1pm Top News on 24Digital
♦ Pakistan, IMF reach agreement on $3bn Stand-By-Arrangement: Agreement subject to approval by Fund’s Executive Board, which is likely to consider this request by mid-July: New SBA will support efforts to stabilize economy from recent external shocks, preserve macroeconomic stability and provide a framework for financing from multilateral and bilateral partners:
♦ IMF says steadfast policy implementation key for Pakistan to overcome its current challenges through greater fiscal discipline, a market determined exchange rate to absorb external pressures, and further progress on reforms, particularly in energy sector, to promote climate resilience, and to help improve business climate
♦ PM hopes Stand-By Agreement with IMF to help Pakistan achieve economic stability: Appreciates efforts of Finance Minister Ishaq Dar, and expresses gratitude to Fund’s MD Kristalina Georgieva for her cooperation and collaboration for the deal
♦ A Pakistani delegation comprising President Arif Alvi, Punjab caretaker Chief Minister Mohsin Naqvi and others call on Saudi Crown Prince Mohammed bin Salman (MBS) in Mina: They congratulate him on excellent arrangements for Hajj
♦ PTI candidate Ameer Hamza Rath from Arifwala leaves party over May 9 incidents
♦ Four youngsters found lying dead in car in Gujranwala
♦ Three dead in Pir Mahal road accident
♦ Three dead in Karachi’s Baldia Town firing
♦ Hundreds arrested as fresh protests over teen's killing rock France
♦ US Supreme Court bans race-based university admission
♦ UN General Assembly creates body to probe fate of Syria's missing