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PSX is on a strong uptrend, with the KSE-100 crossing 80,000 points.

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With a notable increase of 999 points, the Pakistan Stock Exchange (PSX) began trading on Friday. This allowed the KSE-100 index to cross the 80,000-point threshold, which had been reestablished following recent economic developments.

At the beginning of Friday’s trade, the index hit 80,016 points. The anticipated completion of a deal with the International Monetary Fund (IMF), which has fueled market optimism, is primarily responsible for the optimistic trend.

The upward trend on the stock exchange was also attributed by analysts to a 2% decline in interest rates and a drop in the price of oil globally.

The stock market closed at 79,017 points at the end of the previous day’s trade.

September 25, the IMF’s Executive Board meeting is scheduled for this Thursday. It is possible that the meeting will approve Pakistan’s new loan package. During a press briefing, Julia Kozack, the Director of Communications at the IMF, verified this.

Focusing on a possible $7 billion loan package, Kozack claims that the IMF’s talks with Pakistan were effectively wrapped up in July. In the face of persistent fiscal constraints, the initiative seeks to support Pakistan’s efforts to promote economic reforms and stability.

Kozack emphasized the significance of the next meeting for the nation’s financial prospects when he said, “The IMF is expected to review and possibly approve the loan program for Pakistan during the board meeting on September 25.”

However, as SBP Governor Jameel Ahmed revealed during an analyst conference that followed the recent monetary policy pronouncement, the State Bank of Pakistan (SBP) has made plans to address the nation’s external financial imbalance.

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Enhancing Pakistan-Bahrain Collaboration: Tarar Highlights Fortifying Media Connections Between Pakistan and Bahrain

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Attaullah Tarar, the Minister of Information and Broadcasting, has underlined the importance of strengthening cooperation between Bahrain’s and Pakistan’s official media organizations.
He proposed news sharing between the Bahrain News Agency (BNA) and the associated Press of Pakistan (app) during a meeting with Bahrain’s Minister for Information, Ramadan Bin Abdullah Al-Noaimi, in Riyadh. Attaullah Tarar stated that media delegation exchanges are essential to enhancing media cooperation.
According to the information minister, Pakistan and Bahrain have very close fraternal ties that are founded on shared history, religion, and culture.
Pakistan’s economy is heading in the right direction, according to Attaullah Tarar.
Additionally, he stated that Pakistan offers great prospects for foreign investors to make investments.
According to Bahrain’s Information Minister, the country cherishes its relationship with Pakistan.
He reaffirmed Bahrain’s determination to further strengthen media cooperation.

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Mandi Bahauddin District Jail: MNA Launches Improvement Initiatives at Jail

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During his visit to District Jail Mandi Bahauddin, Member of the National Assembly Chaudhry Nasir Iqbal Bosaal officially opened a number of development projects, including the recently built jail building.
Chaudhry Nasir Iqbal Bosaal mna was welcomed at the District Jail by Superintendent Jail Haq Nawaz, Deputy Superintendent Sheikh Arif Nisar, Shahzad Aslam Jaja, and other jail staff. The Jail’s cadre saluted and presented a guard of honor.
He treated sick inmates admitted to the hospital, established other development projects, including the recently built jail facility, and toured several barracks, mills, anchorage, juvenile ward, and jail hospital.
at addition to planting a sapling at the jail as part of the tree plantation campaign, Chaudhry Nasir Iqbal Bosal MNA expressed gratitude for Superintendent Jail Haq Nawaz’s efforts and offered prayers for the nation’s growth and prosperity.

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Under the auspices of Ombudsman Punjab, an awareness seminar was held at the Government Mc High School in Nakana Sahib.

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The ombudsman Punjab Nankana Sahib Region held an awareness seminar at Government Captain Hassan Nawaz Shaheed MC High School.
The CEO of the District Education Authority, Shazia Bano, chaired the seminar. Advisor Malik Muhammad Aslam and District Education Officer Secondary Dr. Saima Zafar were among the educators, students, and education officers that attended the session.
In his speech to the seminar, Malik Muhammad Aslam stated that people are aware of their rights and that our goal is to eradicate institutional corruption and poor management.Everyone must do their share to improve institutions. The provincial ombudsman’s awareness campaign was deemed beneficial by civil society representatives, educators, and students, who said it provided them with information about the institution’s significance and what to do in the event of a complaint.Teachers and students reaffirmed their commitment to playing their part in raising public knowledge of the ombudsman.

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