Search For "pakistan economic crisis"
Pakistan on brink of economic collapse
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 28 (ANI): With the depleting foreign currency reserves and rising inflation, Pakistan is on the brink of economic collapse and heading towards a path similar to the economic downfall of Sri Lanka.
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Deteriorating economy, political uncertainty hit China-led Gwadar Port Pro
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 28 (ANI): China, the sole investor in the Gwadar projects are hesitating to invest amid uncertainties as the ongoing economic crisis and political instability in Pakistan are hitting Chinese investment sentiments.
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No harm in appointing next army chief before time: Pakistan President
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 26 (ANI): Pakistan President Arif Alvi on Tuesday said that there was no harm in appointing the next army chief before the expiry of the incumbent's term, local media reported.
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Pharma MNCs finding it difficult to survive in Pakistan
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 25 (ANI): Several foreign pharmaceutical multinational corporations (MNCs) are planning to move out of Pakistan after the government imposed heavy taxes on active pharmaceutical ingredients (APIs) and other raw materials which has led to a spike in production costs
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Pakistan continues to import luxury items despite ban
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 24 (ANI): To pull the country out of the economic crisis, Pakistan had put a ban on the import of luxury items however country's finance minister now said that Islamabad continues to allow these imports.
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Pakistan: The Nuclear Power without a Stable Economy
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 24 (ANI): Pakistan may have nuclear capabilities however the country is fighting with its fast exhausting foreign currency reserves and widening fiscal and current account deficits, along with a rupee that has lost almost 20 per cent of its value in just 7 month
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Pakistani rupee, stocks continue downward trend, experts blame country's p
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 21 (ANI): With the rupee hitting a record low level, losses at the Pakistan Stock Exchange (PSX), high inflation and low forex reserves of the country recently, experts in Pakistan believe that the delay in the loan facility from IMF and domestic political upheaval
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Pak: Business community warns of Sri Lanka-like crisis as rupee in freefal
Updated : 3 years, 7 months ago IST
Karachi [Pakistan], July 21 (ANI): As the dollar touched an all-time high of 224.92 against the Pakistani rupee, the business community gathered at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to analyse the looming threat of a Sri Lanka-like economic emergency.
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Pakistan's looming collapse should worry the world: Experts
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 15 (ANI): With a shrinking economy and rising inflation in Pakistan, experts worry that Pakistan's future is bleak saying that while Sri Lanka's collapse worries the region, Pakistan's collapse should also be a cause for concern.
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Sri Lanka crisis sends warning signals to debt-ridden Pakistan
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 15 (ANI): The economic meltdown in Sri Lanka triggering unrest and unprecedented political upheaval has sent alarm bells ringing in the Indian Ocean region and the loudest among them is in Pakistan, according to foreign policy analysis.
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Pakistan: Govt targeting journalists, says former Minister Rasheed
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 8 (ANI): Pakistan's former Home Minister Shaikh Rasheed on Friday said that the government is targeting journalists in the country.
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IMF intends to ban Pakistan from seeking more Chinese loans: Reports
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 6 (ANI): The International Monetary Fund (IMF) intends to ban Pakistan from borrowing more from China, according to reports.
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