Pakistan announces to end IMF programme

ISLAMABAD:  Finance Minister of Pakistan Dr Hafeez Sheikh along his team are off to Washington to preside over the end of the current IMF programme.

According to Finance Minister eight out of the nine programmes that Pakistan got into with the Fund have been unsuccessful and government was unable to implement three major economic policy commitments, limiting fiscal deficit to 4.7 per cent of GDP, introducing integrated value added tax (VAT) and power sector reforms, which lead to technical completion of an unsuccessful $11.3 billion programme with the International Monetary Fund (IMF) on September 30.

Pakistan announces Cricket Tour Schedule with Sri Lanka

KARACHI: Pakistan Cricket Board has announced the schedule of Cricket series against Sri Lanka to be played in the neutral territory of the United Arab Emirates.

Since the terrorist attack on the Sri Lankan team bus in Lahore two years ago Pakistan have been forced to play on foreign soil.

The series will also see the revival of Test cricket at the Sharjah stadium after 11 years after Pakistan and Australia last played Tests at the desert venue in 2002.