Search For "pakistan economic crisis"
PTI announces to hold public gathering in Islamabad on August 14
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 6 (ANI): Pakistan Tehreek-i-Insaf has decided to hold a public gathering in Islamabad on August 14, a day after the party gave a one month deadline to the federal government to hold general elections in the country, local media reported.
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Pakistan-China relations could be damaged if Pak provided airspace to US t
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 4 (ANI): Former Pakistan Prime Minister and Pakistan-Tehreek-i-Insaf (PTI) chief Imran Khan on Wednesday said that the relations between Pakistan and China could be seriously damaged if Pakistan provided air space to the United States to conduct an air strike in
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CPEC in trouble with China, Pak's disengagement amid economic crisis
Updated : 3 years, 7 months ago IST
Hong Kong, August 4 (ANI): Almost a decade after Beijing initiated the China-Pakistan Economic Corridor (CPEC), the implementation of its important projects is in jeopardy as Pakistan is heading into an economic crisis while Chinese investments are drying up.
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Pakistan: Price of life-saving medicines might rise by 7 pc amid inflation
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 3 (ANI): The price of life-saving drugs in Pakistan might witness an increase of 7 per cent and the price of other medicines may also hike by up to 10 per cent as per the Drug Pricing Policy of 2018 amid the rising inflation rate in the country.
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General Bajwa's seeking help from US reveals Pakistan's catastrophic econo
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 2 (ANI): COAS (Chief of Army Staff) General Qamar Jawed Bajwa's phone call to US Deputy Secretary of State Wendy Sherman kicked up a storm and shows that Pakistan's economy is in tatters.
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Pakistan's economic chaos: Double-digit inflation of 24.9 pc a 14-year hig
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 1 (ANI): Pakistan Bureau of Statistics (PBS) on Monday reported that the inflation rate in the country has spiked to a 14-year high of 24.9 per cent in the month of July, media reported.
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Political instability, economic chaos trigger crisis in Pakistan
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 31 (ANI): A crisis is brewing in Pakistan amid political instability and economic chaos.
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Poor man's 'Trump' Imran Khan leading Pakistan into a sinkhole: Report
Updated : 3 years, 7 months ago IST
Washington [US], July 31 (ANI): Former Prime Minister Imran Khan is a poor man's 'Trump' as he is creating his own version of new truth about the political system, calling all his opponents thugs, declaring he was the only option to save the state, just like the former US President Donald Tr
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Sri Lanka way? Moody's, Fitch and S&P downgrade Pakistan's rating
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 30 (ANI): Citing the country's weakening economic position, Moody's, then Fitch, and now S&P Global - three major global rating agencies have downgraded Pakistan's long-term rating from stable to negative, according to media reports.
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Pakistani rupee may slump further to PKR 275 per dollar: Report
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): Pakistan is already staring down an economic nightmare and amid this more troubling news keeps coming as IGI Securities Ltd, one of the leading securities firms in Pakistan, said that the Pakistani rupee may slump further to 275 per dollar, media reports
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Bleak future lies in store for Pakistan
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): Pakistan is at a crossroads as most paths lead to further disaster than seen in the last six months.
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Credit agency S&P cut Pakistan's credit outlook rating to negative
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): As Pakistan's economy slumps to a new low, ratings by S&P Global, an American credit rating agency, has cut Pakistan's credit outlook to negative and markets think that Pakistan might soon follow Sri Lanka into debt default and economic crisis, media
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