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Panic grips in Imran Khan government after UAE demands its USD 1 billion back from Pakistan

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4 years ago

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In another major embarrassment for Pakistan and Imran Khan government, the United Arab Emirates (UAE) has demanded its USD 1 billion back, sending top officials in the country in panic mode.

The money was deposited with the State Bank of Pakistan (SBP), which is the central bank of the country. The money is demanded as the amount has reached its maturity.

Given the financial situation of Pakistan, it has pleaded to the UAE that returning such a huge amount can impact its economic situation right now.

Meanwhile, multiple attempts have been made to reach out to UAE, especially to the Crown Prince by top Pakistani officials. So far, there hasn’t been any response.

It is no secret that Pakistan’s economy is in dire straits. According to the World Bank estimate, amid the COVID pandemic, Pakistan’s real GDP growth is estimated to have declined from 1.9 per cent in FY19 to -1.5 per cent in FY20.

Earlier this year, the International Monetary Fund (IMF) and Pakistan reached a staff-level agreement to release USD 500 million as part of the larger loan pact. The year 2019 saw the international financial institution agreeing to provide a USD 6 billion loan to the country to rein in the debt crisis in exchange for reform measures.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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