Search For "pakistan economic crisis"
Pakistan delegation to meet IMF to sort out economic crisis
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 18 (ANI): Due to the rising political tension in Pakistan, and also the raging economic crisis, a high-profile Pakistani delegation is likely to make fresh contacts with the International Monetary Fund (IMF) and the World Bank in a meeting at Brent Wood Institutio
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Shehbaz govt to retract from decision on fuel hike
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 17 (ANI): Days after Pakistani Prime Minister Shehbaz Sharif decided not to increase the fuel prices, a well placed official source now said that the government is likely to take a U-turn from this decision and increase the fuel prices to further put a burden on t
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Shehbaz Sharif govt decides to resume talks with IMF for package revival
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 17 (ANI): With Pakistan's economy in the doldrums, the new government led by Prime Minister Shehbaz Sharif has decided to resume talks with the International Monetary Fund (IMF) from Monday, reported local media on Sunday citing sources.
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Pakistan under Rs 60 billion burden as PM Shehbaz Sharif rejects proposal
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 16 (ANI): Pakistan Prime Minister Shehbaz Sharif has put an additional burden of around Rs 30 billion on the exchequer by turning down the oil and gas authority's proposal to increase the fuel prices thus further deteriorating the economic situation of the coun
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Massive hike in fuel prices in Pakistan: Diesel to go up by Rs 119
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 15 (ANI): Pakistan's economy is in doldrums and people of the country may face another blow as the prices of petrol and diesel may go up by Pakistani Rs 83.5 and Rs 119 per litre respectively.
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Amid economic decline, Pakistan faces USD 2.5 billion debt servicing oblig
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 9 (ANI): Amid a declining economy and political instability, Pakistan has to pay back foreign debt to the tune of USD 2.5 billion on account of principal and mark-up obligations during the ongoing quarter (April-June) of the current fiscal year 2021-22.
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Pakistan's public debt soars by PKR 18 trillion
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 6 (ANI): Pakistan's public debt has soared by over 18 trillion Pakistani Rupees (PKR) in the last three and a half years of the outgoing Imran Khan's government, which is more than the liabilities accumulated by any government in the country's history, a central b
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Pakistan's trade deficit on the rise for past nine months
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 5 (ANI): As Pakistan's economic woes continue, the country's trade deficit has been on the rise for nine consecutive months owing to an unprecedented increase in imports while exports stagnated at around USD 2.5 billion to USD 2.8 billion a month.
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Pakistan unable to pay its embassy staff, shows dire economic condition: R
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 2 (ANI): Pakistan is finding it difficult to pay even its embassy staff revealing the dire economic straits that the country finds itself in, a media report said.
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Imran Khan 'conspiring' against Pakistan: Expert
Updated : 3 years, 11 months ago IST
London [UK], April 2 (ANI): Imran Khan is himself "conspiring" against Pakistan as his actions have put the country, grappling with an economic crisis, in a difficult spot as relations with America have come under further strain and despite a recent visit to Moscow, the Prime Minister has f
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Pakistani rupee in free-fall amid political instability, hits lowest ever
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], March 31 (ANI): The Pakistani rupee (PKR) surpassed the PKR 183 mark against the US dollar for the first time in history on Thursday on the back of political instability in the country and a weak economy.
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Imran Khan to address Pakistan on economic crisis today
Updated : 4 years ago IST
Islamabad [Pakistan], February 28 (ANI): Pakistan Prime Minister Imran Khan will address the nation today over the impact of the Russia-Ukraine conflict on the country's economy.
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