AL-Faiz Academy

How Russia Destroying Germany with Gas.

https://www.youtube.com/watch?v=hJ1j86twyRo

The Russia–EU gas dispute flared up in March 2022 following the invasion of Ukraine in late February. Russia and the major EU countries clashed over the issue of payment for pipeline natural gas exported to Europe by Russia's Gazprom.

How Russia Destroying Germany with Gas

Things Qatar did for World Cup 2022 we can appreciate

1. Sayings of Prophet ﷺ in every corner promoting the beauty of Islam.

2. Alcohol will not be sold at the World Cup's eight stadiums in Qatar, Fifa has announced, two days before the tournament starts.

3. In hotel rooms, there is a barcode that introduces the teachings of Islam, hadiths, and a simple definition of our faith.

4. They changed muezzins of mosques and brought those with beautiful voices. Microphones are put in stadiums for Azan.

5. Qatar Guest Center to prepare a team of 2,000 people to call for Islam, where it will allocate 10 mobile cars and 10 specialized tents.

6. Islamic exhibitions by Ministry of Awqaf in different languages for visitors.

7.Availability of prayer areas and places for ablution in stadiums for the first time in the history of World Cup.

and many more..

May Allah bless them for this and guide them in their shortcomings.

PMS 2021 Result is Out. Congratulations 🎉 to the Written Qualifiers. Best for luck for Psychological and Interview Phases.

538 Qualifiers, 50 Posts, Ratio of 10:1 in Interview

CSS 2023 MPT Announced. Last Date to Apply Online is 22 August 2022 Exam will be on 2nd October 2022.

Pakistan's $33.5 billion external financing needs are fully met for financial year 2022/23, the central bank chief said on Saturday, adding that "unwarranted" market concerns about its financial position will dissipate in weeks.

Fears have risen about Pakistan's stuttering economy as its currency fell nearly 8 percent against the US dollar in the last trading week, while the country's forex reserves stand below $10 billion with inflation at the highest in more than a decade.

"Our external financing needs over the next 12 months are fully met, underpinned by our on-going IMF program," the acting governor of Pakistan's State Bank, Murtaza Syed, told Reuters in an emailed reply to questions.

Pakistan last week reached a staff level agreement with the International Monetary Fund (IMF) for the disbursement of $1.17 billion in critical funding under resumed payments of a bailout package.

"The recently secured staff-level agreement on the next IMF review is a very important anchor that clearly separates Pakistan from vulnerable countries, most of whom do not have any IMF backing," he said.

However, the lender's board needs to approve the agreement before the disbursement, which is expected in August, before which there remain prior policy actions to be fulfilled, according to sources familiar with the matter.

But some question Pakistan's ability to meet external financing needs, including debt obligations, despite the IMF funding.

Syed played down those concerns saying Pakistan's public debt profile, one of the "main flashpoints" for markets these days, is a lot better than in vulnerable countries with high public debt.

The country's public debt-to-GDP ratio is 71%.

"Pakistan’s external debt is low, of relatively long maturity, and on easier terms since it is heavily skewed toward concessional multilateral and official bilateral financing rather than expensive commercial borrowing," he said.

In a recent presentation to international investors reviewed by Reuters, Syed said $33.5 billion in gross external financing needs would be met "comfortably" with $35.9 billion in available financing.

Most of the financing was shown from multilaterals, oil payment facilities, and rollovers of bilateral financing, and the heaviest financing needs were in Q2 of FY2022-23.

The presentation also compared the situation in Pakistan to Sri Lanka, which recently defaulted, and said: "Pakistan tightened monetary policy and allowed the exchange rate to depreciate as soon as external pressures began."

It added that Sri Lanka’s fiscal position had been much worse than Pakistan’s, with primary deficits three to four times larger since the pandemic.

Syed said Pakistan is being unfairly grouped with more vulnerable countries amid panic in global markets due to a commodity supercycle, tightening by the U.S. Federal Reserve and geopolitical tensions.

"Markets are responding to these shocks in an unfairly broad-brush way, without paying enough attention to Pakistan’s relative strengths," he said.

"We expect this reality to dawn in the coming weeks and the unwarranted fears around Pakistan to dissipate."

A total of 300 sets of poultry will be distributed after Eidul Azha among the beneficiaries of the ‘Murghi P**l’ scheme, an initiative of the erstwhile government which was briefly suspended by the incumbent government and is now being resumed.

Initially sold for Rs1,050 per set, the price was revised to Rs1,130 and has now increased to Rs1,400. Moreover, the subsidy given on these sets has been slashed by 50 per cent and distribution among households has been halved.

Since the scheme’s inception three years ago, the Poultry Research Institute has distributed a total of 2.5 million chickens at the subsidised rate of Rs1,050 all over the province of Punjab.

One set consists of five hens and a rooster, will all chickens weighing 900 grams each. The hens usually start laying eggs two months after arriving at their owners’ place, averaging 220 to 250 eggs per year.

These chickens require no special diet and live quite well on leftover kitchen scraps such as fruit and vegetable peels, used tea leaves and residual pieces of bread.

Poultry Research Institute Assistant Director and Murghi P**l scheme Incharge Dr Atif said that the federal government has decided to resume this programme and has reserved funds for it as well.

Covid leaked from an AMERICAN lab and not the notorious Chinese facility at centre of pandemic cover-up, claims top US professor described as 'Xi propagandist

Covid leaked from AMERICAN - not Chinese - lab, top US professor says Covid was manufactured in a laboratory - in America rather than China. That is the explosive claim made by leading US economist Professor Jeffrey Sachs.

Muslim rule in Sub-Continent. ❤️

Democracy is a culture rather then a process.

Crisis of good governance in Pakistan.

After reconciliation, IMF has admitted that Pakistan achieved 5.6% GDP growth, with only -0.6% current account deficit to GDP in 2021.

5.61% with not much in terms of CAD is unprecedented for an economy like Pakistan and is indeed a miracle.

Anyone can go to the link, download the full report and on page 58 they can find the data for Pakistan for the year 2021.

https://www.imf.org/en/Publications/WEO/Issues/2022/04/19/world-economic-outlook-april-2022?fbclid=IwAR35OXptvX-lqB9DEKZXygJxGvAttlPcQTIcnyh4JHT5wMq34s8Beh8ACyE