Pakistan secures $800m ADB support for fiscal reforms

An image of the Asia Development Bank’s logo. — Reuters/File KARACHI: The Asian Development Bank (ADB) has approved an $800 million financing package to help Pakistan strengthen fiscal sustainability and public financial management amid growing debt and reform challenges. The package comprises a $300 million policy-based loan and ADB’s first-ever policy-based guarantee of up to…

PSX rises amid expectations of fiscal discipline, IMF support

Broker is busy in trading at Pakistan Stock Exchange in Karachi on Wednesday, January 1, 2025. — PPI Investor sentiment lifted the equity market on Thursday, posting strong gains amid optimism over upcoming budget measures and adherence to (International Monetary Fund’s (IMF) fiscal benchmarks. “There is overall optimism on IMF’s dollar being transferred, budget to…

Selena Gomez shows support for Hailey Bieber after Justin Bieber’s apology

Selena Gomez shows support to ex-boyfriend Justin Bieber’s wife Hailey Selena Gomez just sent a quiet but clear message of support to Hailey Bieber. As reported by Us Weekly, the singer-actress liked a May 20 Instagram post from Hailey’s Rhode Skin brand announcing its upcoming launch in Sephora stores. That same day, the Only Murders…

Queen Camilla’s support is helping her niece fight through tough times

Queen Camilla’s niece Ayesha Shand praises aunt’s support Queen Camilla’s niece, Ayesha Shand, has spoken about the unwavering support she has received from the Queen during her ongoing struggle with endometriosis. The 30-year-old marketing executive opened up about her health journey while attending the 13th Annual Endometriosis Foundation of America’s Blossom Ball at The Pierre…