China plays catch-up with India in Sri Lanka; fails

This development comes a few days after India backed the island nation's efforts to secure a loan from the global...

Pakistan economic woes may deepen if IMF programme not resumed

IMF is delaying its 24th loan, and the Saudis and the UAE have warned Pakistan that they will no longer serve free lunch.

Pakistan will enter default without IMF programme: Imran Khan

Khan while addressing a press conference with Sania Nishtar, a Pakistan Senate member, said that the nation should...

No other option but to implement IMF program: Shehbaz Sharif

The Prime Minister of Pakistan Shehbaz Sharif calls it a painful reality but said that there is no other option but...

Pakistan's financial woes to worsen after devastating floods

Islamabad [Pakistan], September 21 (ANI): The unprecedented floods in Pakistan are estimated to have caused losses...

Pakistan faces severe liquidity crunch

Islamabad [Pakistan], September 10 (ANI): Pakistan is still witnessing a severe dollar liquidity crunch despite the...

Pak FM Ismail trades barbs with his predecessor Tarin

Islamabad [Pakistan], September 4 (ANI): Pakistan Finance Minister Miftah Ismail and his predecessor Shaukat Tarin...

Revival of IMF programme is not an end in itself: Pakistan PM

Islamabad [Pakistan], August 31 (ANI): As International Monetary Fund (IMF) approved Pakistan's revival plan to...

Pakistani currency dives to Rs 211 per US dollars

Islamabad [Pakistan], June 21 (ANI): Owing to quarter-end payments and delay in the revival of the International...

Pakistan commits to stream gas pipeline project with Russia

Moscow [Russia], June 7 (ANI): Pakistan's ambassador to Russia Shafqat Ali Khan said his country is committed to the...

Pak: IMF programme depends on fiscal adjustments

Islamabad [Pakistan], June 2 (ANI): The restoration of Pakistan's delayed International Monetary Fund (IMF)...

Pak government to hike power tariffs by Rs 7.14 per unit

Islamabad [Pakistan], May 14 (ANI): Amidst a devastating power crunch in Pakistan, the Pakistan government has...