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Posts tagged as “track”

IMF: Bangladesh economy is on right track

report in Dhaka Tribune, Oct 14, 2023Mentioning various measures of the government to address macroeconomic challenges, the International Monetary Fund (IMF) has observed that Bangladesh economy is on the right track. “I think the economy is on the right track in terms of meeting the objective of the program, getting inflation under control and addressing macroeconomic challenges given the difficult global environment,” IMF Director for the Asia and Pacific Department (APD) Krishna Srinivasan said on…

PML-N gears up for Nawaz’s welcome

by Rameez Khan in The Express Tribune, Sept 29, 2023LAHORE: To ensure a sizable presence at Nawaz Sharif’s reception rally on Oct 21, PML-N Punjab President Rana Sanaullah has asked party leaders to submit a list of names and cellphone numbers of those who they will bring along on that day, claiming that they will track these numbers to verify if they had indeed taken part in the gathering. As the PML-N wants to mark…

CTD arrests banned outfit’s terrorist involved in blowing up railway track:

By Aftab Ahmed in The News, June 22, 2023Hyderabad: The Counter-Terrorism Department of the Hyderabad police has claimed the arrest of a terrorist, Halar, son of Monyo, belonging to the banned Sindh Republican Army. The arrest was made during a raid carried out in Ghazi Khan Chang village on the basis of intelligence reports, the Hyderabad police said, adding that an accomplice of the arrested suspect managed to flee by taking the advantage of darkness.…

China plans setting up radar base in Sri Lanka, to track India’s naval assets, US military movement

By Mukul Sharma in Wion, Apr 07, 2023 at 09:47 PMChina has proposed setting up of a radar base in Sri Lanka, aiming to counter India’s naval presence and strategic oversight in the Indian Ocean region, a report has claimed. The proposed radar base will focus on monitoring the activities of the Indian Navy while also evaluating New Delhi’s strategic assets in the region, Economic Times reported. The paper reported that Aerospace Information Research of…

Sri Lanka weighs “Favoured Creditor Clause” to speed up debt fix

report in Daily FT, Dec 20, 2022According to Bloomberg, Sri Lanka is considering a “Favoured Creditor Clause” to fast track external debt negotiations. Sri Lanka may use a special clause to expedite its debt-restructuring negotiations – prolonged talks risk delaying a crucial bailout from #IMF. The ‘Most Favoured Creditor (MFC)’ could help with doubts among other creditors that China (holds 52% of Sri Lanka’s bilateral debt) could be offered better terms. Such a clause would…