Search For "pakistan economic crisis"
Pakistan faces fresh political confrontation
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 7 (ANI): Pakistan witnesses heightened confrontation between Shahbaz Sharif-led government and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan over a panoply of issues.
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Pakistan's political instability worsens economic crisis in country
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 4 (ANI): Pakistan is on the verge of economic collapse due to depleting foreign exchange reserves and spiralling inflation, and the political instability in the country has further worsened the economic crisis. The general public had lost trust in the capabili
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Cash-strapped Pakistan mulls taking another IMF loan as floods wreak havoc
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 1 (ANI): As Pakistan struggles to deal with the devastating flood situation, the cash-strapped country is mulling another emergency loan from the International Monetary Fund (IMF), days after it managed to secure the much-needed bailout package to avert an imm
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IMF, Pakistan to meet today for key talks on loan plans
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 29 (ANI): The International Monetary Fund (IMF) will meet the top officials of cash-strapped Pakistan on Monday to consider a bailout package as the country continues to face several economic hardships.
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China's debt trap diplomacy causes global alarm over Belt and Road Initiat
Updated : 3 years, 6 months ago IST
Beijing [China], August 29 (ANI): Chinese investment under Belt and Road Initiative (BRI) across the world is causing alarm among the beneficiaries, as China's debt-diplomacy only reaps profits to Beijing while countries are pushed towards an economic crisis.
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Pak to receive 20 pc cost of five CPEC projects from Chinese firm to get b
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 21 (ANI): Pakistan is mooting a proposal where the country will receive 20 per cent of the total cost of five China-Pakistan Economic Corridor (CPEC) projects from the sponsoring Chinese firm in order to cover the expenses that it will incur on Pakistan, includin
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Pakistan lifts ban on imports of luxury items
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 19 (ANI): Pakistani Finance Minister Miftah Ismail on Thursday announced the lifting of a ban on imports of non-essential and luxury goods.
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Pakistan's debt reaches new high, jumps to almost PKR 60 trillion
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 16 (ANI): Due to huge currency depreciation and faulty policies of the Shehbaz Sharif-led Pakistan government, the country's debt jumps to a record high of Pakistani Rupee (PKR) 60 trillion.
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Pak Railway officers to visit China for buying bogies despite economic slu
Updated : 3 years, 7 months ago IST
Lahore [Pakistan], August 9 (ANI): Numerous employees of Pakistan are set to visit China in different groups from August 9 to inspect 230 bogies worth USD 149 million despite the economic crunch as Pakistan Railways (PR) continue to face a deficit of more than Rs 45 billion.
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Pakistan bartering High-Value Targets' intel amid FATF pressure, crisis-ri
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 9 (ANI): Pakistan is bartering and bargaining information about High-Value Targets as the country has its own domestic compulsions like financial challenges or pressure from anti-terrorism watchdog Financial Action Task Force (FATF), media reports said.
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Is Pakistan going the Sri Lanka way?
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 8 (ANI): Seventy-five years of the independent polity have been tumultuous and turbulent for the state of Pakistan.
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Pakistan's economic crisis could deepen if Imran Khan wins all nine Assemb
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 6 (ANI): The announcement by former Pakistan Prime Minister Imran Khan that he will contest elections on all nine Assembly seats has sparked furore and concerns across the nation as the already crippling economic situation of the country could be exacerbated if t
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