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PSX surpasses 72,000 and reaches an all-time high.

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During intraday trading, the benchmark KSE-100 index increased by 854.19 points from its previous finish of 71,359.40 points to stand at 72,213.59.

The KSE-100 index broke yet another record, according to Muhammad Sohail, CEO of Topline Securities. According to him, following a record current account surplus, consumer inflation is anticipated to decline.

This outstanding accomplishment indicates strong growth potential in the near future and demonstrates investors’ faith in the nation’s economic prospects.

On Monday, the KSE-100 index broke beyond the crucial 71,000 threshold.

The KSE-100 Index dropped 74.06 points (-0.10 percent) to close at 71,359.40 points on Tuesday, marking a turbulent session for the Pakistan Stock Exchange.

Although the market started the day on a strong up note, trading remained erratic as the index fluctuated in both directions.

The last 45 minutes saw significant selling pressure on the index as a result of profit-taking; otherwise, the session had stayed in the range.

It is important to note that Islamabad is presently expecting the transfer of $1.1 billion under the terms of the stand-by arrangement (SBA), which was signed in the final days of the coalition government led by the PDM and was in force from July 1, 2023, to March 31, 2024.

It was previously reported that Pakistan has formally requested the International Monetary Fund (IMF) to seek the next bailout package under the Extended Fund Facility (EFF), which is expected to total between USD 6 and USD 8 billion.

Pakistan has applied twice to the International Monetary Fund (IMF) for support under two different categories: additional climate funding and the extended fund facility (EFF).

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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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