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Despite IMF loans, Pakistani rupee continues to fall
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 27 (ANI): Despite the inflow of International Monetary Fund (IMF) loans, Pakistan's currency continues to fall.
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Emergency loans from financial bodies not to solve Pakistan's woes, need t
Updated : 3 years, 6 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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Pakistan's financial woes to worsen after devastating floods
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 21 (ANI): The unprecedented floods in Pakistan are estimated to have caused losses worth USD 18 billion and aggravated macroeconomic fundamentals despite a resumption of the IMF deal, according to Financial Post.
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Pakistan, China hail 'all-weather' friendship, but IMF terms create tensio
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 18 (ANI): Pakistan and China hailed their "all-weather" friendship after their leaders met on the sidelines of the Shanghai Cooperation Organization summit on Friday but analysts warned that International Monetary Fund terms for unlocking more funds for Islama
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IMF to work with international community to support flood-ravaged Pakistan
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 18 (ANI): The International Monetary Fund (IMF) on Sunday said that it will work with the international community to support flood relief and reconstruction efforts in Pakistan following the devastating floods.
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Zambia moves away from Chinese investments; receives IMF loan
Updated : 3 years, 6 months ago IST
Lusaka [Zambia], September 18 (ANI): Zambia which is known as a country under "debt distress" from China has finally received a USD 1.3 billion financial loan from the International Monetary Fund, media reports said.
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India becomes 5th largest economy in world: A perspective
Updated : 3 years, 6 months ago IST
New Delhi [India], September 17 (ANI): India has overtaken Britain to become the world's fifth largest economy and as per IMF projections, only USA, China, Japan, and Germany are now ahead of India in terms of the volume of the national economy.
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Pakistan's economy continues to sink despite international support
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 14 (ANI): Despite support from Saudi Arabia and International Monetary Funds (IMF), Pakistan is on the verge of economic collapse with a lack of funds.
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Imran Khan flips on Pak Army chief tenure, suggests to extend his term til
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 13 (ANI): In a change of stance, former Pakistan Prime Minister and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Monday suggested that Chief of the Army Staff (COAS) General Qamar Javed Bajwa's tenure should be "extended till elections."
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IMF bailout discussion on Sri Lanka debt restructuring still on lower pede
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 13 (ANI): Sri Lanka has reached an agreement with the International Monetary Funds (IMF) regarding debt restructuring which will start only after all Sri Lankan creditors agree to restructure their existing loans to the island nation. On the other hand, while C
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Bangladesh's economy has come of age, now attracts foreign players
Updated : 3 years, 6 months ago IST
Dhaka [Bangladesh], September 10 (ANI): Economic liberalization has put Bangladesh on a solid foundation since the current Awami League government has been in power for a long time.
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IPEF to encourage Pakistan to "decouple" from Chinese market: Report
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 10 (ANI): The Indo-Pacific Economic Framework (IPEF) can change the economic dynamics of the Asia-Pacific region, especially Pakistan as the group is ostensibly created to encourage regional economies to "decouple" from the Chinese market by providing them alt
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