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Pakistan Reaches $1.2 Billion IMF Staff-Level Agreement to Stabilize Economy

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ISLAMABAD:
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement that will unlock a $1.2 billion disbursement to help the country stabilize its struggling economy.

Pakistan ,IMF ,deal ,2025, Pakistan economic, recovery, IMF loan Pakistan, Pakistan, finance, ministry news

According to the IMF statement, the deal includes $1 billion under the Extended Fund Facility (EFF) and $200 million under the Resilience and Sustainability Facility (RSF). The IMF praised Pakistan’s fiscal discipline, saying inflation and the fiscal deficit have improved since July.

Finance Minister Muhammad Aurangzeb said that the agreement would “restore investor confidence and strengthen the rupee.” Pakistan plans to issue an international bond worth $1 billion early next year, followed by a green yuan-denominated bond to attract Chinese investors.

Analysts say this agreement signals improved trust between Islamabad and the IMF, though challenges remain due to inflationary pressures and slow exports.

Humanitarian crisis deepens in Gaza despite ceasefire

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Even as cease-fire holds, Gaza faces severe humanitarian crisis

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Despite a cease-fire in the Gaza Strip, the humanitarian situation remains dire, with civilians trapped in extreme conditions of hunger, water scarcity, and destruction of infrastructure.

The International Court of Justice criticised Israel for failing to ensure basic needs of the population under occupation, and aid agencies warn the amount of emergency supplies entering the territory falls far short of what’s needed. The Guardian


Local relief workers describe collapsed civil systems, mounting trauma among children, and deeply disrupted urban spaces under rubble.

Although there is some movement of assistance, logistical bottlenecks, security threats and destroyed supply chains hamper effective distribution.

While the cease-fire may reduce large-scale hostilities, the absence of a restoration strategy means long-term stabilisation remains uncertain.


Global bodies are calling for enhanced coordination, immediate rebuilding of infrastructure (water, sanitation, hospitals) and guaranteeing safe access for aid. For regional stability and humanity’s sake, the world is watching closely.

Trump sets sights on Xi, Russia oil talks ahead of Asia trip

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Trump signals trade and security deal with Xi Jinping, targets Russian oil imports


US President and current influential political figure Donald Trump has announced his intention to strike a major trade and security accord with Chinese President Xi Jinping during their upcoming meeting in South Korea. Key in his agenda is China’s import of Russian oil—a subject that has drawn sharp scrutiny from Washington—and the revival of US soybean exports to China


Trump indicated that Russia and China could be brought into broader nuclear-arms talks, with fresh negotiations on the horizon. His diplomatic trajectory signals a recalibration of US strategy: balancing economic leverage, energy security and geopolitical alliances.


Observers note that if China curtails its Russian oil imports as part of a deal, this could reshape energy markets, challenge Russia’s war-economy, and shift the dynamics of Sino-US relations. The timing—amid wide-ranging global shifts—adds weight to the coming face-to-face encounter.

Pakistan collapse leaves South Africa 68-run target in Rawalpindi Test

Pakistan collapse

RAWALPINDI: Pakistan’s batting lineup faltered once again in the Rawalpindi Test, setting South Africa a modest target of just 68 runs after a disappointing second innings performance on the fourth day of play.

Resuming their second innings with a 71-run deficit, Pakistan struggled from the outset as wickets tumbled rapidly in the morning session. Key batters Imam-ul-Haq (9), captain Shan Masood (0), Abdullah Shafique (6), and Saud Shakeel (11) all failed to make an impact, leaving the hosts in deep trouble.

Earlier, Pakistan had scored 333 runs in their first innings, while the visitors replied strongly with 404, thanks to valuable lower-order partnerships.

South Africa’s tail-enders delivered a remarkable performance — Keshav Maharaj and Senuran Muthusamy added 71 runs, followed by a 98-run stand between Muthusamy and Kagiso Rabada.

Later, Marco Jansen contributed 25 runs, while Tristan Stubbs and Tony de Zorzi combined for another 113-run partnership. The final three wickets collectively added 194 runs, giving South Africa a crucial first-innings lead.

For Pakistan, Asif Afridi was the standout bowler with six wickets, while Nauman Ali claimed two, and Shaheen Afridi and Sajid Khan picked up one wicket each.

PCB orders review of women’s cricket team after poor World Cup showing

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Pakistan Cricket Board orders review of women’s team performance at World Cup

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Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi has instructed an advisory panel to conduct a comprehensive review of the national women’s cricket team’s recent performance at the World Cup, following a disappointing campaign.


The team’s under-whelming results have raised questions about preparation, talent pipeline, coaching standards and overall strategy. In response, PCB leadership emphasised accountability, promising prompt action and reforms where necessary.

The review is expected to examine the domestic development structure, player welfare, and international exposure among other metrics.


For Pakistan, women’s cricket is increasingly under the spotlight—calls for equal investment, improved infrastructure and better global competitiveness are growing louder.

The outcome of this review may shape the future trajectory of the women’s game in the country.

Louvre Museum Robbed: $102 Million Jewels Stolen

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In one of the boldest heists in recent memory, thieves stole $102 million worth of royal jewels from the Louvre Museum in Paris.


According to French police, the robbers entered through a staff-only corridor during maintenance hours and escaped within minutes before alarms were triggered.


Authorities are investigating possible inside assistance as security footage revealed lapses in the museum’s surveillance system.

Louvre Museum heist, Paris robbery, art theft, French police, stolen jewels, global crime news


The stolen items included rare diamonds and emerald-studded crowns from the 18th century. The Louvre remains partially closed as forensic teams investigate.

EU Approves New Sanctions on Russia Over Ukraine War

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The European Union has agreed on a new round of sanctions against Russia, targeting the country’s energy, banking, and technology sectors in response to its ongoing invasion of Ukraine.

The 15th sanctions package includes tighter restrictions on oil exports, import bans on key Russian goods, and measures against individuals supporting Moscow’s war effort.


EU leaders said the new sanctions aim to further weaken Russia’s ability to fund its military operations. Moscow called the move “hostile” and vowed retaliatory measures.


Analysts say these sanctions will have significant implications for global energy markets and EU member states dependent on Russian imports.

Medical Students Announce Nationwide Protest Over MDCAT Results

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Thousands of Pakistani medical students are planning protests across the country after the announcement of the MDCAT 2025 results sparked widespread allegations of unfair marking and mismanagement.


Students claim the test, conducted by the Pakistan Medical and Dental Council (PMDC), was marred by errors in grading and lack of transparency.


Several student associations have demanded an independent audit of the results and a uniform passing policy across provinces. PMDC officials said they are reviewing complaints and will take appropriate action if irregularities are proven.


The MDCAT controversy has reignited debate over the fairness of medical entrance exams and the pressure students face due to inconsistent standards.

Polish Foreign Minister begins two-day official visit to Pakistan

Polish Foreign Minister

ISLAMABAD: Polish Deputy Prime Minister and Foreign Minister Radosław Sikorski has arrived in Pakistan for a two-day official visit, aimed at strengthening bilateral relations and enhancing political and economic cooperation between the two countries.

He was received at the airport by Additional Foreign Secretary Khalid Jamali upon arrival.

During his stay, the Polish Deputy Prime Minister is scheduled to hold meetings with senior Pakistani officials to discuss bilateral relations, regional developments, and international issues of mutual interest.

According to diplomatic sources, the visit is being undertaken at the invitation of Pakistan’s Foreign Minister Ishaq Dar and aims to strengthen political, economic, and security cooperation between the two countries.

Six Militants Killed in Balochistan Operation

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Pakistani security forces killed six suspected militants in a targeted operation in Dalbandin, Balochistan, on Wednesday. The operation was launched after intelligence reports indicated the presence of a militant group in the area.


According to the Inter-Services Public Relations (ISPR), a gun battle broke out as troops closed in on the hideout. A cache of weapons and explosives was also recovered from the site.


Authorities said the militants were linked to recent attacks on security personnel and infrastructure in the region.

The operation marks another step in Pakistan’s ongoing counterterrorism campaign in Balochistan.
Security experts say the latest offensive highlights Islamabad’s continued effort to stabilize the province amid recurring insurgent activity.