Pakistan spends equivalent to 107% govt's net income in July-Nov

In the July-November period of the current fiscal year, an 83 per cent rise was seen in the interest cost on the Rs...

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...

IMF asks Pakistan to meet demands within three weeks

To pave the way for a staff-level agreement and release of $1 billion tranche under the Extended Fund Facility...

Economic indicators suggest Pak's economic situation would worsen

Pakistan's economic downfall will continue as the economic indicators point a economic crisis in near future

Sri Lanka witnesses economic and political crisis in 2022

People of Sri Lanka demanded the resignation of President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa as...

Pakistan seeks increase in budget deficit from IMF

Pakistan is also considering imposing the flood Levy on those higher income brackets who are earning lofty profits...

Whatever data on crypto is available misleading: RBI deputy guv

"Data is not available. Whatever data is available is misleading. And making regulations in the absence of adequate...

Pak external debt stocks by 2021 stood at USD 130 bn: World Bank

In its latest report "International Debt Report 2022, Updated International Debt Statistics," the World Bank said...

Sri Lanka envoy meets Finance Minister Nirmala Sitharaman

Sri Lanka High Commissioner to India, Milinda Moragoda on Tuesday met with Union Finance Minister Nirmala Sitharaman...

Pakistan to repay foreign debt, old dues

According to The Express Tribune citing Optimus Capital Management, Pakistan is scheduled to pay the foreign debt...

Pakistan refuses to take dictations from IMF

IMF demanded additional information, including details of shelved development projects that have now been taken up...

Pakistan faces currency crisis danger, says Nomura

Apart from Pakistan, the Japanese bank said that there were seven countries including Egypt, Romania, Sri Lanka,...