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      Israel-Hamas ground battles burst out as death toll in Gaza rise with over 5,087

      Israel strikes Gaza after failed UN ceasefire bid

      Palestine-Israel war enters in third day as death toll rises to 1300

      US criticizes Israel on civilian casualties, death toll crosses 17000

      Danish parliament approves landmark bill to ban desecration of Quran

      Danish parliament approves landmark bill to ban desecration of Quran

      22 Palestinians killed over two days in Isreal’s air strike

      Two more IDF soldiers killed as Israel-Gaza War enters 61st day

      Nigerian Army drone strike accidentally kills 85 civilians

      Nigerian Army drone strike accidentally kills 85 civilians

      Manipur: Thousands flee after death toll reaches 54 in ethnic violence

      At least 13 killed in armed fighting in India’s ethnic riots-hit Manipur

      Gaza officials say more than 700 killed in overnight Israeli attacks

      Gaza fighting stretches into second day after Israel-Hamas truce collapses

      15 people killed in Israeli attack on Al-Shifa hospital in Gaza

      Isreal resumes attack soon after truce expires, dozens killed in Khan Younis

      US charges Indian national Nikhil Gupta with conspiracy to kill Sikh leader

      US charges Indian national Nikhil Gupta with conspiracy to kill Sikh leader

    • BUSINESS
      Karachi industrialists decry ‘cut’ in gas supply

      Karachi industrialists decry ‘cut’ in gas supply

      KSE-100 index gains record 1,033 in morning trading session

      PSX reaches new heights, surpasses 66,000 mark

      IMF postpones talks with Pakistan seeking details of flood relief expenditure

      Pakistani authorities ‘delivering’ economic front, says IMF official

      SECP registers 2414 companies in last month

      SECP registers over 27,000 new companies in FY2023

      PAC asks Prime Minister to scrap gas meter rent from consumers

      SNGPL seeks another tariff hike by 137%

      PM Kakar calls emergency meeting tomorrow over electricity inflated bills

      NEPRA declares K-Electric, power companies responsible for overbilling

      Gold price decreases Rs1,800 per tola

      Gold price soars Rs3100 per tola

      Pakistan’s trade deficit shrinks by 33.59pc in five months

      Pakistan’s trade deficit shrinks by 33.59pc in five months

      OGRA reduces prices of LPG for June 2023

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      Manoj Bajpayee gets biggest compliments, criticisms about his films from wife Shabana

      Manoj Bajpayee gets biggest compliments, criticisms about his films from wife Shabana

      Veteran actor, comedian Junior Mehmood passes away at 67

      Veteran actor, comedian Junior Mehmood passes away at 67

      Hania Aamir sparks dating rumours with Bollywood’s Badshah

      Hania Aamir sparks dating rumours with Bollywood’s Badshah

      Actor, host Nausheen Masud passes away

      Actor, host Nausheen Masud passes away

      Bobby Deol breaks silence on limited screen time in ‘Animal’

      Bobby Deol breaks silence on limited screen time in ‘Animal’

      Vicky Kaushal’s ‘Sam Bahadur’ struggles in Box Office clash with ‘Animal’

      Vicky Kaushal’s ‘Sam Bahadur’ struggles in Box Office clash with ‘Animal’

      “Sometimes Kabaddi Players Get Paid More Than Me”, Abhishek Bachchan

      “Sometimes Kabaddi Players Get Paid More Than Me”, Abhishek Bachchan

      Bargain bucket Harry Potter book ‘worth £60,000’

      Bargain bucket Harry Potter book ‘worth £60,000’

      Rani Mukerji, Kajol break silence on their cold war

      Rani Mukerji, Kajol break silence on their cold war

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      • pakistani actress
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      • fawad khan
      • Faisal Sabzwari
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      New Zealand beats Bangladesh by four wickets in second Test

      New Zealand beats Bangladesh by four wickets in second Test

      Sajid Khan likely to join Pakistan’s Test squad in Australia

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      Scoring 100 international centuries ‘tough job’ for Kohli, says Brian Lara

      Scoring 100 international centuries ‘tough job’ for Kohli, says Brian Lara

      Bangladesh near victory as New Zealand fail trial by spin

      Dhakha test: Spinners drag Bangladesh back into match

      Nida, Bismah reflect on Pakistan’s historic T20 series win over New Zealand

      Nida, Bismah reflect on Pakistan’s historic T20 series win over New Zealand

      PCB grants NOCs to Haris Rauf, Usama Mir, Zaman Khan for BBL

      PCB grants NOCs to Haris Rauf, Usama Mir, Zaman Khan for BBL

      Bangladesh secures historic win in Sylhet test as New Zealand fail trial by spin

      Bangladesh secures historic win in Sylhet test as New Zealand fail trial by spin

      Bangladesh near victory as New Zealand fail trial by spin

      Bangladesh near victory as New Zealand fail trial by spin

      Imad Wasim signs Melbourne Stars for Big Bash League 2023/24

      Imad Wasim signs Melbourne Stars for Big Bash League 2023/24

      Trending Tags

      • PSL V
      • PSL 6 Abu Dhabi
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      A journey of economic success during the tenure of the Army Chief: Gen Syed Asim Munir

      A journey of economic success during the tenure of the Army Chief: Gen Syed Asim Munir

      PM Kakar approves plan to bring PayPal, Starlink to Pakistan

      PM Kakar directs for national strategy to meet climate change challenges

      Water, a vital nutrient for maintaining overall health, well-being

      How many glasses of water should you drink on a daily basis?

      Conquering Overthinking: Strategies for a Clearer Mind

      Conquering Overthinking: Strategies for a Clearer Mind

      Always Love Yourself First: Embracing Self-Love and Respect

      Always Love Yourself First: Embracing Self-Love and Respect

      Exploring the Path to Real Happiness: Living in the Present with Joy

      Exploring the Path to Real Happiness: Living in the Present with Joy

      No need to nullify NAB laws, Supreme Court

      PTI to return assembly if wants amendments in NAB laws, SCP

      IK including Bushra Bibi declares his assets including

      Imran Khan spend Rs900 m at Prime Minister Office between 2019 to 2021

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      IMF demands govt submit new report on state-owned enterprises’ losses

      Web Desk by Web Desk
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      The Finance Ministry has been asked by the International Monetary Fund (IMF) to submit a fresh report regarding the losses incurred by state-owned enterprises.

      The Fund’s mission, which is currently in Pakistan to review the country’s loan tranche, said it won’t accept the reports based on old statistics, the sources said.

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      Therefore, it has demanded that the Central Monitoring Unit team submit its first updated assessment report for the first quarter of the current financial year.

      The IMF’s review mission is in Pakistan currently to complete the first review under the $3 billion loan programme and the possibility of releasing the second tranche of $700 million by the end of December 2023. The tranche would go through if both sides are able to strike a staff-level agreement at the end of the talks.

      Pakistan and the IMF teams are currently holding technical-level talks while the policy-level talks will be held next week from November 13-16.

      The Finance Ministry, on the other hand, has sought time from the IMF for submission of the report by December 2023, sources added.

      In its reply to the Fund’s delegation, the team said that government-owned enterprises are currently under scrutiny and the new statistical report will soon be completed, the sources said.

      Pakistan’s fiscal framework IMF’s focus

      Earlier today, The News reported that the visiting IMF mission is focused on Pakistan’s fiscal framework for the ongoing financial year 2023-24 to turn the primary deficit into surplus under the $3 billion standby arrangement (SBA).

      The IMF is not concerned by the overall rising fiscal deficit due to the escalating debt servicing of Rs1 trillion for the current fiscal year. The government has planned to keep a lid on the debt servicing bill till Rs7.3 trillion but the IMF has forecast that it may balloon up to Rs8.3 trillion till the end of June 2024.

      The primary surplus means that the deficit would be calculated by excluding debt servicing in the shape of principal and mark-up amounts requirement on domestic and foreign loans.

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      Voice of Sindh is an initiative designed to uncover the untold stories of Sindh. It aims to preserve and promote the diverse culture, heritage, history, and traditions that make Sindh the bastion of pluralism and progress.

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