval.
NBC reports that a tentative
deal has been agreed upon to
release hostages held in Gaza. .
According to sources with knowledge of the..
Credit: Wibbitz Top Stories Duration: 01:31Published
Wednesday, 15 November 2023
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