Despite facing severe foreign exchange shortage and being under economic crisis, the government of Pakistan has ordered a massive hike of 30 per cent in development funds to PKR 90 billion for Parliamentarians, according to Dawn.
According to a press release, the governor requested the federal minister to release funds for PSDP projects and annual grants of the GB government. Sources told Dawn that the federal government had not released the annual financial development grant of the GB as the region depends on the fi
The sharp decline in the Chinese GDP growth in 2022 was blamed on a host of factors mainly China shutting itself from the outside world due to zero Covid policy. The slow pace was blamed mainly on the strictly implemented zero-Covid policy leading to periodic lockdowns and the ruling Communi
The burning question is - given the generous donation of the international community, will Pakistan be able to redeem itself or default again and remain a global joke?
About 3,200 small-scale fishing families have been seriously affected by the creation of sea leech farms in Kowtharimunai in Pooneryin by the Chinese company, losing their livelihoods during an ongoing economic crisis in the country.
Data about China's growth and the image the country is trying to portray on the international forums are contrary. On one hand, the data on employment and GDP point towards a crisis. But Chinese authorities are still trying to put up a positive image on international forums, The Singapore Po
New Delhi [India], January 25 (ANI/SRV): Aranyam, one of the pioneering chemical-free perfume brands in India, has set the goal to be among the top 15 perfume brands in the country within the next few years. Aranyam's ambition to lead the market is backed by its phenomenal growth story, whic
Emaar India CEO told the chief minister that 100 to 150 pre-fabricated huts would be made to help the people affected by the land subsidence in Joshimath.
Amid a severe humanitarian crisis in Afghanistan under the Taliban regime, the citizens have been living miserable life. On Tuesday, aid was provided to 500 needy families in Kabul by the Organization of Islamic Cooperation (OIC), the Afghan Red Crescent Society, and the King Salman Charity
Pakistan is currently under the grip of a massive economic crisis, as a result of which the deal with the International Monetary Fund (IMF) becomes very important for the South Asian nation, according to Dawn.
A government official said that the remaining loan repayment requirements and external financing of managing the current account deficit to the tune of USD 8 to USD 10 billion cannot be raised of the stalled IMF programme.