Search For "economic crisis"
Pakistan's oil industry on verge of 'collapse' amid reeling economic crisi
Updated : 3 years, 1 month ago IST
The oil companies of Pakistan are on the verge of 'collapse' due to a reeling economic crisis and devaluation of the currency, Geo News reported.
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'US must show some sincerity, actually do something to help Sri Lanka': Ch
Updated : 3 years, 1 month ago IST
After US Under Secretary of State for Political Affairs Victoria Nuland during her visit to Sri Lanka said that the terms extended by China to Colombo for IMF debt relief are not enough, the Chinese Foreign Ministry has now retaliated saying that rather than commenting upon Beijing's ties wi
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Balochistan faces severe financial crisis
Updated : 3 years, 1 month ago IST
Balochistan's economic crisis only tends to get worse with every passing day as the province in the past three months has not received its share of for rehabilitation and reconstruction of infrastructure in flood-ravaged regions, Dawn reported.
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Pakistan: People in Gilgit-Baltistan protest in streets, demand wheat flou
Updated : 3 years, 1 month ago IST
This comes as Pakistan faces an economic crisis. Citizens hit by floods and the country's food crisis have long remained silent witnesses to the failure of leadership at all levels.
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Pakistan accepts IMF loan conditions, but would it be able to honour them?
Updated : 3 years, 1 month ago IST
The coming financial year may not bring hope for Pakistan as most economic sectors are on the decline. The country's imports are hit because of extremely low forex reserves. Pakistan has also agreed to meet all conditions of the International Monetary Fund (IMF) despite having a history of n
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Pakistan's fate at stake as rupee plunges: Report
Updated : 3 years, 1 month ago IST
Pakistani's economy has reached rock bottom as the rupee plummeted to 250 against the US dollar and the value of currency depreciated, marking the worst economic crisis since the nation formed, Asian Lite reported.
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Pak Defence Minister accuses Imran Khan of taking country into bloodshed
Updated : 3 years, 1 month ago IST
Pakistan's Minister for Defence Khawaja Muhammad Asif on Sunday accused Pakistan Tehreek-e-Insaf (PTI) supremo Imran Khan of taking Pakistan into bloodshed and chaos, adding that the former prime minister should stop calling the army for help and do politics alone as no one will help him now
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India stood with Sri Lankan Airlines amid jet fuel crisis: CEO Richard Nut
Updated : 3 years, 1 month ago IST
India is very important to Srilankan Airlines, the CEO of the aircraft company Richard Nuttall said, adding that New Delhi helped the country's airlines running amid challenges brought on by the economic crisis.
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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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Amid food shortage, over 3 million Afghan children face acute malnutrition
Updated : 3 years, 1 month ago IST
Amid reeling economic crisis and political turmoil, the sufferings of Afghan children have gone worse as the World Food Programme underlined that an estimated amount of 875,000 children are expected to suffer from severe acute malnutrition in 2023 in Afghanistan, TOLOnews reported on Friday.
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Pak govt increases development funds for lawmakers by 30 pc amid economic
Updated : 3 years, 1 month ago IST
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.
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Chinese company destroying Sri Lankan fishing community
Updated : 3 years, 1 month ago IST
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.
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