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Articles for tag: Affairs, CFE, Foreign, fully, Ministry, Russia, treaty, withdraws

November 8, 2023

News Desk

Russia fully withdraws from CFE Treaty: Ministry of Foreign Affairs

This photo shows a view of the Kremlin taken on October 18, 2022 in Moscow. AFP file Russia formally withdrew from the Treaty on Conventional Armed Forces in Europe (CFE Treaty) at midnight on November 7, 2023, the country’s foreign ministry said, citing NATO expansion and the failure of the United States to ratify its adjustment condition. for his withdrawal. In a statement, the Russian Foreign Ministry said the CFE Treaty has become “obsolete” and is no longer in line with Russia’s security interests. The ministry also accused the United States of “undermining” the treaty by failing to ratify an

November 1, 2023

News Desk

The Ministry of Finance predicts an increase in economic activity and a fall in inflation

An employee works at a textile factory in the port of Karachi, Pakistan, on April 7, 2011. — AFP/File The Ministry of Finance gives a “positive picture” of the economy. The Ministry is seeking financing on favorable terms from multilateral sources. The report highlights the challenge of increased debt servicing costs. ISLAMABAD: The finance ministry has painted a “positive picture” of the economy ahead of the International Monetary Fund’s (IMF) loan program review, predicting an improvement in overall economic activity throughout the fiscal year. The finance minister predicted that overall economic activity would remain upbeat due to the recovery in

October 31, 2023

News Desk

The Ministry of Finance is ready for the upcoming review of the IMF

International Monetary Fund logo. — AFP/File The IMF team is scheduled to arrive in Islamabad on November 2. He is expected to remain in Pakistan till November 16. The real bone of contention is external funding needs. ISLAMABAD: The Ministry of Finance has started preparations for the upcoming review talks with the International Monetary Fund (IMF) expected to begin this week, it said. The news on Tuesday. According to the publication, the ministry has assessed progress on key targets, including achieving disbursement of Rs 87.5 billion in cash to beneficiaries under the Benazir Income Support Program (BISP). The IMF, under

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