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Despite economic crisis Pak PM Shehbaz Sharif busy stoking Kashmir issue
Updated : 3 years, 1 month ago IST
Pakistan is spinning new conspiracy theories after Pakistan Prime Minister Shehbaz Sharif claimed that a plot had been conceived to freeze the Kashmir issue for 20 years.
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IMF places new demands before Pakistan for holding policy-level talks next
Updated : 3 years, 1 month ago IST
If Pakistan and IMF reach a consensus by Feb 9, they will sign a staff-level agreement.
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China scuttles Pakistan's Neelum Jhelum Project over delayed payments
Updated : 3 years, 1 month ago IST
The issues facing the NJHP project indicate a deeper problem in Pak-China cooperation in the power sector. Pakistan owes around PKR300 billion to the Chinese independent power producers (IPPs) and the liability has become a sore point in the bilateral relations.
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IMF giving tough time to Pakistan, says PM Shehbaz Sharif
Updated : 3 years, 1 month ago IST
"As we speak, an IMF delegation is in Islamabad and giving a very tough time to the finance minister and his team. I will not go into detail about this further but our economic challenges are unimaginable. The IMF conditions which we have to fulfill are beyond imagination but we have to do i
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Pakistan: Amid daunting challenges, PM Shehbaz invites Imran to All-Party
Updated : 3 years, 1 month ago IST
Amid a severe threat of terrorism and distressing economic and political situations, with no signs of respite soon, Pakistan Prime Minister Shehbaz Sharif has invited Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan to an all-party conference (APC) set to take place in Islamabad on Februar
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Pak Rupee loses ground against dollar in interbank market
Updated : 3 years, 1 month ago IST
During intraday trade, the rupee depreciated by Rs 1.17 and was trading at Rs 270. The rupee had closed at Rs 268.83 on Wednesday.
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Pak govt may withdraw energy subsidies, reduce security costs to secure IM
Updated : 3 years, 1 month ago IST
Senior government officials said that IMF mission chief for Pakistan Nathan Porter has reached in Islamabad to hold technical discussion with authorities.
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9th review of Pakistan for USD 7 billion Extended Fund Facility kicks off
Updated : 3 years, 1 month ago IST
The discussion will revolve around Pakistan's plan for taking additional taxation measures to fetch over Rs 200 billion through a presidential ordinance, rationalizing expenditure, and hiking both electricity and gas tariffs for erasing the monster of the circular debt.
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China's debt moratorium offer to Sri Lanka not sufficient for IMF to appro
Updated : 3 years, 1 month ago IST
The IMF needs more assurances from China to secure IMF board approval for the bailout package for Sri Lanka.
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Pakistan economic woes may deepen if IMF programme not resumed: Report
Updated : 3 years, 1 month ago IST
IMF is delaying its 24th loan, and the Saudis and the UAE have warned Pakistan that they will no longer serve free lunch.
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UAE rolls over USD 2 billion loans to Pakistan
Updated : 3 years, 1 month ago IST
It is pertinent to mention here that the UAE President had agreed to roll over the existing loan of USD 2 billion and provide a USD 1 billion additional loan.
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Sri Lankan President Wickremesinghe says debt restructuring talks with Ind
Updated : 3 years, 1 month ago IST
The announcement comes in the wake of External Affairs Minister S Jaishankar's visit to the island nation who will be visiting Maldives and Sri Lanka from January 18-20.
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