Tag: statement

  • Is Sidhu Moose Wala’s mother pregnant? Family issues statement

    Is Sidhu Moose Wala’s mother pregnant? Family issues statement

    Reports have been going around lately about the possible pregnancy of Charan Singh, who is the late singer Sidhu Moose Wala’s mother. However, his father Balkaur Singh, aged 60, has now cleared up the rumors and said it’s not true.

    According to Pinkvilla, Singh wrote in Punjabi on his Facebook, “We are thankful to Sidhu’s well-wishers who are worried about our family. But we want to tell you not to believe the many stories being spread about the family.”

    In February 2024, it was said that the couple had tried IVF treatment to have another child and were expecting to welcome the baby in March. But Singh has now spoken up and also said in his Facebook post, “If there’s any news, our family will share it with all of you.”

    In May 2022, 58-year-old Charan and Balkaur Singh faced a heartbreaking loss when their son, Shubhdeep Singh Sidhu, widely known as Sidhu Moose Wala, was shot and killed.

    Sidhu, born in June 1993, was their only child. He made a big mark in the Punjabi rap music world, rising to fame in 2017. His songs, including some released after his death, still gather millions of views on YouTube. After their son’s tragic passing, Moose Wala’s parents have been actively seeking justice for him.

  • Pakistan’s forex reserves decline to $4.31 billion, covering less than a month’s worth of imports

    Pakistan’s forex reserves decline to $4.31 billion, covering less than a month’s worth of imports

    The State Bank of Pakistan (SBP) has experienced a continuous decline in foreign exchange reserves for the third consecutive week. This decline is attributed to the country’s ongoing struggle to secure a deal with the International Monetary Fund (IMF).

    The central bank’s statement indicates that the reserves decreased by $72 million to reach $4.31 billion as of May 12, primarily due to external debt payments. This amount is sufficient for less than a month’s worth of imports.

    In contrast, commercial banks in Pakistan hold net foreign reserves amounting to $5.62 billion, which is $1.01 billion higher than the central bank’s reserves. Therefore, the country’s total liquid foreign reserves amount to $9.93 billion.

    Pakistan’s economy is currently facing significant challenges, exacerbated by financial difficulties and the delay in reaching an agreement with the IMF. Such an agreement is crucial as it would provide much-needed funding to mitigate the risk of default.

    Earlier, on May 11, the State Bank of Pakistan (SBP) witnessed a decline of $74 million in foreign exchange reserves within a week, resulting in reserves amounting to $4.38 billion. Additionally, commercial banks held net foreign reserves of $5.6 billion.

    Reports indicate that the IMF remains skeptical and is urging Islamabad to take further actions to unlock the loan program, despite assurances from friendly countries regarding external funds for Pakistan.

    Pakistan has been asked to present a repayment plan for a $3.7 billion loan to the IMF in June and demonstrate stronger support from friendly nations to fulfill its commitments.