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Finance Ministry says positive engagement with IMF to continue in coming weeks

ISLAMABAD: Following the concluding session with the International Monetary Fund (IMF) Mission, the Finance Ministry on Tuesday said that positive engagement with the IMF will continue over the coming weeks to finalise the program with the Fund. According to the Ministry of Finance, the IMF Mission during its stay in Pakistan, held extensive talks with the key ministries of the government of Pakistan, including the Ministries of Finance, Planning, Development & Reform, and Energy and the State Bank of Pakistan.…

Saudi, Russian energy ministers agree continued oil market coordination

DUBAI: Saudi Energy Minister Khalid al-Falih discussed the oil market developments with his Russian counterpart, and both agreed to continue close coordination in the interest of producers, consumers and the global economy, according to a statement by the Saudi Energy Ministry on Tuesday. Falih spoke with Russian Energy Minister Alexander Novak on Monday and discussed the need to modify the current monitoring process accordingly and agreed to task a joint OPEC and non-OPEC committee known as the JTC with developing and…

Iran says Damascus suburbs assault to continue after UN ceasefire call

BEIRUT: Iran said attacks would continue on rebel-held areas near Damascus, where clashes were reported on Sunday between insurgents and government forces despite a UN resolution demanding a 30-day truce across Syria. Warplanes and artillery hit some towns in the eastern Ghouta enclave, said residents, rescuers, and the Syrian Observatory for Human Rights. The Observatory, a UK-based war monitoring group, said Sunday’s bombing was less intense than the attacks over the past week. Rebels said they clashed with…

Pakistan to continue taking measures to deter external aggression: FO

ISLAMABAD: Foreign Office Spokesman Dr Muhammad Faisal on Friday said Pakistan would continue to take measures to deter external aggression in accordance with its defence needs and region- specific threat spectrum. Addressing weekly news briefing in Islamabad on Friday, he said all states have legitimate right to pursue peaceful use of nuclear technology and Pakistan firmly committed to its policy of restraint in this connection, and expected the same from others. He said strategic stability in the region was a shared…

Pakistan wants to continue joint efforts with US in war on terror: Aizaz

ISLAMABAD: Pakistan Ambassador to the United States Aizaz Chaudhary has urged the US to avoid any way of clash with Pakistan regarding war on terror. “Pakistan wants to continue joint efforts with United States in war against terror,” he said in an interview on Sunday. Read More: Shehbaz Sharif decries Trump’s remarks on Pakistan He said that Pakistan had fully supported the US in war against terrorism in Afghanistan and the US was still using the western route and “this is evident that Pakistan has played its due role…

World Bank pledges to continue supporting Pakistan economic reforms

WASHINGTON: The World Bank said on Monday it would continue to support Pakistan to implement broad economic reforms and address current risks towards achieving its development aspirations. The statement was made after discussions with a Pakistan delegation that covered a range of topics including the macro-economic outlook, human capital development, renewable energy and private sector development as well as infrastructure financing. Read More: Pakistan delegation meets World Bank’s Annette Dixon, highlights economic…

Pakistan, China agree to continue efforts for peace in Afghanistan

ISLAMABAD: Pakistan and China have agreed to continue efforts for peace in Afghanistan by political and economic means. This agreement was reached during a meeting between Prime Minister's Adviser on National Security Nasser Khan Janjua and outgoing Chinese Ambassador Sun Weidong, who called on him in Islamabad on Monday. The two sides discussed matters of mutual interest pertaining to the overall security situation of the region. Both sides agreed that China-Pakistan Economic Corridor is the flagship project…

Pakistan to continue support to Kashmiris in their freedom struggle: PM

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Friday reiterated that Pakistan would continue to extend its political, moral and diplomatic support to Kashmiris in their freedom struggle. During his telephonic conversation with Azad Jammu & Kashmir Prime Minister Raja Farooq Haider Khan on Friday, he lauded the courage, commitment and determination of Kashmiri nation for achieving their internationally recognized right to self determination. Nawaz Sharif directed the Azad Kashmir government to provide best…

Qatar says World Cup plans continue ‘as normal’

DOHA: Qatar's World Cup preparations continue "as normal" and organisers remain confident that stadium construction deadlines will be met, a source close to the 2022 tournament has told AFP. Despite the country being at the centre of a diplomatic crisis which has seen Qatar cut off politically -- and economically -- from neighbouring Gulf countries, organisers were unworried, said the source. "I think, for us, it's business as usual, we have to continue as normal," said the source. "In any construction project there…