Search For "economic woes"
Amid mounting fiscal woes, Pakistan to celebrate Eid-ul-Fitr on Saturday
Updated : 3 years, 1 month ago IST
Amid the mounting economic woes, Eid-ul-Fitr will be celebrated in Pakistan on Saturday as the Shawwal moon had not been sighted in the country on Thursday, Geo News reported. Central Ruet-e-Hilal Committee Chairman Maulana Abdul Khabir Azad made the announcement in a press conference on Thu
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China prioritizes defence budget despite economic woes
Updated : 3 years, 2 months ago IST
According to figures released on the opening day of the first annual session of the 14th National People's Congress (NPC), China's 2023 defense budget will rise 7.2% to CNY1.5537 trillion (USD224.59 billion).
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Terrorist threat in PoK swells amid presence of ISKP, TTP
Updated : 3 years, 3 months ago IST
Pakistan's economic woes are intertwined with the fateful decision to nurture the jihadist movement.
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Pakistan economic woes may deepen if IMF programme not resumed: Report
Updated : 3 years, 4 months ago IST
IMF is delaying its 24th loan, and the Saudis and the UAE have warned Pakistan that they will no longer serve free lunch.
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Pakistan's economic woes unlikely to resolve unless it fosters sustainable
Updated : 3 years, 4 months ago IST
According to the economic outlook, Pakistan's overall fiscal deficit stood at 1.5 per cent of GDP during July-October 2022-23 as compared to 0.9 per cent of GDP last year. The Dawn report said the fiscal deterioration was because of higher expenditure growth on the back of higher markup paym
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Slowdown in realty market adds to China's economic woes: Report
Updated : 3 years, 5 months ago IST
The risk of the Chinese ecnomy going into a tailspin has increased, with the country's realty sector facing a crisis due to extreme borrowings by construction contractors, reported Channel News Asia.
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Pakistan defence sector continues to enjoy grants, subsidies despite econo
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], October 5 (ANI): As Pakistan always cries for funding in the name of development and disaster management, the so-called defence sector of the country continues to enjoy grants, subsidies and loans despite the financial crunches.
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Pakistan: Farmers protesting in Islamabad for power tariff reduction threa
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], October 1 (ANI): Farmers protesting in Islamabad for electricity tariff reduction and other economic issues have threatened to march to D-Chowk if their demands are not met, and the Pakistan government has failed to persuade them to call off the protest, local media rep
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Pakistan's love-hate relationship with IMF continues amid economic woes
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], October 1 (ANI): Governments may come and go, but Pakistan's economic woes - and its love and hate relationship with the International Monetary Fund (IMF) - remain constant.
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Pakistan's economic woes continue as FDI slumps 26 pc in first two months
Updated : 3 years, 8 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
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Emergency loans from financial bodies not to solve Pakistan's woes, need t
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], September 23 (ANI): Pakistan needs an overhaul of economic policy as the country is facing its worst ever floods in history accompanied by a huge resource gap despite getting emergency loans from global financial bodies for the reconstruction.
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EU's move to decouple from China's minerals supply may aggravate its econo
Updated : 3 years, 8 months ago IST
Brussels [Belgium], September 16 (ANI): Despite the ongoing energy crunch across Europe, European Commission President Ursula von der Leyen recently proposed new legislation to reduce the European Union (EU)'s on supply of critical minerals including rare earth metals and lithium from China.
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