Pakistan’s lottery may open this week, Ishaq Dar made this big disclosure
According to the newspaper Dawn, the Pakistan government has to reach an agreement with the International Monetary Fund (IMF) as soon as possible, as the country has currency reserves for barely three weeks of imports.
Pakistan, which is facing an economic crisis, can get a big relief this week. In the midst of long talks with the IMF, Pakistan has bowed down to many conditions. Meanwhile, Pakistan’s Finance Minister Ishaq Dar said on Thursday that the government was “fully committed” to completing the current $7 billion bailout program with the IMF. He indicated once again that the cash-strapped country could sign an employee-level agreement with the global lender this week.
According to the newspaper Dawn, the Pakistan government has to reach an agreement with the International Monetary Fund (IMF) as soon as possible, as the country has currency reserves for barely three weeks of imports. Addressing an event organized by the Finance Ministry here, Dar said, “My team and I have decided that in a short time, we will implement it and fulfil all the sovereign commitments of the previous government.”
Earlier, from January 31 to February 9, the two sides held 10 days of intensive talks with the IMF delegation in Islamabad. After not being able to agree to the agreement in this conversation, Pakistan and the IMF are now holding talks through video conference.
Pakistan’s army hit by ‘poverty’
Pakistan is trapped in the vortex of debt. ‘Dirty’ politics has ruined the financial condition of this country. The poor people of Pakistan are not getting bread to eat. Life has become easy to live. This condition of poverty has had a bad effect on the army of Pakistan as well. There is a shortage of food items in the Pak Army. The situation has now reached logistics and essential supplies. According to multiple reports, the DG-Military Operations (DGMO) has sent a warning that the army is facing a critical supply shortage. Apart from this, the DGMO also indicated operational challenges in the border areas.