Tag: Pakistan

IMF adulates Pakistan’s business-friendly measures

The International Monetary Fund (IMF) has said that business climate can be improved by improving responsibility framework, upgrading institutional coordination and improving common help and proficient and serious climate. In a report named ‘Monetary Governance Reforms to Support Inclusive Growth’, the IMF has expressed that …

PAEC Develops Pakistan’s First ICU Ventilator

Living up to the nation’s expectations amid third wave of the Covid-19 pandemic, the Pakistan Atomic Energy Commission (PAEC) announced to have indigenously developed its own intensive care unit (ICU) ventilator named “i-LIVE”. DRAP-approved ventilator successfully passes all stages of engineering evaluation and medical validation …

Pakistan gets $367 Million Debt Relief from Japan

Tokyo and Islamabad agreed on debt deferral amounting to Japanese yen 40 billion (approximately $370 million) for making fiscal space to fight against Covid-19 in Pakistan. Noor Ahmed, Secretary, Economic Affairs Division, and Kuninori Matsuda, Ambassador of Japan to Pakistan signed these agreements. The signing …