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COAS contacts UAE, Saudi Arabia over Pakistan-IMF deal  

COAS contacts officials in UAE and Saudi Arabia over Pakistan-IMF deal  

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COAS contacts UAE, Saudi Arabia over Pakistan-IMF deal  
GNN Media: Representational Photo

Islamabad: Chief of Army Staff (COAS) General Qamar Javed Bajwa has contacted authorities in Saudi Arabia and United Arab Emirates (UAE) and discussed stalled International Monetary Fund (IMF) deal with Pakistan, GNN reported Friday.   

It is pertinent to mention here that the army chief reached out to Washington to request help in securing an early loan dispersal from the International Monetary Fund, as dwindling foreign reserves spark a scramble in the country to avoid a default.

The chief of Pakistan's influential army, spoke by phone with U.S. Deputy Secretary of State Wendy Sherman in a highly unusual move earlier this week.

The sources, Bajwa made an appeal to the White House and Treasury Department to push the IMF to immediately supply nearly $1.2 billion that Pakistan is due to receive under a resumed loan program. 

 

Technology

Earth to witness last supermoon of the year today

This will be the fourth supermoon in a row, and the last one of 2022.

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Earth to witness last supermoon of the year today

The last Supermoon of 2022 is set to appear tonight. 

As summer slips into autumn and nights begin to grow longer, the final supermoon of the year will make a big splash Thursday (Aug. 11).

Supermoons occur when a full moon is within 90 percent of perige or the point where the moon is closest to Earth in its orbit. This celestial phenomenon causes the moon to appear bigger and brighter than usual.

Scientifically, supermoons radiate around 30% more light on Earth than usual. However, there are only 3-4 supermoons in a year! 

The full moon of August, known as the Surgeon Moon, will occur on Thursday (Aug. 11) at approximately 9:36 p.m. EDT and 6:36 p.m. PDT (Friday at 0136 GMT). The supermoon will peak around 01:36 am GMT at night. It will occur when the moon is within 90% of its closest approach to Earth, making it a "supermoon" according to Fred Espanak, an eclipse expert and retired NASA astrophysicist. 

We have already witnessed three supermoons this year, in May, June, and July. 

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Pakistan

Pakistan, Denmark sign inter-governmental framework agreement

Interest-free loans will be extended for renewable energy, energy efficiency, and water supply and waste-water treatment sectors

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Pakistan, Denmark sign inter-governmental framework agreement

Islamabad: Minister for Economic Affairs Sardar Ayaz Sadiq has said that Pakistan and Denmark enjoy a friendly and cordial relationship, and there is a lot of potentials to enhance the relationship between both nations.

He was talking to Danish Ambassador, Lis Rosenholm in Islamabad after the signing of an inter-governmental framework agreement to enhance financial cooperation in the energy and water sector.

Under the agreement, interest-free loans will be extended for renewable energy, energy efficiency, and water supply and waste-water treatment sectors.

Sardar Ayaz Sadiq told the ambassador that efforts to revive bilateral economic and development cooperation are underway with Denmark, agreeing to provide budget support to the Government of Pakistan through Inter-Governmental Framework Agreement.  

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Pakistan

PM emphasizes sustained high-level Pak-EU exchanges for stronger partnership

"Pakistan attached high importance to its relations with the EU as well as its historically close and cooperative bilateral ties with EU member states"

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PM emphasizes sustained high-level Pak-EU exchanges for stronger partnership

Islamabad: Prime Minister Shehbaz Sharif on Thursday said the sustained high-level exchanges between Pakistan and the European Union was vital to further strengthen the growing partnership.

The prime minister, in a meeting with the newly appointed Ambassador of the European Union to Pakistan Dr. Riina Kionka who called on him here, said that Pakistan attached high importance to its relations with the EU as well as its historically close and cooperative bilateral ties with EU member states.

Recalling his recent telephone conversations with the EU Council President Charles Michel and the President of the European Commission Ursula von der Leyen, the prime minister expressed confidence that the upcoming visits to Pakistan by the EU Parliamentary delegations as well as the next rounds of political and security dialogues under EU-Pakistan Strategic Engagement Plan would pave the way for more substantive cooperation between the two sides.

He credited the current GSP Plus scheme with enhancing the mutually beneficial trading ties between Pakistan and EU and hoped that Pakistan would continue to be part of the arrangement beyond 2023.

Noting the 60th anniversary of Pakistan-EU relations this year, the prime minister stressed that this milestone should be commemorated by both sides in a fitting manner. 

Prime Minister Shehbaz Sharif stressed the importance of a peaceful and stable Afghanistan. He also highlighted the unprecedented level of cooperation that Pakistan had extended to the international community in regard to Afghanistan, especially since the developments of August last year.

Dr. Riina Kionka thanked the prime minister for receiving her and expressed her resolve to work for further deepening of EU-Pakistan relations during her tenure in Islamabad.

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