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Staff-level agreement delayed amid Middle East crisis, negotiations to continue: IMF
WorldDawn1mo ago

Staff-level agreement delayed amid Middle East crisis, negotiations to continue: IMF

ISLAMABAD: The International Monetary Fund (IMF) on Thursday confirmed that its mission could not reach a staff level agreement (SLA) on the third review of the country’s $7 billion Extended Fund Facility (EFF) and the second review of the Resilience and Sustainability Facility (RSF) despite considerable progress, and that negotiations would continue. In its ‘end of mission statement’, the IMF said its team, headed by Iva Petrova, held discussions with Pakistani authorities on the third revie...

Pakistan cities under curfew after 23 die in pro-Iran protests over Khamenei killing
PoliticsSCMP1mo ago

Pakistan cities under curfew after 23 die in pro-Iran protests over Khamenei killing

Pakistani authorities deployed troops and imposed a three-day curfew before dawn on Monday in the northern cities of Gilgit and Skardu after several people died and tens were injured in violent protests following the killing of Iran’s Supreme Leader Ayatollah Ali Khamenei in US-Israeli strikes, officials said. Thousands of Shiite demonstrators on Sunday attacked the offices of the UN Military Observer Group, which monitors the ceasefire along the disputed Himalayan region of Kashmir, and the ...