Search For "economic woes"
Cracks emerge in Beijing's financial system after homebuyers resent agains
Updated : 3 years, 9 months ago IST
Beijing [China], August 24 (ANI): Owing to the deep recession in China's property market, the inability of ailing property developers to convince homebuyers has left new cracks emerging in China's financial system, setting off fresh worries in Beijing and beyond.
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Economic woes deepen as Xi makes China more insular
Updated : 3 years, 10 months ago IST
Hong Kong, July 25 (ANI): There is no doubt that China's economic headwinds are stiffening. Some even say its economy will eventually tank, so many jumped to wrong conclusions when a video clip showing People's Liberation Army (PLA) armoured vehicles was linked to a banking crisis in the
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Prolonged Russia-Ukraine conflict to intensify Pakistan's economic woes
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 12 (ANI): Pakistan, which is reeling under high inflation, sliding forex reserves, widening current account deficit and depreciating currency, is bracing for the worst economic woes due to the prolonged Russia-Ukraine conflict.
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Shehbaz blames Imran for Pakistan's economic woes in his first public addr
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], May 28 (ANI): Refuting the allegations of foreign conspiracy made by PTI chief Imran Khan, Pakistan Prime Minister Shehbaz Sharif on Friday blamed the PTI chief for major problems afflicting the nation including mounting loans, inflation and economic woes of the country
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Pakistan govt spends Rs 149 million to maintain law and order during Imran
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], May 27 (ANI): Amid the worsening economic woes of the country, the Pakistan government spent Rs 149 million to maintain the law and order during the protest march of Pakistan Tehreek-i-Insaf (PTI) to Islamabad on Wednesday.
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Pakistan's trade deficit swells to USD 39.3 billion in ten months
Updated : 4 years ago IST
Islamabad [Pakistan], May 7 (ANI): Pakistan's trade deficit swelled to a massive USD 39.3 billion in the last 10 months of the fiscal year 2021-22, putting pressure on the country's foreign currency reserves in a sign of the worsening economic woes of the country, a media report said.
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Chinese high-cost loans prime culprit for Lankan economic woes
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 19 (ANI): Sri Lanka's current economic crisis does not seem to slow down due to its major dependence on Chinese loans as well as its inability to repay debt amid a state of emergency and intense protests in the island nation.
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Political stalemate continues in Sri Lanka as meeting between President Ra
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 11 (ANI): The meeting between President Gottabaya Rajapaksa and former President Maithripala Srisena-led Sri Lanka Freedom Party (SLFP) to discuss the political and economic crisis affecting the country ended without any conclusion on Sunday, reported local media.
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State Bank of Pakistan hikes interest rate by 250 basis points to 12.25 pe
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], April 7 (ANI): The State Bank of Pakistan has increased the interest rate by 250 basis points to 12.25 per cent, reported the local media on Thursday.
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ADB forecasts gloomy picture for Pakistan's economy
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], April 7 (ANI): The Asian Development Bank (ADB) on Wednesday forecast Pakistan's economic growth rate to slow down to 4 per cent this year from 5.6 pc in the Fiscal Year 2021.
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Former Sri Lankan Minister blames Rajapaksa family for economic woes in co
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 7 (ANI): Former Power Minister of Sri Lanka, Patali Champika Ranawaka, on Thursday said that the Rajapaksa family is fully responsible for the worst economic crisis of the island nation.
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Pak-funded hospital in Kabul faces problems due to lack of funds
Updated : 4 years, 1 month ago IST
Kabul [Afghanistan], April 7 (ANI): Pakistan-funded Jinnah Hospital in Kabul is experiencing serious administrative and operational issues due to the non-availability of funds.
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