Search For "economic crisis"
India committed to assist Sri Lanka in overcoming economic crisis: Preside
Updated : 3 years, 7 months ago IST
New Delhi [India], July 29 (ANI): Newly-elected President Droupadi Murmu while extending felicitations to Sri Lankan President Ranil Wickremesinghe said that India has been committed to assist the people of Sri Lanka in overcoming the challenges posed by the economic crises.
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Bleak future lies in store for Pakistan
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): Pakistan is at a crossroads as most paths lead to further disaster than seen in the last six months.
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Pakistan's economic outlook is uncertain, blurry
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): The ongoing political unrest in Pakistan is increasing economic uncertainty, causing the rupee to depreciate, and impacting the cost of production.
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Imran Khan polarizing Pakistan, insists on talks with proscribed organizat
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): Amid political instability and economic chaos, former Pakistan Prime Minister Imran Khan is trying to polarize the country by insisting on talks with the proscribed organization Tehreek-i-Taliban Pakistan (TTP), the separatists of Balochistan and Sindh
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Credit agency S&P cut Pakistan's credit outlook rating to negative
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): As Pakistan's economy slumps to a new low, ratings by S&P Global, an American credit rating agency, has cut Pakistan's credit outlook to negative and markets think that Pakistan might soon follow Sri Lanka into debt default and economic crisis, media
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Pak to sell shares of state-owned entities, LNG power projects to friendly
Updated : 3 years, 7 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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Pakistan on brink of economic collapse
Updated : 3 years, 7 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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Deteriorating economy, political uncertainty hit China-led Gwadar Port Pro
Updated : 3 years, 7 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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US envoy, President Wickremesinghe discuss Sri Lankan economic, political
Updated : 3 years, 7 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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No harm in appointing next army chief before time: Pakistan President
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 26 (ANI): Pakistan President Arif Alvi on Tuesday said that there was no harm in appointing the next army chief before the expiry of the incumbent's term, local media reported.
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Former President Gotabaya Rajapaksa to return to Sri Lanka from Singapore:
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], July 26 (ANI): Sri Lanka's former President Gotabaya Rajapaksa is not in hiding and is expected to return to the country from Singapore, Cabinet spokesman Bandula Gunawardena said on Tuesday.
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Pharma MNCs finding it difficult to survive in Pakistan
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 25 (ANI): Several foreign pharmaceutical multinational corporations (MNCs) are planning to move out of Pakistan after the government imposed heavy taxes on active pharmaceutical ingredients (APIs) and other raw materials which has led to a spike in production costs
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