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Pak Defence Minister blames previous regime for spread of terrorism in cou
Updated : 3 years, 1 month ago IST
Without naming the Pakistan Tehreek-e-Insaf (PTI), he said that security forces were fighting against the terrorists last night as they were brought back and rehabilitated nearly a year ago.
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Pakistan: Political party TLP gives govt 'ultimatum' to withdraw fuel pric
Updated : 3 years, 1 month ago IST
Addressing a press conference, TLP Saad Hussain Rizvi warned that if the government does not withdraw the price hike, the party would do "what it is known for"- a reference to protest marches in the recent that brought the federal capital to a standstill.
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Former Pakistan PM Imran Khan terms IMF deal as "treatment of cancer with
Updated : 3 years, 1 month ago IST
Imran Khan said the IMF agreement will only provide temporary relief as it will eventually lead the country to a major disaster as the burden of loans will continue to increase.
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IMF loan delay pushing Pakistan economy "into a tailspin": Report
Updated : 3 years, 1 month ago IST
Pakistan is in panic after the IMF team that came to negotiate the details left without reaching a final agreement last week. Even though Finance Minister Ishaq Dar and Prime Minister Shehbaz Sharif agreed to all the preconditions. And now Pakistan increased the petrol price which is increas
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Pakistan drops petrol bomb on inflation-hit masses after mini-budget
Updated : 3 years, 1 month ago IST
The increase in the price of petroleum products was one of the preconditions of the Washington-based lender, which will lead to a hike in the already record-high inflation, coupled with the new fiscal measures undertaken through the 'mini-budget'.
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IMF predicts global inflation set to drop this year amid subpar economic g
Updated : 3 years, 1 month ago IST
In most economies, amid the cost-of-living crisis, the priority remains to achieve sustained disinflation.
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Piyush Goyal discusses economic recovery plans with Sri Lankan envoy Morag
Updated : 3 years, 1 month ago IST
Mechanisms relating to the expansion of bilateral trade, the ways to establish and promote rupee trade between Sri Lanka and India as a means of economic recovery in Sri Lanka, and the possibility of further bilateral integration in the textiles and garment sector were among the key issues d
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Tough times ahead for Pakistan as talks with IMF fails
Updated : 3 years, 1 month ago IST
Pakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the economy. While the visiting IMF delegation is asking for several reforms and compliance with its conditionality.
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Pakistan, IMF fail to reach staff-level pact on bailout package
Updated : 3 years, 1 month ago IST
The development comes as negotiations, which took place between IMF and Pakistan from January 31 to February 9, concluded in Islamabad.
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Pakistan on verge of bankruptcy but political parties differ: Report
Updated : 3 years, 1 month ago IST
Pakistan repeats its old habit of asking the money from foreign lands. Recalling the past, the vernacular media said that even 15 years ago Islamabad was doing the same thing and asking for money.
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Pak govt putting up brave face amid deadlock over IMF bailout: Report
Updated : 3 years, 1 month ago IST
According to Dawn, a clear roadmap on external financing and domestic budgetary steps, coupled with substantial energy cost adjustments, should have led to sharing of a draft Memorandum of Economic and Fiscal Policies (MEFP) by the visiting IMF mission wit the authorities at least a day b
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IMF should work with Pak govt to strengthen social protection: Human Right
Updated : 3 years, 1 month ago IST
According to HRW, the IMF should work with the Pakistan government by broadening protection systems and minimising reform measures that risk further harm to the most vulnerable people.
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