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ISLAMABAD:Pakistan is considering seeking moratorium on its foreign debt payments to multilateral creditors, as $2.3 billion external debt will mature in the next three months, excluding repayments of commercial and some Chinese loans.The huge payments in the last quarter are likely to further stretch the official foreign currency reserves that have come under pressure due to
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orange dunks wal of $1.9 billion hot foreign money and anticipated hit on remittances and exports related inflows in the aftermath of COVID-19 pandemic.The Ministry of Finance has been working out the modalities to seek a freeze on interest and principal amounts repayments to multilateral creditors, highly placed sources told The Express Tribune on Wednesday. The Ministry of Finance and Economic Affairs Division are working on the proposal
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LAHORE:Lahore Deputy Commissioner (DC) has refused to allow Pakistan Tahreek-e-Insaf (PTI) to hold a public gathering at Minar-e-Pakistan on April 29, 2018.The DC office, through its letter dated April 16, 2018, informed the PTI leadership that Greater Iqbal Park is a part of national heritage and the Cabinet Committee on Law and order has already ordered
nike force a halt to all types of political or religious gatherings to ensure safety and security of such sites.The DC office advised the opposition party to hold its public gathering at Nasir Bagh, a place notified for holding all kinds of rallies and processions.Meanwhile, PTI Central Punjab President Abdul Aleem Khan, MPA Shoaib Siddiqui, Jamshed Iqbal Cheema, Aajasam Shar
nike airforce mujer eef, Ejaz Diyaal, Hafiz Farhat Abbass, Khalid Gujar, Furrukh Javed Moon and other party leaders and workers visited Minar-e-Pakistan to chalk out the public gathering plan. They weighed different p
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