Search For "economic crisis"
Pakistan's economic woes continue as FDI slumps 26 pc in first two months
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 24 (ANI): Amid the unprecedented economic crisis in Pakistan, Net Foreign Direct Investment (FDI) in the country fell 26.1 pc during the first two months of the ongoing fiscal year (FY23), clocking in at just USD 169.5 million, media reports said citing the St
Read More
Game over for Shehbaz govt as Pakistan reels under economic distress: Shei
Updated : 3 years, 5 months ago IST
Karachi [Pakistan], September 20 (ANI): Former Interior Minister of Pakistan, Sheikh Rashid Ahmed, on Sunday slammed the Shehbaz Sharif-led government for the deteriorating economic situation in Pakistan and said that it is game over for the ruling government now.
Read More
China a 'close friend' but India is 'brother' and 'sister', New Delhi's se
Updated : 3 years, 5 months ago IST
New Delhi [India], September 19 (ANI): Sri Lanka High Commissioner to India Milinda Moragoda on Monday referred to remarks of Mahinda Rajapaksa about the island nation's relations with India and said that the former President of the country used to say that "China is a close friend but In
Read More
IMF to work with international community to support flood-ravaged Pakistan
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 18 (ANI): The International Monetary Fund (IMF) on Sunday said that it will work with the international community to support flood relief and reconstruction efforts in Pakistan following the devastating floods.
Read More
Rising prices burn Afghans pockets as the country witnesses economic turmo
Updated : 3 years, 5 months ago IST
Kabul [Afghanistan], September 18 (ANI): Since the Taliban took control of Afghanistan, the residents continue to bear the brunt of the ongoing economic crisis as the prices of vegetables have tripled over the last few weeks making it tough for common Afghans to afford food stuff on daily ba
Read More
Over 50,000 Afghan refugees deported from Iran in past months
Updated : 3 years, 5 months ago IST
Kabul [Afghanistan], September 17 (ANI): Over 50,000 Afghan refugees were deported from Iran in the past month, the country's Ministry of Refugees and Repatriation (MoRR) confirmed on Friday.
Read More
US 'usurped' Afghanistan's USD 7 billion assets, claims Taliban
Updated : 3 years, 6 months ago IST
Kabul [Afghanistan], September 16 (ANI): Taliban have accused the United States of having usurped the Afghan assets after they announced to release USD 3.5 billion of frozen money of Afghanistan as humanitarian aid for the poverty-stricken country.
Read More
Colombo crisis fueled by Chinese loans rings alarm for international commu
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 16 (ANI): Sri Lanka's economic crisis has become a wake-up call for the international community as the country has emerged as a straightforward example of falling prey to China's debt trap diplomacy as the unprecedented economic and social crisis in the country
Read More
Technology Leadership in an accelerating world and forecasting the current
Updated : 3 years, 6 months ago IST
New Delhi [India], September 16 (ANI/SRV): The COVID-19 outbreak, inflation, the conflict in Ukraine, rising energy and food prices, and the catastrophic repercussions of climate change are the most obvious signs that the world is about to enter a prolonged era of instability. New age organi
Read More
China fails to provide stimulus to the plummeting economy
Updated : 3 years, 6 months ago IST
Beijing [China], September 16 (ANI): In the backdrop of the plummeting property market and continuing COVID lockdowns which have hurt the country's business sector immensely, China's intention to not provide help to citizens economically by giving out economic stimuli such as subsidies is un
Read More
Even friendly countries now look at Pakistan as country with "begging bowl
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 16 (ANI): True picture of Pakistan's devastating economic state now lay bare as the country's Prime Minister Shehbaz Sharif expressed regret that even friendly countries has now started looking at Pakistan as a country that was always begging for money, media
Read More
Flood-ravaged Pakistan rejects Bangladesh's aid offer
Updated : 3 years, 6 months ago IST
Dhaka [Bangladesh], September 15 (ANI): Pakistan has rejected Bangladesh's offer to supply humanitarian aid worth 14 million takas after the recent floods and heavy monsoons in the country dampened the hope of a quick revival from the economic crisis.
Read More