Pakistan's caretaker Prime Minister Anwaar-ul-Haq Kakar has included Mishaal Hussain Malik, wife of jailed terrorist and Jammu Kashmir Liberation Front (JKLF) chief Yasin Malik, in his cabinet.
The mission to secure a six billion pound ($10.18 billion) bailout package is led by Shaukat Tareen, Pakistan Prime Minister's Finance Adviser and Shamshad Akhtar, the Governor of Pakistan's central bank, Daily Telegraph reported. Oil-rich Gulf states have also been tapped to match Western funds with extra billions to ensure that Pakistan, which until recently touted itself as the 'next Asian Tiger', avoids a balance of payments crisis, the report said.
Pakistan has appointed Saleem Raza, a former international banker, as central bank governor.
The placement on to grey list could hurt Pakistan's economy as well as its international standing.
India has halved incidence of poverty from 1990s
A decade after a massive tsunami triggered by an earthquake smashed the coastline of around 14 nations; India on Friday announced a $1 million (around Rs 6 crore) contribution to a United Nations fund for strengthening early warning systems for natural disasters.
"India's economy is projected to sustain a 7.6 per cent growth rate in both fiscal years 2016-17 and 2017-18," says the year-end update of the flagship report Economic and Social Survey for Asia and the Pacific 2016 of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
India's economy is forecast to grow at 4.8 per cent in 2013, down 1.3 per cent from its earlier projection, the UN's World Economic Situation and Prospects 2014 report said.
South and South-West Asia could witness an economic growth of 5.3 per cent in 2015, which will be a four-year high.
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