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Pakistan needs to share narrative with world: Moeed

Pakistan needs to share narrative with world: Moeed

Pakistan needs to share narrative with world: Moeed
PML-N fails to provide evidence of donations to ECP

PML-N fails to provide evidence of donations to ECP

PML-N fails to provide evidence of donations to ECP
Dengue deaths this year more than double of 2019 tally

Dengue virus soars, crosses 27,000 cases in Pakistan

Dengue virus soars, crosses 27,000 cases in Pakistan
TLP protestors wait for the leader’s instruction in Wazirabad

Protest of banned outfit enters seventh day; Punjab Rangers deployed to maintain law and...

Protest of banned outfit enters seventh day; Punjab Rangers deployed to maintain law and order
Deputy Secretary-General youth parliament

MoFA released anthem on Kashmir black day with the collaboration of YPP

Islamabad: Anthem "Haan Main Kashmir Hoon" released by Ministry of foreign affairs in Collaboration with Youth Parliament of Pakistan.
TLP protestors wait for the leader’s instruction in Wazirabad

TLP protesters resume March towards Islamabad

TLP protesters resume March towards Islamabad
Gold prices shoot high all-time in Pakistan

Gold prices shoot high all-time in Pakistan

Gold prices shoot high all-time in Pakistan
Drama on PTV Sports as Shoaib Akhtar resigns on air, walks off 'Game on Hai'

Drama on PTV Sports as Shoaib Akhtar resigns on air, walks off ‘Game on...

Drama on PTV Sports as Shoaib Akhtar resigns on air, walks off 'Game on Hai'
Pakistan receives $3bn in funds from Saudi Arabia The State Bank of Pakistan on Saturday received a much-awaited $3 billion deposit from Saudi Fund for Development, reports Geo. Taking to official Twitter handle, Adviser to Prime Minister on Finance and Revenue Shaukat Tarin announced: “Good news, $3 billion Saudi deposit received by SBP.” The PM's aide acknowledged the support provided by Saudi Arabia and wrote: “I want to thank Crown Prince Mohammed Bin Salman and Kingdom of Saudi Arabia for the kind gesture.” On November 29, the central bank of Pakistan and the Saudi Fund for Development signed a deposit agreement for funds worth $3 billion. According to a joint statement, under this deposit agreement, SFD shall park $3 billion in the SBP. “The deposit amount under the agreement shall become part of SBP’s foreign exchange reserves,” it had said. The central bank had stated that the deposit would help support Pakistan’s foreign currency reserves and “contribute towards resolving the adverse effects of the COVID-19 pandemic.” The deposit agreement was signed by SFD Chief Executive Officer H E Sultan Bin AbdulRahman Al-Marshad and the SBP Governor Dr Reza Baqir at the State Bank of Pakistan in Karachi. On October 27, the Saudi Fund for Development agreed to deposit $3 billion in the SBP to help support its foreign reserves. The fund had stated that an official directive was issued to supply $1.2 billion to finance Pakistan’s oil products trade during the year. Saudi Arabia will charge around 3.2 to 3.5% markup on annual basis for this deposit amount. According to the central bank, Pakistan’s total liquid foreign reserves stood at $22.498.8 billion on November 26, 2021. The break-up of the figures shows that foreign reserves held by the SBP were standing at $16.010.3 billion and net foreign reserves held by commercial banks were standing at $6.488.5 billion. During the week ended on November 26, 2021, the SBP's reserves decreased by $244 million or 1.5%.

Saudi to deposit $3 billion in State Bank to boost Pakistan’s forex reserves

Saudi to deposit $3 billion in State Bank
YPP presented Human Rights-Based Documentary, anthem “Haan Main Kashmir Hoon” to be released by MoFA on Kashmir Black Day

YPP presented Human Rights-Based Documentary, anthem “Haan Main Kashmir Hoon” to be released by...

YPP presented Human Rights-Based Documentary, anthem “Haan Main Kashmir Hoon” to be released by MoFA on Kashmir Black Day
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