Gastro patients rise alarmingly in interior Sindh

HYDERABAD: At least 1200 people suffering with bellyache have been admitted to various hospitals stretched in different towns, cities in interior Sindh including Hyderabad during last twenty-four hours, Geo news reported.

According to sources, the number of gastro patients increased during last some days on account of intense spate of hot weather and drinking contaminated water in areas located in lower Sindh.

900 among those hospitalized have been discharged after medical treatment while remaining 300 patients are still under treatment while some among them are critical in condition, hospital sources confirmed to Geo news.

Health ministry sources told media the cause of alarming rise in gastro patients in interior of Sindh is drinking cold fluids and eating rotten fruits in intense summer season.

Pakistan gets 2nd AEW&C jet from Sweden

ISLAMABAD: The second Saab-2000 AEWC (Airborne Early Warning and Control System) aircraft, purchased by Pakistan, finally arrived in the country on Saturday.

The first such aircraft of the originally four contracted by Pakistan was acquired in December last year, while the second aircraft yesterday landed safely at an Operational Base of the PAF.

PAF sources have informed that this new entry would soon be inducted formally in PAF squadron, while remaining two would also be handed over to Pakistan soon.

State Bank Of Pakistan Reduced By 100 Points

PAKISTAN, ISLAMABAD: State Bank of Pakistan has slashed the discount rate by 100 basis points.
At a press conference here Saturday, Governor SBP Syed Saleem Raza announced the monetary policy.
He announced that the SBP has decided to slash the discount rate by 100 basis points. “The SBP has cut the discount rate by one percentage points from the current 14 per cent,” Raza said.

The governor said GDP ratio reaches 2.1 pc. He said foreign exchange reserves improved sharply and stood at $9.1 billion.

The SBP has cut the discount rate by one percentage points from the current 14 per cent. It had cut the rate by one percentage point in April this year from 15 to 14 per cent.

The central bank also changed the interest rate mechanism to bring transparency in Repurchase Offered (repo) rate as well as reverse repo rate as recommended by the International Monetary Fund (IMF).

He said that IMF has appreciated Pakistan’s economic performance, adding that due to the inflation the export dropped by 5.9 pc.

“In recognition of the positive macroeconomic developments and to provide impetus for growth, while remaining entirely aware and not underestimating risks and challenges, the state bank has decided to cut the policy rate by 100 basis points,” Raza told a briefing.

The frequency of monetary policy announcements would be increased from four to six times a year and would be made in the last week of September, November, January, March, May and July, he said.