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IMF ready to send mission to Pakistan after cabinet formation

The International Monetary Fund is set to send a mission to Pakistan for the second economic review following the formation of PM Shehbaz Sharif’s cabinet. The focus is on completing the Stand-By Program ending in April 2024. The IMF aims to work with the new government on economic stability, as Pakistan plans to seek a $6 to 8 billion loan program.

Daniyal Aziz to send legal notice to Ahsan Iqbal over ‘false allegations’

Daniyal Aziz plans to serve a legal notice to Ahsan Iqbal over what he claims are unfounded allegations. He denies any involvement in the transport business and accuses Iqbal of making false accusations regarding a request for a PTI ticket. Aziz also reveals his decision to contest the 2024 elections independently.

IHC rejects NAB’s plea to send Al-Azizia reference back to trial court

The Islamabad High Court has rejected the National Accountability Bureau's plea to send the Al-Azizia reference back to the trial court. This decision was made during an appeal against Nawaz Sharif's conviction in the Al-Azizia reference. The court had previously acquitted Sharif in the Avenfield reference. Sharif's lawyer argued in reference to the Panama case and highlighted the failure of NAB to collect evidence against Sharif. The accountability court had awarded jail terms and fines to Sharif in both the Avenfield and Al-Azizia cases, as well as a disqualification from holding public office. However, his sentence in the Al-Azizia reference was suspended on medical grounds by the Lahore High Court, and he was allowed to travel to the UK for medical reasons. Upon his return from the UK, Sharif filed applications to restore his appeals against conviction in both references.