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January 30, 2025

The Pakistan Daily

BlogFeaturedNewsPakistan

The Role of International Financial Institutions in Addressing Global Poverty

Introduction: International Financial Institutions (IFIs) such as the International Monetary Fund (IMF), the World Bank, and regional development banks have played crucial roles in the global economic landscape for decades. Their primary mission has been to support economic stability, growth, and poverty reduction worldwide. Despite this noble mission, the effectiveness of these institutions in addressing global poverty remains a topic of ongoing debate. In this blog, we’ll explore how IFIs function, their impact on developing nations, and the criticisms they face in their attempts to address the challenges of poverty. The Purpose of IFIs: The IMF and the World Bank

January 25, 2025

Raja Furqan Ahmed

FeaturedNewsPakistan

Malik Riaz will be extradited back to Pakistan, says journalist Hamza Azhar Salam

LAHORE: Renowned investigative journalist and editor of The Pakistan Daily, Hamza Azhar Salam, has asserted that property tycoon Malik Riaz will be extradited to Pakistan to face justice. Speaking at a press conference, Salam emphasized the importance of upholding the rule of law, stating, “No matter how powerful someone is, they must be held accountable.” He noted that previous governments had remained silent on Malik Riaz’s alleged misconduct, underscoring the need for accountability. “Our duty is to speak the truth, and we bow only before Allah, not before Malik Riaz,” Salam remarked, reiterating the journalist’s commitment to uncovering corruption and