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Afghanistan Earthquake Tragedy: Hearts Heavy as Region Mourns

A devastating earthquake has shaken eastern Afghanistan, leaving our neighboring nation in profound grief and desperate need of rescue operations. The catastrophic tremors have claimed at least 1,400 precious lives and left over 3,000 people injured across the affected regions. Families have been torn apart, communities destroyed, and countless survivors remain trapped beneath the rubble, fighting for their lives as rescue teams race against time. International Response In response to this humanitarian crisis, the United Arab Emirates has mobilized comprehensive relief efforts under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. UAE Search and Rescue teams, alongside units from the Joint Operations Command, have been deployed to coordinate with local Afghan authorities. The UAE mission includes conducting crucial field assessments to determine proper response strategies, providing logistical support to affected areas, and executing rescue operations to ext...
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IMF Board Approves Pakistan’s First Review, Allows Immediate Disbursement Of $700m


 

The International Monetary Fund (IMF) has finished reviewing Pakistan’s economic reform program and approved the release of $700 million. This brings the total disbursed under the $3 billion Stand-By Arrangement (SBA) to $1.9 billion. 

The funding is expected to stabilize the Pakistani rupee and help in managing external debt. The program, set to conclude in April, aims to support Pakistan’s economic stabilization. 

Despite high inflation, Pakistan is likely to enter a new agreement with the IMF for continued support, highlighting the country’s historical reliance on IMF assistance with 24 arrangements since 1950.

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