Pakistan News

    Murabaha Financing In Pakistan Vaccine

  • Pakistan launches new polio vaccine, aims for 2016 wipeout

    ISLAMABAD: Pakistan on Thursday formally launched an injectable polio vaccine, an important step to accelerate its polio eradication campaign as the authorities vowed to wipe out the disease by 2016...

    More than four million children will benefit from the inactivated polio vaccine (IPV), which will be incorporated into the country's routine immunisation schedule and given to children alongside other jabs...

  • Call for introducing diabetes vaccine in Pakistan

    LAHORE: Professor of medicine at the King Edward Medical University, Dr Irshad Hussain, has called for introduction of vaccine in Pakistan to prevent diabetes since the prevalence of the disease has almost doubled in adults/children...

    “Pakistan is facing a potential threat of diabetes outbreak, particularly in adults due to unhealthy lifestyle,” Prof Irshad told Dawn...

  • Pakistan demands Facebook remove polio vaccine misinformation

    Pakistan urged Facebook to remove harmful polio-related content from the social networking site on Friday, saying it was jeopardising eradication initiatives and putting the lives of vaccinators at risk...

    In recent months social media in the country has been inundated with fake news reports and videos — garnering thousands of views and shares in the last week alone — claiming numerous children have been killed by the polio vaccine......

  • House financing lowest in Pakistan

    ISLAMABAD: Pakistan house financing is less than half a per cent of gross domestic product (GDP) which is one of the lowest in the world...

    Each year there is need for 600,000 units, but only 300,000 units are constructed,” said Deputy Governor, State Bank of Pakistan (SBP), Saeed Ahmad, on Thursday at a two-day international conference on “Affordable Housing and Mortgage Finance”, organised by the SBP...

  • WB lowers Pakistan’s external financing needs

    WASHINGTON: The World Bank said on Monday that Pakistan’s external financing needs in 2017-18 were $17 billion and not $31bn, which was wrongly deduced from one of its previous reports...

    ”The situation “has resulted in increased external financing needs of 5-6 per cent of GDP in FY18, or around $17bn, to cover rising current account deficit and debt payments,” the bank added...

  • How Pakistan is tackling terror financing to stay off a list of 'terror-friendly' nations

    Pakistan has frozen the accounts of 5,000 suspected terrorists, taking about $3 million out of their pockets, but Islamabad could still come under scrutiny at a crucial June meeting of an international watchdog that tracks terror financing...

    Analysts and government officials say political foot-dragging and sympathetic supporters throughout Pakistan makes it difficult to cut off the money supply to banned terrorist groups...

  • Pakistan still on radar of terror financing watchdog

    ISLAMABAD: Despite taking a few significant steps against terror financing, Pakistan remains on the radar of the Financial Action Task Force (FATF), an international watchdog tracking terror financing, over concerns that it is not fully complying with curbs against entities listed with the United Nations...

    At a meeting held last week in Valencia, Spain, the FATF referred Pakistan to its regional affiliate, Asia/Pacific Group on Money...

  • Inclusive financing improving in Pakistan, says Queen Maxima

    ISLAMABAD: Queen Maxima of the Netherlands, who is the UN Secretary-General’s Special Advocate for Inclusive Finance for Development, said here on Tuesday that Pakistan had built one of the strongest foundations for financial inclusion in the world...

    She was speaking at the launching ceremony of the Universal Financial Access initiative of the State Bank of Pakistan (SBP)...

  • India financing terrorism in Pakistan: FO

    ISLAMABAD: The Foreign Office on Monday accused India of financing terrorism in Pakistan, saying that "open evidence is available on India’s involvement in subversive activities"...

    The FO statement comes just days after Indian Prime Minister Narendra Modi, in a veiled reference towards Pakistan at a recent G20 forum, said "one single nation in South Asia is spreading agents of terror in countries of our region"...

  • US, allies pushing to place Pakistan on terror-financing watchlist: report

    The United States and its European allies have tabled a motion with the Financial Action Task Force (FATF) with a view to placing Pakistan on a watchlist of countries considered non-compliant with global anti-terror financing measures, an exclusive Reuters report said on Tuesday...

    Miftah Ismail, Pakistan's de facto finance minister, told the news agency that a few weeks ago the US and UK had nominated Pakistan to be put on the...

  • Pakistan on global lobbying campaign against placement on terror-financing watchlist

    Pakistan has been engaged in lobbying efforts with different countries around the world to thwart a move by the United States and its European allies to get Pakistan placed on a global terrorist-financing watchlist with the Financial Action Task Force (FATF), it emerged on Thursday...

    Responding to a calling attention notice about Pakistan's possible placement on the FATF 'grey list', Minister of State for Finance Rana Afzal told the...

  • Pakistan will expedite steps to curb terror financing: interior minister

    Interior Minister Ahsan Iqbal on Saturday — a day after Pakistan avoided ending up on a terror watch list by a global task force — said that the government will expedite steps to curb terror financing and money laundering...

    Pakistan's performance in the war against terrorism was better than others, but it still faced pressure from Washington, the minister said...

  • China says 'highly recognises' Pakistan's efforts against terror financing

    China came out in support of Pakistan's anti-terror financing regime on Tuesday, days after it withdrew opposition against a US-led move to place Pakistan on the Financial Action Task Force's (FATF) watchlist...

    "In recent years, Pakistan has made important progress in actively strengthening financial regulations to combat terror financing," China's Foreign Ministry Spokesperson Lu Kang said at a press briefing in Beijing...

  • Government confirms Pakistan will be placed on terror financing 'grey list' in June

    Ending a nearly week-long confusion over Pakistan's placement on a ‘grey list’ of the Financial Action Task Force (FATF), the Foreign Office confirmed on Wednesday that the country is set to be added to the watchlist of countries where terrorist outfits are still allowed to raise funds in June...

    Speaking at a weekly news briefing, FO spokesman Dr Muhammad Faisal revealed that a decision to place Pakistan on the watchlist was taken at...

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