Search For "pakistan economic"
Chinese-built power plant shutdown triggers misery in Pakistan
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 31 (ANI): One of the biggest hydro-power plants in Pakistan which were constructed by a Chinese firm on river Neelam has come to a grinding halt due to geological failure deep inside the tunnel which diverts water from the river to the power plant.
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Poor man's 'Trump' Imran Khan leading Pakistan into a sinkhole: Report
Updated : 3 years, 10 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, 10 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, 10 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, 10 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, 10 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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Baloch separatist leader hits out at China for exploiting Balochistan in n
Updated : 3 years, 10 months ago IST
Quetta [Pakistan], July 29 (ANI): A Baloch separatist leader strongly urged China to stop the China Pakistan Economic Corridor (CPEC) project in Balochistan as it has forcibly displaced lakhs of indigenous people and destroyed their properties.
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India strongly objects to possible expansion of CPEC projects to third cou
Updated : 3 years, 10 months ago IST
New Delhi [India], July 28 (ANI): India on Thursday strongly objected to the expansion of the China-Pakistan Economic Corridor (CPEC) projects in any third country while expressing concern about its sovereignty and territorial integrity.
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Pakistan on brink of economic collapse
Updated : 3 years, 10 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, 10 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, 10 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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Third-party involvement in "so-called CPEC" projects to be treated accordi
Updated : 3 years, 10 months ago IST
New Delhi [India], July 26 (ANI): The Ministry of External Affairs (MEA) on Tuesday said that the government has seen reports about third countries participating in projects of the China-Pakistan Economic Corridor (CPEC) Projects, and any such activity by any party directly infringed on I
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