Search For "economic turmoil"
Pak to receive 20 pc cost of five CPEC projects from Chinese firm to get b
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 21 (ANI): Pakistan is mooting a proposal where the country will receive 20 per cent of the total cost of five China-Pakistan Economic Corridor (CPEC) projects from the sponsoring Chinese firm in order to cover the expenses that it will incur on Pakistan, includin
Read More
Pak Minister meets US envoy, seeks financial investments as country faces
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): In a similar move to Pakistani Army Chief Qamar Javed Bajwa's appeal to US to help Pakistan in securing an IMF loan tranche, country's Finance Minister Miftah Ismail has met the Ambassador of the United States (US) to Pakistan, Donald Blome, to get financ
Read More
Pak govt assures citizens of stable economy while it heads toward crisis
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 23 (ANI): While Pakistan's economy is heading towards disaster, its government is assuring the citizens that Islamabad's economy is stable.
Read More
Sri Lanka crisis: Since January, over 1.5 lakh people left country for job
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], July 21 (ANI): As Sri Lanka scrambles to get back on track following the election of a new President, the people in the country -- who are facing severe economic hardship -- are still uncertain about the future.
Read More
Ranil Wickremesinghe wins Presidential polls in Sri Lanka, succeeds Gotaba
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], July 20 (ANI): Sri Lanka's Acting President Ranil Wickremesinghe won the Presidential election on Wednesday amid the ongoing economic turmoil in the island nation.
Read More
Sri Lanka: Wickremesinghe to implement urgent food, fuel relief programme
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 16 (ANI): Sri Lanka's Acting President Ranil Wickremesinghe has decided to implement an urgent relief programme to provide fuel, gas and essential food items to the public who are struggling due to the economic turmoil.
Read More
Pakistan's rising debts, decreasing exchange reserves raise concern
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 14 (ANI): Pakistan is in economic turmoil as its foreign debts are rising while foreign exchange reserves are decreasing.
Read More
Pakistan's 'benefactors' uninterested in rescuing country from economic tu
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 14 (ANI): Pakistan's "friend and benefactor" China is showing half-heartedness in rescuing the country from a severe economic situation and amid this dire situation, the anger of the people is at its peak.
Read More
Sri Lankan protesters find millions of rupees from Gotabaya Rajapaksa's ho
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 10 (ANI): Protesters who stormed President Gotabaya Rajapaksa's house on Saturday amid the country's worst economic crisis claimed to have recovered a large sum of money from the mansion, local media reported.
Read More
Sri Lankan PM says steps will be taken to mitigate food crisis in country
Updated : 3 years, 9 months ago IST
Colombo [Sri Lanka], June 18 (ANI): Amidst the unprecedented economic turmoil in the country, Sri Lankan Prime Minister Ranil Wickremesinghe on Friday said that steps will be taken to mitigate the food crisis in the island nation.
Read More
Pakistan in catch-22 situation on IMF, CPEC: Report
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 14 (ANI): Amid the political instability and debt payments for power plants coming up under the China-Pakistan Economic Corridor (CPEC), IMF's threat to delay the release of the USD 3 billion bailouts from six billion has pushed the Islamabad into an economic crisi
Read More
Pak's high expectations from China may fall flat amidst its plunging econo
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], May 30 (ANI): Pakistan has been reeling under heavy economic turmoil and it is hoping that its all-weather ally China will come to its rescue however eminent economist differs, saying expectations from Beijing are highly misplaced.
Read More