Daily brief
The International Monetary Fund has warned that the war in the Middle East will cause lasting damage to the global economy, even if peace is reached. The IMF has cut its global growth forecast and stated the economic scars will be permanent, adding that substantial financial support will be needed as the conflict tests the global system.
The Asian Development Bank has upgraded Pakistan's economic growth forecast for the current fiscal year to 3.5 percent.
Russia has lifted its ban on imports of potatoes from Pakistan.
The Shalimar Express train bound for Lahore derailed near Sheikhupura, leading to the suspension of rail traffic on the route.
Saudi Arabia has assured Pakistan of its financial support.