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The IMF predicted a deceleration in Pakistan’s GDP growth due to anticipated inflationary increases.
The International Monetary Fund (IMF) predicted diminished economic growth and escalating inflation in Pakistan in its most recent report.
The IMF research indicates that Pakistan’s GDP growth is projected to be 3.6 percent this year, thereafter declining to 3.5 percent next year. The administration has established a GDP growth objective of 4.2 percent for the current fiscal year.
The survey indicated that average inflation is anticipated to be 7.2 percent this year and may increase to 8.4 percent next year, although overall inflation is expected to continue at 11.5 percent for the current year.
The IMF projected that the budget deficit may rise from 3.2 percent to 3.4 percent. Unemployment is projected to persist at 6.9 percent this year before decreasing to 6.5 percent next year.
The research indicates that the primary balance is expected to continue at 2.5 percent this year and may decrease to 2 percent next year.
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Mohsin Naqvi assesses the status of the initiative to upgrade Islamabad Safe City.
Mohsin Naqvi, the Federal Interior Minister, visited the Safe City Headquarters to assess the status of the initiative to turn Islamabad Safe City into a Capital Smart City.
The interior minister visited and examined the Safe City Headquarters’ upgrades and renovations. Additionally, he received an update on the development of a contemporary control room and a Fusion Center.
Mohsin Naqvi gave authorities instructions to finish Safe City Phase-II within the allotted time and to equip the control center with contemporary technology.
He stated that in order to increase efficiency and cooperation, the Safe City system would bring all pertinent organizations onto a single platform.
The interior minister added that the project would prove to be an important milestone in providing a safe and peaceful environment to the citizens of Islamabad.
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During rallies in Badakhshan, the Taliban opened fire, killing two people.
Reports of the use of force against defenseless civilians and fights over control of local resources have led to an increase in criticism of the Taliban administration in Afghanistan.
Taliban forces and locals in Badakhshan province’s Argo district are still at odds over resource control, according to Afghan journal Afghan International.
According to the report, amid the confrontations, Taliban fighters allegedly opened direct fire, killing two civilians. Afghan International voiced concerns that as the protests worsen, the death toll may increase much further.
Due to suspected militant ties, the Taliban regime is isolated globally.
Additionally, the report stated that in an effort to hide alleged abuses during the uprising, the Taliban administration blocked cellphone services in Badakhshan.
According to experts, the Taliban’s killing of civilians has sparked worries about Afghan people’ safety and security under the current government.
Additionally, analysts claimed that Taliban officials are using extortion and seizures to expand illicit drug-related enterprises under the guise of anti-drug operations.
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Pakistan’s diplomatic credibility was improved by Marka-e-Haq: Rizwan Saeed
Following the success of Marka-e-Haq, Pakistan’s international status and diplomatic credibility have greatly increased, according to Rizwan Saeed Sheikh, Pakistan’s ambassador to the United States.
In a special interview commemorating a year since Marka-e-Haq, the ambassador stated that Pakistan’s defense, diplomatic, and political strategies have made it a significant contributor to regional stability.
He claimed that whereas India reportedly made unfounded claims and participated in illegal activities, Pakistan promptly demanded a probe following the Pahalgam incident. He emphasized that Pakistan had cautioned against any adventurism in an area with nuclear weapons on several occasions.
Despite aggressiveness, Pakistan showed political, diplomatic, and military maturity, which raised its standing internationally, according to Rizwan Saeed Sheikh. He went on to say that although Pakistan spends far less on defense than India, its true power is found in its defense capabilities, commitment as a nation, and unity among its citizens.
He said that the efforts of former US President Donald Trump and his team were recognized worldwide and commended them for their contribution in advancing peace. He claimed that during Marka-e-Haq, Pakistan demonstrated its position on wisdom and facts, thus enhancing its reputation abroad.
To commemorate the anniversary of Marka-e-Haq, top civic and military leaders assemble at Pakistan Monument.
The envoy claimed that flaws in the Indian narrative had become apparent globally in the era of social media and global media. He continued by saying that while the world is still awaiting proof, Pakistan is still demanding evidence on the Pahalgam and Pulwama tragedies.
He claimed that using water as a weapon would be against international law and that the Indus Waters Treaty contains no provision permitting its suspension. He issued a warning that if Pakistan’s water or sovereignty are in danger, it will completely implement its right to self-defense.
He added that although Pakistan is still one of the nations most impacted by terrorism, its contribution to world peace is increasingly recognized, particularly among the Pakistani diaspora in the US, according to the Global Terrorism Index.
The idea of “Bunyan-un-Marsoos” won’t be fully realized until Pakistan’s economy is as powerful as its defense, according to Rizwan Saeed Sheikh. He exhorted Pakistanis living abroad to use unity and patriotism to support the growth of their country.
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