Search For "economic crisis"
Data predicts economic crisis in China; country tries to cover it up on in
Updated : 3 years, 1 month ago IST
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
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Ahead of polls, Pak govt scared of losing popularity due to IMF deal
Updated : 3 years, 1 month ago IST
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.
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Is Pakistan going to default on debt servicing like Sri Lanka?
Updated : 3 years, 1 month ago IST
The economic turmoil in Pakistan has reached alarmingly close to that of Sri Lanka, which had faced a similar situation prior to its default. Pakistan is now standing at the same juncture. Merely a few days or weeks at the most are left for the imminent disaster if some kind of a miracle doe
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Pharmaceutical companies in Pakistan struggling to replenish supplies amid
Updated : 3 years, 1 month ago IST
Pharmaceutical companies have been facing difficulty to maintain stocks of essential life-saving drugs.
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Pakistan: SBP forex reserves reach USD 4.34 billion, Islamabad left with t
Updated : 3 years, 1 month ago IST
The foreign exchange held by the State Bank of Pakistan reached a low of USD 4.343 billion.
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Pakistan's economic crisis going from bad to worse: Report
Updated : 3 years, 1 month ago IST
On January 6 the Forex reserves in the State Bank of Pakistan (SBP) touched the lowest mark of USD 4.343 billion just enough for two weeks. The recurring economic crises in Pakistan are primarily caused by a persistent fiscal deficit, which is a result of the government's tendency to overspe
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Pakistan's virtual talks with IMF likely from next week
Updated : 3 years, 1 month ago IST
Amid a reeling economic crisis and falling foreign exchange reserves, virtual talks between Pakistan and International Monetary Fund (IMF) are likely to commence next week, Geo News reported.
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Pakistan textile firm owners threaten protest over delay in clearance of i
Updated : 3 years, 1 month ago IST
The report quoted All Pakistan Textile Mills Association (APTMA) Chairman Hamid Zaman as saying that the textile industry will be forced to protest if the government doesn't clear the imported cotton
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Sri Lanka conveys its 'profound' gratitude to PM Modi: Sri Lankan Foreign
Updated : 3 years, 1 month ago IST
"We are experiencing our most serious economic crisis. It is no exaggeration to say that it was for the most part, the enormous support amounting to USD 4 billion worth of credit line provided by India for the import of essential goods as well as other humanitarian assistance that we were
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China opposes Dalai Lama's visit to Sri Lanka
Updated : 3 years, 1 month ago IST
On January 11, the Chinese embassy released a statement which stated, "They had a friendly conversation about the millennia close exchanges between the two peoples and Buddhist communities of the two countries, as well as China's firm support to all walks of life in Sri Lanka to fight agains
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Demonetisation saved Indian economy, broke backbone of terror funding: Muk
Updated : 3 years, 1 month ago IST
Naqvi said constructive, conducive and calculated economic reforms and decisions have proved to be a milestone in ensuring the country's economic, social and strategic security.
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"Only option is to seek IMF support", Sri Lankan President on economic col
Updated : 3 years, 2 months ago IST
Ranil Wickremesinghe has said that the only option for the island nation to emerge from this crisis is to seek the support of the global lender International Monetary Fund (IMF).
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