The International Monetary Fund (IMF) has released a report on Pakistan’s economy.
According to the IMF report, the current fiscal year GDP rate is predicted to be 2 percent, the next fiscal year GDP rate is expected to be 3.5 percent.
According to the report, unemployment rate is expected to be 8% this fiscal year, unemployment rate is predicted to be 7.5% next fiscal year.
In the report, the inflation rate in the current fiscal year is expected to be 24.8 percent and the inflation rate in the next fiscal year is expected to be 12.5 percent.
IMF team reached Pakistan to discuss two different bailout packages
According to the IMF, exports are expected to exceed $31.20 billion this fiscal year, while exports are expected to exceed $34.41 billion in fiscal year 2024-25.
Prime Minister Shehbaz Sharif has said that a year has passed on May 9, but the nation and Pakistan have forgotten their criminals and will not forget them. is regarding to attack the state.
In his message on social media website X (Twitter) regarding May 9, Prime Minister Shehbaz Sharif said that May 9 is not just the blackest day in history, May 9 is the day to sacrifice politics for the state and the state for politics. It is a day that separates the two thoughts that attack.
The Prime Minister said that on one hand, there are the great sons of the nation, their great families, patriotic people who shed blood for the motherland, on the other hand, there are those who are burning in the fire of hatred, who have no pain in the heart of the state interests.
The interests of the enemies of the country have been fulfilled by the violent events of May 9, President of Pakistan
A resolution was submitted in the Punjab Assembly regarding the May 9 tragedy
Shahbaz Sharif said that he has no respect for national monuments, state institutions, constitution, law, one year has passed but the nation and Pakistan have not forgotten their criminals and will not forget them.
Why didn’t the cases of May 9 come to a logical end? Atta Tarar’s question to the judiciary
He further said that the promise is to the holy land, the great martyrs, their heirs, May 9 never once more, we have to move forward and progress, we have to give a bright future to our coming generations.
#nation #Pakistan #forgotten #criminals #forget #Prime #Minister #Pakistan
2024-05-10 17:45:44
Pakistan Tehreek-e-Insaf (PTI) expelled its party leader Sher Afzal Marwat from political committee and WhatsApp group.
PTI leader and Member of National Assembly Sher Afzal Marwat has become expensive for making a statement once morest the party leaders.
According to the sources, the leadership of Pakistan Tehreek-e-Insaf reacted to Sher Afzal Marwat’s statements and expelled him from the political committee.
Sher Afzal Marwat has also been removed from the political committee’s WhatsApp group while the party has decided to completely sideline him.
Sher Afzal went to Baphar: ‘The agenda on which it was started has ended today’
Sources say that Founder Chairman Imran Khan is afraid of Sher Afzal Marwat due to unnecessary statements and behavior and he refused to meet in Adiala Jail yesterday and today.
Sources say that the party leaders suggested to the founder Tehreek-e-Insaf to remove Sher Afzal Marwat from the political committee and the core committee.
The government is deliberately violating an Act of Parliament by not seeking the approval of the Federal Cabinet for the Budget Strategy Paper 2024 pending the approval of the fiscal policy by the International Monetary Fund (IMF).
The Tribune reports that the decision shows that the finance ministry has prioritized the IMF bureaucracy over the elected representatives of the people, who sit in the federal cabinet and the standing committees on finance of the National Assembly and Senate.
Sources in the finance ministry said the government has put on hold the plan to get approval for the budget strategy paper till May 10.
According to the Act, the federal government has to approve the budget strategy paper containing fiscal and monetary projections for the medium term by May 10 every year.
Sources revealed that the decision to postpone the presentation of the budget strategy paper in the federal cabinet has been taken due to the upcoming visit of the IMF. He said that without the approval of the IMF, the figures approved by the Cabinet would not have any significance.
A finance ministry spokesperson did not respond to a query on whether the cabinet’s approval would be sought before May 10 or wait until the end of the IMF mission.
Sources in the Ministry of Finance revealed that the Ministry has drafted the Budget Strategy Paper, which will first be shared with the IMF for review.
#Government #shying #budget #approval #IMF #delegation #agrees #Pakistan
2024-05-10 04:35:45