One of the contributing factors to the surge is the stable performance of the interbank market, where the US dollar is being traded at its previous rate without any significant fluctuations. This stability in the currency market has provided reassurance to investors and traders, prompting increased participation in stock trading.
Author: Usama Mudassar
Islamabad High Court Rejects Appeals Against Saifur Rehman and Toshakhana Cases
It is pertinent to mention that appeals against the sentences were filed in the Islamabad High Court last week. However, due to the aforementioned issues with the records and copies, the court has rejected the appeals.
Actress Faryal Mahmood Opens Up About Personal Life and Divorce in Recent Interview
It is noteworthy that Faryal Mahmood tied the knot with actor Daniyal Raheel in May 2020, amidst the onset of the COVID-19 pandemic. However, their marriage unfortunately ended in divorce in March 2022, marking the conclusion of their brief union.
MQM Clarifies Position on Governorship Issue in Sindh
Furthermore, MQM has underscored that it has no desire to join the federal cabinet and will not engage in horse-trading like other political parties. The party’s focus remains on advocating for the rights and interests of the people of Sindh, particularly in matters concerning governance and autonomy.
Selection of Finance Minister Crucial for Future Government
If Ishaq Dar assumes the role of Finance Minister, he will have to adopt a conciliatory tone during negotiations with the IMF. He will also have to accept a more significant role for the ISI in policymaking.
PPP Spokesperson Affirms Party’s Decision Not to Join Government
He highlighted the ideological differences between PPP and PML-N, noting that the PPP manifesto will only come into effect when their party leader becomes the Prime Minister. He emphasized that there is no formula for alternating between three and two-year terms for the Prime Minister.
PML(N) and PPP to Hold Another Meeting on Government Formation in Federal
Contrary to speculations, PPP leader Qamar Zaman Kaira clarified that their party is not seeking ministries but will only extend support to the formation of a PML(N) government.
Prime Minister Absent from Islamabad High Court Hearing on Recovery of Baloch Students
Attorney General Mansoor Usman Awan, speaking to journalists outside the Islamabad High Court, stated that the Prime Minister did not appear due to official engagements.
IMF Raises Concerns Over Transparency in Development Projects
Sources also indicate that due to financial constraints, the IMF will be informed about the objectives of development projects. The Ministry of Finance and the Ministry of Planning will collaborate to fulfill the IMF’s condition for paperwork.