Search For "crisi"
Pak to sell shares of state-owned entities, LNG power projects to friendly
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], July 29 (ANI): In order to tackle the country's crippling economy and contain inflation, Pakistan Finance Minister, Miftah Ismail on Wednesday announced that the government is looking forward to amend the laws for the sale of shares of listed state-owned entities wit
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World Bank says no plan to offer new financing to crisis-hit Sri Lanka
Updated : 3 years, 9 months ago IST
New Delhi [India], July 29 (ANI): The World Bank has no plan to offer new financing to Sri Lanka until an adequate macroeconomic policy framework is in place in the island country, which is facing its worst crisis.
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Load-shedding crisis, tax on electricity bills lead to massive protest in
Updated : 3 years, 9 months ago IST
Muzaffarabad [PoK], July 28 (ANI): The Poonch division of the Jammu Kashmir National Students Federation (JKNSF) has launched a protest movement against load shedding and unjustified taxes on electricity bills in Pakistan-occupied Kashmir (PoK).
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Pakistan on brink of economic collapse
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], July 28 (ANI): With the depleting foreign currency reserves and rising inflation, Pakistan is on the brink of economic collapse and heading towards a path similar to the economic downfall of Sri Lanka.
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Pakistani rupee dives to 240 per US dollar
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], July 28 (ANI): Pakistan rupee depreciated at a record low against the US dollar on Thursday as it dropped to PKR 240.5 against the dollar in the interbank market.
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"Two-man cabinet", NCP leader Jayant Patil takes a dig at Eknath Shinde go
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], July 28 (ANI): Taking a dig at the delayed allotment of portfolios by the Eknath Shinde government in Maharashtra, NCP's state chief Jayant Patil said only a "two-man cabinet" was functional and problems of people due to the flood-like situation and other issues
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Deteriorating economy, political uncertainty hit China-led Gwadar Port Pro
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], July 28 (ANI): China, the sole investor in the Gwadar projects are hesitating to invest amid uncertainties as the ongoing economic crisis and political instability in Pakistan are hitting Chinese investment sentiments.
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China's economy at risk with banks witnessing rise in non-performing asset
Updated : 3 years, 9 months ago IST
Beijing [China], July 27 (ANI): Chinese bank depositors, who are protesting against their inability in getting their frozen funds back, are now boycotting the mortgages payment which in turn is increasing the non-performing assets (NPA) of the banks giving a major blow to the country's econo
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Pakistani rupee sinks to all-time low against US dollar
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], July 27 (ANI): The Pakistani rupee continued to sink against the US dollar for the ninth straight session in the interbank market, hitting a new record low of 236 on Wednesday.
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US envoy, President Wickremesinghe discuss Sri Lankan economic, political
Updated : 3 years, 9 months ago IST
Colombo [Sri Lanka], July 27 (ANI): US Ambassador to Sri Lanka Julie Chung met Sri Lankan President Ranil Wickremesinghe on Wednesday and discussed the ongoing economic and political crisis and ways to work together to navigate toward a brighter future.
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China seeks to influence Indo-Pacific region through investments in Sri La
Updated : 3 years, 9 months ago IST
Colombo [Sri Lanka], July 27 (ANI): China is seeking to increase its influence in the Indo-Pacific region by bolstering its investments in debt-ridden Sri Lanka along with aligning with "corrupt" politicians of the island nation, media reports said.
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China grappling with economic slowdown, housing crisis
Updated : 3 years, 9 months ago IST
Beijing [China], July 27 (ANI): China is currently grappling with an economic slowdown along with a housing crisis as numerous Chinese citizens are boycotting mortgages because they are not getting possession of their accommodation units on time.
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