- PM Modi says able to evacuate citizens from Ukraine due to India's 'rising power', Air Force joins rescue mission
- World Bank board backs using 1 billion US dollars in frozen Afghan funds for aid
- Sri Lanka imposes longest power cuts in 26 years as energy crisis worsens
India on Wednesday sent humanitarian aid to Romania and Hungary to help them deal with the refugee influx amid the Russia-Ukraine conflict as three Indian Air Force planes joined in the country's evacuation mission.The International Monetary Fund will hold virtual review meetings with Pakistani officials from March 4 onwards, which will include discussions on the recent relief measures announced by Prime Minister Imran Khan. The Pakistan government this week reversed the prices of petroleum products which has put it at odds with the IMF's demands that Islamabad should cut subsidies and tax exemptions to bridge its fiscal deficit.Political activist Maulana Sultan Raees has raised concern over prolonged power outages and gas shortage in Gilgit Baltistan, that has been forcing the locals in the region to resort to felling trees for cooking and heating. He blamed the government has completely neglected the issue, which is also affecting the tourism sector.The World Bank Board of Executive Directors has approved a plan to use more than $1 billion from a frozen Afghanistan trust fund to finance urgently needed education, agriculture, health and family programs, the bank announced.Sri Lanka is in the throes of its worst economic crisis in years, which has led to fuel shortages and frequent power outages. Authorities are struggling to import fuel for power generation and to keep its transport system running amid dwindling foreign exchange reserves.The main opposition CPN-UML has taken a middle path on the U.S.-funded MCC, the Millennium Challenge Corporation compact, after it was ratified by the parliament earlier this week amid the party’s obstructions, neither hailing nor criticising the move.‘Dosmoche’, an annual monastic festival in India’s Ladakh territory attracted scores of locals and tourists to the region this week. During the festival, monks chanted prayers and performed sacred mask dance for peace and prosperity. It is celebrated at the start of Tibetan New Year every year.
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