Breathing Room
| Use attributes for filter ! | |
| Google books | books.google.com |
|---|---|
| Originally published | June 5, 2012 |
| Authors | Marsha Hayles |
| Genres | Bildungsroman |
| Medical Fiction | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 3019916 |
About Breathing Room
Evvy Hoffmeister is thirteen years old when her family brings her to Loon Lake Sanatorium to get cured of tuberculosis (TB). Evvy is frightened by her new surroundings; the rules to abide are harsh and the nurses equally rigid. But Evvy soon falls into step with the other girls in her ward. . . .
Disney boss declares new era after job cuts
... " These results will give CEO Bob Iger some Breathing Room to shift into what he calls a building phase, " said Insider Intelligence principal analyst Paul Verna...
Women's World Cup: Steel Roses outkick men in Chinese football
... The women s team also faces less intervention from Communist Party officials when it comes to management and governance, giving them wider Breathing Room for development, argues Prof Chadwick...
Crisis-hit Pakistan strikes $3bn IMF bailout deal
... " This deal gives Pakistan the economic Breathing Room that it so badly needs, " Michael Kugelman from the US-based Wilson Center think tank told the BBC...
George Floyd death: Seven solutions for U. S. police problems
......
Crisis-hit Pakistan strikes $3bn IMF bailout deal
By Annabelle Liang & Peter HoskinsBusiness reporters
Crisis-hit Pakistan has reached a staff-level agreement with The International Monetary Fund (IMF) over $3bn (£2. 4bn) of funding.
The Deal , which still needs to be approved by the global lender's board, comes after an eight-month delay.
The South Asian nation is facing its worst economic crisis since independence from Britain in 1947.
To help secure The Deal , Pakistan's Central Bank raised its main interest rate to a record high of 22% on Monday.
Pakistan's economy, which was already struggling after years of financial mismanagement, has been pushed to The Brink by a global Energy Crisis and devastating floods that hit the country Last Year .
" The economy has faced several external shocks such as the catastrophic floods in 2022 that impacted the lives of millions of Pakistanis and an international commodity price spike in The Wake of Russia's war in Ukraine, " Nathan Porter ,
" As a result of these shocks as well as some policy missteps. . Economic Growth has stalled, " he added.
Once agreed at staff level such deals are usually granted by the IMF's Executive Board. The board is expected to consider the agreement in The Coming weeks.
" This deal gives Pakistan the economic Breathing Room that it so badly needs, " Michael Kugelman from the US-based Wilson Center Think Tank told The Bbc .
" The question is if it can use this IMF deal as an opportunity to pivot from immediate relief to a long-term recovery, " he added.
Katrina Ell, a senior economist at Moody's Analytics, said: " High inflation coupled with limited foreign reserves and lacking macroeconomic stability take time and sustained fiscal discipline to overcome. "
Pakistan's annual inflation rate hit a fresh record high in May of almost 38%.
The $3bn of funding, which will be spread over Nine Months , is higher than expected.
Pakistan was awaiting the release of The Remaining $2. 5bn from a $6. 5bn bailout package agreed in 2019, which expired on Friday.
The Nation of More Than 230 million people has been struggling for years to stabilise its economy.
This year the country's Foreign Exchange reserves fell to A Level that covered less than three weeks of imports.
Deadly clashes between supporters of Pakistan's former Prime Minister Imran Khan and police have also rattled financial markets.
In May, Mr Khan was arrested on corruption charges, in a move that has since been ruled as illegal by the country's Supreme Court .
Over the Last Year the Pakistan rupee has fallen by around 40% against the US Dollar .
to help Pakistan recover from devastating floods that hit the country in 2022.
It had been estimated that it needed More Than $16bn to recover from the disaster.
Related TopicsSource of news: bbc.com