Pakistanis have largely lost faith in the coalition government headed by Prime Minister Shehbaz Sharif, having failed to carry out any of the much-needed economic reforms in the country.
Ship agents have warned the Pakistani government that all export cargoes could stop as foreign shipping lines are considering halting their services for Pakistan after banks stopped remitting freight charges to them for lack of dollar availability, the Dawn reported.
Khan while addressing media persons in Lahore on Tuesday said: "Two families have been looting the country for 30 years. Over 750,000 Pakistanis have left the country ... there is a fear of where Pakistan is going [under the PML-N led coalition government]."
Ishaq Dar stressed that Pakistan was on the verge of default in 2013. However, their government was able to move the country out of the crisis by using "good economic steps."
The measures taken in view of the financial emergency include that all government vehicles used by officers (entitled) should not be given over 120 litres of fuel per month. Employees travelling out of town, city or village on official work should be given two DAs according to their grade an
The committee held a meeting under the chairmanship of Qasier Ahmed Sheikh. Members of the National Assembly from PML-N have expressed concerns over the continuous increase in inflation rate and higher dollar value.
Islamabad [Pakistan], August 1 (ANI): Pakistan government on Sunday increased diesel prices by Rs 8.95 per litre amid the fluctuations in petroleum prices in the international market and exchange rate variation, local media reported.
Islamabad [Pakistan], July 17 (ANI): Pakistan's dismal record in labour conditions, human rights, religious freedom and governance can turn out to be roadblocks in its attempts to secure a General System of Preferences (GSP) favour from the United States, according to a media report.
Islamabad [Pakistan], July 17 (ANI): The World Bank has approved USD 200 million to spur agricultural growth in Pakistan's Punjab province amid the dwindling economy of the country.
Islamabad [Pakistan], July 17 (ANI): In an attempt to stabilise the country's economy, Pakistan has assured the International Monetary Fund (IMF) that it would try to receive concessions from China-Pakistan Economic Corridor (CPEC) power plants.