Pakistan's financing requirements for IMF deal unchanged: IMF

On Sunday, Perez Ruiz said that external funding requirements had not changed throughout the discussions, under a...

Soaring inflation hits Pakistanis hard during Ramzan

During every Ramzan inflation increases by 500 per cent and this has not changed in the last 75 years. The rise of...

Pakistan may default on its debt: US think tank

The cash-strapped nation is reeling with the repercussions of a deepening political crisis, which initially began in...

IMF asks Pakistan to provide external financing assurances

It should be noted that Pakistan and the IMF have been negotiating since early February on an agreement that would...

Cash-strapped Pakistan struggling to pay international airlines

The IATA, which represents some 300 airlines comprising 83 per cent of global air traffic, said USD 290 million were...

'No compromise' on Nuke program, says Pak Finance Minister

While speaking at the Senate session on Thursday, Dar said, "Let me assure you that [...] nobody is going to...

China approves USD 1.3 billion rollover for cash-strapped Pak

Taking to Twitter, Pakistan Finance Minister Ishaq Dar announced, " Formalities completed [and] Chinese Bank, ICBC...

Pakistan receives funds worth USD 700 million from China

Dar took to his Twitter to make the announcement. He wrote: "AlhamdoLilah! Funds USD 700 million received today by...

Pakistan weekly inflation surges to 38.4pc

Cash-strapped Pakistan recorded the yearly high inflation as it went to 38.42 per cent in the outgoing week.

Flood disaster relief efforts helps Pak to mobilise aid

According to the Geo-politik, Pakistan, which has severely mismanaged its economy, has now used the pretext of flood...

Financial assistance from global community keeps Pakistan afloat

The country owes almost one-third of its external debt to China, which is facing criticism for its debt trap...

Pakistan's FDI plunges 52 per cent in four months

On Monday, the Pakistan State Bank issued the latest data, showing the FDI fell to USD 348.3 million in July-October...