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Posts tagged as “raising”

IMF approves Sri Lanka’s $2.9bn bailout

Report in The Guardian, Mar 21, 2023The International Monetary Fund has approved Sri Lanka’s request for a $2.9bn bailout, raising hopes for an easing of its economic crisis. The IMF’s board confirmed it had signed off on the loan, clearing the way for the release of funds and kicking off a four-year programme designed to shore up the economy. The IMF managing director, Kristalina Georgieva, warned that Colombo must continue pursuing tax reform and greater…

Two ‘TTP facilitators’ held

report in The News, June 15, 2023The Counter Terrorism Department (CTD) on Wednesday claimed arresting two operatives of the Tehreek-e-Taliban Pakistan on charges of raising funds for the outfit. The spokesman for the Sindh CTD said the CTD team arrested Fazlur Rehman, son of Muhammad Ismail Ashrafzai, while conducting the first operation in New Karachi Industrial Area and Rahim Afridi, son of Yar Badshah, in the second operation carried out in the Shershah police station…