4 soldiers martyred,15 terrorists killed in Panjgur and Naushki: Interior minister

Interior Minister Sheikh Rashid on Thursday has told that nine terrorists in Naushki whereas six terrorists have been killed in Panjgur.

In a statement, the minister deplored the terrorist attacks on the camp of security forces in Naushki and Panjgur and said that four security personnel have also embraced martyrdom in retaliation. We salute the brave officers over repulsing the attacks, he expressed.

Sheikh Rashid said that our security forces are well trained to foil any kind of terrorist attack.

Earlier, security forces had successfully repulsed terrorist attacks at military camps in Panjgur and Noshki districts of Balochistan, Inter-Services Public Relations (ISPR) said in a statement.

ISPR said that terrorists attempted to attack security forces camps at two locations, Panjgur and Noshki, in Balochistan late Wednesday evening. Both attacks were successfully repulsed while inflicting heavy casualties to terrorists.

The ISPR statement said that in Panjgur, terrorists tried to enter security forces camp from two locations. However, timely response by troops foiled terrorist attempt.

During intense exchange of fire one soldier has been martyred. Terrorists have fled while their casualties are being ascertained, the ISPR statement read.

“In Noshki, the terrorists attempted to enter an FC camp which was promptly responded,” it said, adding that four terrorists have been killed while one officer has been injured during the shootout, the ISPR added.

“Intermittent firing was continuing, “the statement added.

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Pakistan reports 42 more corona deaths in a day

Pakistan has reported 42 deaths in the last 24 hours by novel coronavirus as the number of positive cases has surged to 1,442,263. The nationwide tally of fatalities has jumped to 29,372 on Thursday.

According to the latest figures by the National Command and Operation Center (NCOC) 5,830 persons tested positive for COVID-19 in the past 24 hours.

Punjab remains the worst-hit province in terms of deaths followed by Sindh and Khyber Pakhtunkhwa.

Till now 13,201 individuals have lost their lives to the epidemic in Punjab, 7,849 in Sindh 6,023 in KP, 982 in Islamabad, 760 in Azad Kashmir, 368 in Balochistan, and 189 in GB.

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Pak-China relations higher than Himalayas, deeper than oceans: Fawad Chuadry

Minister for Information and Broadcasting Fawad Chaudhary has expressed the confidence that the visit of Prime Minister Imran Khan to Beijing will further expand Pakistan-China relations.

Briefing the media persons in Islamabad today (Thursday) ahead of Prime Minister Imran Khan’s visit, he said Pakistan-China relations are higher than the Himalayas and deeper than the oceans.

The Information Minister said Prime Minister Imran Khan will hold meetings with the Chinese President and the Chinese Premier. In addition, he said the Prime Minister is scheduled to meet the Chinese investors and businessmen.

He said more Chinese businessmen will come and shift their industries to Pakistan after the visit of the Prime Minister.

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Pakistan reports 42 more corona deaths in a day

Pakistan has reported 42 deaths in the last 24 hours by novel coronavirus as the number of positive cases has surged to 1,442,263. The nationwide tally of fatalities has jumped to 29,372 on Thursday.

According to the latest figures by the National Command and Operation Center (NCOC) 5,830 persons tested positive for COVID-19 in the past 24 hours.

Punjab remains the worst-hit province in terms of deaths followed by Sindh and Khyber Pakhtunkhwa.

Till now 13,201 individuals have lost their lives to the epidemic in Punjab, 7,849 in Sindh 6,023 in KP, 982 in Islamabad, 760 in Azad Kashmir, 368 in Balochistan, and 189 in GB.

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Pak-China relations higher than Himalayas, deeper than oceans: Fawad Chuadry

Minister for Information and Broadcasting Fawad Chaudhary has expressed the confidence that the visit of Prime Minister Imran Khan to Beijing will further expand Pakistan-China relations.

Briefing the media persons in Islamabad today (Thursday) ahead of Prime Minister Imran Khan’s visit, he said Pakistan-China relations are higher than the Himalayas and deeper than the oceans.

The Information Minister said Prime Minister Imran Khan will hold meetings with the Chinese President and the Chinese Premier. In addition, he said the Prime Minister is scheduled to meet the Chinese investors and businessmen.

He said more Chinese businessmen will come and shift their industries to Pakistan after the visit of the Prime Minister.

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Fakhar Zaman, bowlers help Lahore Qalandars secure 29-run win over Peshawar Zalmi

Fakhar Zaman and bowlers joined hands to help Lahore Qalandars defeat Peshawar Zalmi by 29 runs in match number nine to push their team to the second spot in the ongoing Pakistan Super League's (PSL) points table.

The Qalandars had set a 200-run target for Peshawar after Wahab Riaz opted to bowl first against Lahore.

Early in the Peshawar innings, Lahore skipper Shaheen Shah Afridi set the tone for his team by dismissing Zalmi opener Hazratullah Zazai for zero in the third ball of the innings.

The loss of the early wicket put Zalmi on the backfoot and regular wickets by Lahore never allowed Peshawar to take control of the game.

For Zalmi, Kamran Akmal and Haidar Ali made 41 and 49 runs, respectively, but the team was unable to catch up to the high required run rate.

Zaman Khan took three wickets for Lahore, while skipper Shaheen and David Weise took two wickets each. Rashid Khan took a wicket as well.

Zalmi ended their 20 overs with 170-9 helping Lahore register a 29-run victory. Peshawar would have been all out in the last over had David Weise's hattrick wicket not overturned by the review.

Earlier, Lahore openers Fakhar Zaman and Abdullah Shafique set the tone for Qalandars' batting as they took the Peshawar Zalmi bowlers to the cleaners.

Fakhar made his third successive fifty-plus scores by reaching his half-century in the 10th over. However, in the same over, Usman Qadir dismissed Shafique for 41 runs to break the opening stand.

Fakhar continued his attack on the Zalmi bowlers before being dismissed by Hussain Talat in the 13th over for 66. By the time the left-hander was dismissed he had given the platform to his team to set up a huge target for Peshawar.

In the next few overs, Kamran Ghulam, Mohammad Hafeez, and Rashid Khan’s cameo propelled Lahore to end their innings at 199-4.

For Peshawar, Salman Irshad took two wickets while Usman Qadir and Hussain Talat picked one each.

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IMF approves $1bn loan tranche for Pakistan: Shaukat Tarin

The International Monetary Fund's (IMF) Executive Board has approved the $1 billion loan tranche of their programme for Pakistan.

Taking to Twitter, Federal Minister for Finance and Revenue Shaukat Tarin confirmed.

I am pleased to announce that IMF Board has approved 6th traunche of their programme for Pakistan.

— Shaukat Tarin (@shaukat_tarin) February 2, 2022

"I am pleased to announce that IMF Board has approved 6th tranche of their programme for Pakistan," he wrote.

The IMF’s Executive Board held a meeting today in Washington DC to consider Pakistan’s request for completion of the sixth Review and release of a $1 billion tranche under the Extended Fund Facility (EFF).

In order to meet another condition of the IMF, the government had successfully managed to get the State Bank (Amendment) Bill, 2021, cleared from the Upper House of Parliament — which was the last stumbling block in reviving the stalled programme.

Following the clearance of the bill, all prior conditions of the Fund had been fulfilled by Pakistan, including the approval of the mini-budget and SBP bill.

Keeping in view the requests from Pakistan, the IMF had postponed its Executive Board meetings thrice this month.

The IMF board meeting was postponed last time from January 28 to February 2, 2022. The loan programme has been stalled since April 2021, hence, the sixth review will be completed after nine months.

Meanwhile, the next review (seventh) under the $6 billion EFF programme will be due in April 2022. The last and final eighth review is expected to be done in September 2022.

$6 billion deal with IMF

In May 2019, Pakistan and the IMF reached a staff-level agreement on economic policies for a three-year Extended Fund Facility (EFF).

Under the agreement, Pakistan was to receive about US$6 billion for a period of 39 months.

Islamabad had accepted the IMF’s conditions to reduce the primary deficit to 0.6%, granting more operational autonomy to the SBP, placing a flexible exchange rate and further tightening the monetary policy and hiking electricity tariff.

In its official announcement, the IMF had stated that "decisive policies" and reforms together with significant external financing were necessary to reduce vulnerabilities faster, increase confidence, and put the economy back on a sustainable growth path, with stronger private sector activity and job creation.

“Financing support from Pakistan’s international partners will be critical to support the authorities’ adjustment efforts and ensure that the medium-term programme objectives can be achieved,” the IMF had stated.

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