After listening to the arguments from both sides, the court reserved its judgment. Subsequently, the court approved a 4-day physical remand for Shah Mahmood Qureshi and handed him over to the custody of the FIA authorities. The court also ordered Shah Mahmood Qureshi to appear in court again on August 25th.
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In July 2023, Pakistan’s debt increased by $2.8 billion
Pakistan had also received a $100 million facility from Saudi Arabia for oil supply. These various loans presented an opportunity for Islamabad to bolster the State Bank’s reserves. The IMF program imposes a cap on overall guarantees, with a stipulation for the government to keep the limit below $3 billion under the SBP program.
Bills dispute, President Alvi returned the services of his secretary Waqar Ahmed
In addition, he states that the Official Secrets Act Amendment Bill was received by the Presidential House on August 8, after the office hours, and the same was dispatched to the President on August 9. He underscores that the President is fully aware of the details of both bills and his readiness to testify under oath.
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