Search For "pakistan economic"
Pakistan in catch-22 situation on IMF, CPEC: Report
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], June 14 (ANI): Amid the political instability and debt payments for power plants coming up under the China-Pakistan Economic Corridor (CPEC), IMF's threat to delay the release of the USD 3 billion bailouts from six billion has pushed the Islamabad into an economic crisi
Read More
Imran Khan hold Shehbaz govt 'accountable' for Pak's political collapse
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], June 13 (ANI): Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Sunday slammed the Shehbaz government saying they tried to abolish the National Accountability Bureau (NAB) and the Federal Investigation Agency (FIA) while he blamed the premier's failed leadership for P
Read More
Pakistan's political parties blame each other for economic crisis in the c
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], June 13 (ANI): Pakistan's political parties, the incumbent Pakistan Muslim League-Nawaz (PML-N) government and the ousted Pakistan Tehreek-e-Insaf (PTI) government led by Imran Khan on Sunday blamed each other for the economic mess in the country.
Read More
Stop attacks on Chinese nationals in Pakistan, Beijing tells Gen Bajwa
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], June 13 (ANI): Highlighting the attacks on Chinese nationals in Pakistan, Beijing on Sunday asked Pakistan's Army Chief General Qamar Javed Bajwa to stop attacks on its nationals who are working on the China-Pakistan Economic Corridor projects in the Balochistan region.
Read More
China's CPEC damaging environment in Pakistan's Gilgit-Baltistan
Updated : 3 years, 12 months ago IST
Gilgit Baltistan [PoK], June 11 (ANI): Although Pakistan termed the China-Pakistan Economic Corridor, CPEC as a game-changer for the country's ailing economy but the fact of the matter is that Chinese mega projects are showing an adverse impact on Gilgit-Baltistan's environment leading to un
Read More
Pakistan's total public debt exceeded PKR 44 trillion by end of Imran Khan
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], June 10 (ANI): The total public debt of Pakistan was PKR 44,366 billion at the end of March 2022, and had increased by PKR 4,500 billion over the first nine months of the outgoing fiscal year, according to the Pakistan Economic Survey 2021-22.
Read More
IMF asks Pakistan to reopen CPEC deal ahead of payment to China
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], June 9 (ANI): Putting Islamabad in a tight spot, the International Monetary Fund (IMF) has asked Pakistan to renegotiate the China-Pakistan Economic Corridor (CPEC) energy deals before making payments of around Pakistani rupees 300 billion to the Chinese power plants.
Read More
Pak: Prices of essential items out of reach of common man, Shehbaz govt at
Updated : 4 years ago IST
Islamabad [Pakistan], June 7 (ANI): It's been 45 days since the Shehbaz Sharif government came to power in Pakistan, the daily essentials are getting costly and have become out of reach of the common man due to recent hikes in petrol prices and power tariff, a local media report stated.
Read More
China 'directly responsible' for grim economic situation of Pakistan
Updated : 4 years ago IST
Islamabad [Pakistan], June 3 (ANI): Chinese firms are enjoying the lion's share of benefits from the China-Pakistan Economic Corridor (CPEC) and its ill effect is directly affecting the local people of Pakistan.
Read More
Pakistan agrees to fast-track CPEC projects after Chinese firms warn of 's
Updated : 4 years ago IST
Islamabad [Pakistan], May 30 (ANI): After the Chinese firms involved in China-Pakistan Economic Corridor (CPEC) warned of shutting down their projects in the country due to an increase in fuel prices, Prime Minister Shehbaz Sharif is proactively engaged in the resolution of issues.
Read More
Pakistan in dire need of USD 36 billion to avert economic collapse
Updated : 4 years ago IST
Karachi [Pakistan}, May 29 (ANI): Amid the depleting foreign currency reserves and crashing economy, Pakistan is in dire need of USD 36-37 billion in foreign financing in the next fiscal year.
Read More
Appreciate India's support in difficult period, look forward to strengthen
Updated : 4 years ago IST
Colombo [Sri Lanka], May 28 (ANI): Sri Lankan Prime Minister Ranil Wickremesinghe on Friday praised India for extending support amid the continuing economic crisis and expressed a desire to further strengthen ties between the two nations.
Read More