Search For "economic crisis"
IMF-Ranil deal may strengthen pro-China forces in Sri Lanka: Report
Updated : 2 years, 11 months ago IST
Most Sri Lankans believe that Ranil's government is protecting a corrupt regime.
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Of Sri Lanka's total USD 3-bln IMF package, USD 330-mln to be immediately
Updated : 2 years, 12 months ago IST
Sri Lanka has been facing a severe economic crisis as a result of past policy missteps and economic shocks.
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IMF Executive Board approves USD 3 billion under New Extended Fund Facilit
Updated : 2 years, 12 months ago IST
Sri Lanka has been hit hard by a catastrophic economic and humanitarian crisis. The economy is facing significant challenges stemming from pre-existing vulnerabilities and policy missteps in the lead-up to the crisis, further aggravated by a series of external shocks, according to a release
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Pakistan scales up in terrorism index, falls further deep into economic cr
Updated : 2 years, 12 months ago IST
Deaths by Tehrik-e-Taliban Pakistan (TTP) doubled while Islamic State-Khorasan (ISK) increased sevenfold in Pakistan. The BLA was responsible for a third of these deaths in Pakistan.
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"Blood is thicker than water": EAM Jaishankar on India-Sri Lanka relations
Updated : 2 years, 12 months ago IST
Speaking on the economic crisis in Sri Lanka, Jaishankar said, "It is very natural for India to step forward. Blood is thicker than water. It is natural at a moment of difficulty. I have always believed that you will come through this challenge but it is important to have real friends standi
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Clashes between Imran Khan, law enforcers deepen crisis
Updated : 2 years, 12 months ago IST
The two-day-long clash between former Pakistan Prime Minister and Pakistan Tehreek-e-Insaf (PTI) workers with its chairman Imran Khan's supporters and the law enforcers at the Zaman Park deepened the ongoing political and economic crisis of the country, reported The Nation.
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Pakistan facing "perfect storm" of crises, says Pak Foreign Minister
Updated : 3 years ago IST
Bilawal while speaking during an interview with The Daily Show, said: "Unfortunately, Pakistan is facing a perfect storm. Not only do we have heightened partisanship and political polarisation, to the extent that political parties or political stakeholders aren't even in a position to sit in
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Pakistan PM Shehbaz Sharif says fears of default have "ended" owing to gov
Updated : 3 years ago IST
Shehbaz Sharif's statement was contrary to over a dozen economists who believe that Pakistan faces the renewed risk of recession amid a deepening political and economic crisis and a delay in the revival of the International Monetary Fund's (IMF) bailout programme.
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Pakistan engulfed in political instability, economic crisis
Updated : 3 years ago IST
Shehbaz Sharif's coalition government through its indecisiveness, incompetency and lack of interest to evolve policies to pull out Pakistan of the mess, Imran Khan had created economically and geo-strategically during his government, put a cover on Imran Khan's failures and provided him oppo
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Pakistan needs systemic changes, urges for consensus on economic policy: F
Updated : 3 years ago IST
Pakistan's former finance minister Miftah Ismail said that no political leader or martial law can improve the system in the country until the government make systemic changes as the country is in deep economic crisis coupled with huge debt and urged for consensus for economic policy, Geo
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IMF "not being fair" to Pakistan, claims FM Bilawal Bhutto Zardari
Updated : 3 years ago IST
Foreign Minister of Pakistan Bilawal Bhutto Zardari has claimed that the International Monetary Fund (IMF) is not being "fair" to Pakistan, as the country is facing serious crises. In an interview with the Associated Press on Friday, Bilawal Bhutto said that Pakistan was facing an economic c
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Honda closes its plant in Pakistan due to financial crunch
Updated : 3 years ago IST
Honda Atlas Cars --the assembler of Honda automobiles in the country blamed current economic situation for its decision and said that the plant will remain closed from March 9 to 31.
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