Search For "pakistan economic"
Pakistan faces fresh political confrontation
Updated : 3 years, 9 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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Surge in Pakistan's circular debt continues, CPEC dues cross PKR 220 billi
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], September 6 (ANI): Despite the payment of PKR 50 billion for the CPEC power project in June by the government, the piling up of unpaid payments has only skyrocketed in Pakistan.
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Floods in Pakistan cause economic loss to the tune of USD 12.5 billion
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], September 5 (ANI): The estimated economic loss to Pakistan from floods has increased from USD 10 billion to USD 12.5 billion.
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IMF's wake-up call to Pakistan: New CPEC investments pose risk to debt sus
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], September 4 (ANI): The International Monetary Fund (IMF) has reiterated that any new investments in the China-Pakistan Economic Corridor (CPEC) projects' could pose a risk to debt sustainability in Pakistan, media reports said.
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Pakistan's political instability worsens economic crisis in country
Updated : 3 years, 9 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, 9 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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Pakistan: Sindh activists organize event to raise awareness on enforced di
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], August 30 (ANI): On the international Day of the Victims of Enforced Disappearances, Jeay Sindh Freedom Movement (JSFM) has organized an event as part of an "awareness campaign".
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IMF, Pakistan to meet today for key talks on loan plans
Updated : 3 years, 9 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, 9 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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China turns down rumours of CPEC slowdown during Imran Khan's tenure
Updated : 3 years, 9 months ago IST
Karachi [Pakistan], August 25 (ANI): The reports of the slowdown of the China-Pakistan Economic Corridor (CPEC) under Imran Khan's Pakistan Tehreek-e-Insaf regime has been refuted by China's consul general in Karachi, Li Bijian as he ruled out a disagreement between Pakistan and the Chinese
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Pak to receive 20 pc cost of five CPEC projects from Chinese firm to get b
Updated : 3 years, 9 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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CPEC failed to bring any investments in Pakistan
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], August 20 (ANI): Almost a decade after Beijing initiated the China-Pakistan Economic Corridor (CPEC), the implementation of several of its important projects in Pakistan failed to generate any investments for the country which is headed into an economic crisis.
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