ISLAMABAD: Country’s top economic panel on Monday green-lit continuation of subsidised electricity and RLNG supply to export sector and utilisation of power for the incremental package for.
ECC extends electricity, gas subsidy for export-oriented sectors dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
ECC approves structure, financial impact of remittance application dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
IMF approves $650b to aid coronavirus fight
August 4, 2021
ISLAMABAD: International Monetary Fund (IMF) Tuesday approved the biggest resource injection in the Fund’s history, with $650 billion meant to help countries deal with mounting debt and the fallout from the COVID-19 pandemic, foreign media reported. The creation of the reserve assets known as special drawing rights is the first since the $250 billion issued just after the global financial crisis in 2009, with Managing Director Kristalina Georgieva billing it as “a shot in the arm for the world” that will help boost global economic stability. The SDR allocation will be effective on Aug 23, the IMF said in a statement.