Islamabad: The officials of International Monetary Fund (IMF) said that Pakistan's economy is on the way to improvement after the Standby Arrangement (SBA) Agreement.

IMF officials stated in a press conference on the economic situation in the Middle East and Central Asia that the final review of the SBA has been completed and will now be presented to the board for approval.

Officials added that Pakistan will be helped to overcome severe economic imbalances. The IMF program will help to maintain the country's economic stability, macroeconomic stability and reduce the level of budget deficit.

He continued to say that the work should continue to strengthen the fiscal situation by improving the revenue situation, the increase in revenue will allow the government to deal with the debt situation.

Officials further said that while the IMF's social assistance program could be improved, more work was needed to reform the energy sector.

He further stated that the IMF is ready to provide assistance to Pakistan whenever Pakistan demands. Pakistan's bilateral partners are also looking forward to the program to provide additional financial assistance to Pakistan.

Rawalpindi: Former federal minister Fawad Chaudhry has granted bail in 14 cases of May 9.

According to the details, In Rawalpindi's special anti-terrorism court, a hearing was held on Fawad Chaudhary's interim bail plea in 14 cases of the May 9. 

Judge Malik Ijaz Asif heard the plea of Fawad Chaudhary as he appeared in the court along with lawyer Faisal Chaudhary.

The court approved the interim bail on person’s guarantee in all cases and barred the police from apprehending Fawad in all cases.

Later then the court issued the notice to all concerned stations and summoned record of cases on April 30.

Islamabad: The spokesperson of Foreign Office, Mumtaz Zahra Baloch Friday said during the weekly briefing that they are reviewing the media reports of Israeli aggression against Iran and the situation in the region.

According to the press release issued by the Foreign Office, the Spokesperson of the Foreign Office stated that while reacting to the recent attack by Israel, the reports of Israel's aggression against Iran are being reviewed.

It is pertinent to note that a few days after Iran launched a drone attack on Israel in response to Israel's attack on the Iranian embassy in Syria on April 13, today (April 19), the Zionist army took action again in Isfahan province of Iran. However, Iran denied these missile attacks, after which the risk of increasing tension in the Middle East has increased.

Talking about the recent visit of the Saudi Arabian delegation to Pakistan, she stated that the visit to Pakistan was very successful. It became possible after the visit of the Prime Minister to Saudi Arabia.

She added that Saudi Arabia was determined to work on industry, water resources and other sectors in Pakistan.

The spokesperson of Foreign Office continued to say that the Foreign Ministers of both countries agreed on a ceasefire in Gaza. The Prime Minister had an important meeting with Prince Mohammed bin Salman during his visit to Saudi Arabia.