Search For "pakistan economic"
Pakistani rupee stands at 200 against US dollar, maintains downturn in mar
Updated : 4 years ago IST
Karachi [Pakistan], May 18 (ANI): While the local currency of Pakistan continues to be on the slippery ground, the Pakistani rupee touched a critical low of 200 in the open market against the US dollar on Wednesday.
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Shehbaz Sharif orders tightening of security for Chinese nationals
Updated : 4 years ago IST
Islamabad [Pakistan], May 17 (ANI): Pakistan Prime Minister Shehbaz Sharif on Tuesday ordered the tightening of security for Chinese nationals working on the China-Pakistan Economic Corridor (CPEC) projects.
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Pakistan: PTI government local representatives protest against unannounced
Updated : 4 years ago IST
Haripur (Khyber-Pakhtunkhwa) [Pakistan], May 17 (ANI): Suffering from an extreme power crunch, the Pakistan Tehreek-e-Insaf's (PTI) local government representatives staged a demonstration outside the Haripur deputy commissioners' office in Khyber-Pakhtunkhwa district of Pakistan.
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Imran Khan's erstwhile government procured USD 52 billion in loans
Updated : 4 years ago IST
Islamabad [Pakistan], May 16 (ANI): The erstwhile Pakistan Tehreek-e-Insaf (PTI) government tops the list amongst the last four administrations in the country with the highest external borrowing of around USD 52 billion in its three-year rule, a media report said.
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Chinese firm reluctant to fund CPEC project citing due payments
Updated : 4 years ago IST
Islamabad [Pakistan], May 16 (ANI): China Export and Credit Insurance company, also called Sinosure, one of the many Chinese companies that have invested in the China-Pakistan Economic Corridor (CPEC), has shown reluctance in funding a hydropower project citing due arrears from the Pakistani
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Former Pak PM Nawaz Sharif to decide next election dates, claims PML-N's M
Updated : 4 years ago IST
Punjab [Pakistan], May 16 (ANI): Pakistan Muslim League Nawaz (PML-N) vice-president Maryam Nawaz on Sunday said that former prime minister Nawaz Sharif will decide when the next elections in the country would be held, and asked PTI chief Imran Khan how would he face the people in the polls
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Shehbaz Sharif govt to abolish China-Pakistan Economic Corridor authority:
Updated : 4 years ago IST
Islamabad [Pakistan], May 15 (ANI): Pakistan government decided to abolish China-Pakistan Economic Corridor (CPEC) Authority, local media reported, adding that all the matters of the project will be handed over to the Planning Commission.
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Pakistan's foreign exchange reserves hit all-time low since December 2019
Updated : 4 years ago IST
Karachi [Pakistan], May 13 (ANI): Trade deficits and increasing current account coupled with dried up dollar inflows, and external debt payments have resulted in an alarming dip in Pakistan's foreign exchange reserves, plunging to a record low since December 2019.
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Pakistani rupee registers all-time low amid falling foreign currency reser
Updated : 4 years ago IST
Islamabad [Pakistan], May 12 (ANI): Ahead of the delay in the revival of the International Monetary Fund (IMF) programme and falling foreign currency reserves, the Pakistani rupee hit an all-time low against the US Dollar, crippling the country's economy further.
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Pakistan PM Shehbaz Sharif, brother Nawaz Sharif decide against early elec
Updated : 4 years ago IST
London [UK], May 12 (ANI): The first session of the crucial Pakistan Muslim League (N) huddle in London decided that there will be no early elections in Islamabad and the primary focus of the Shehbaz Sharif-led government should be on providing economic relief to the citizens and taking long
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Pakistan: Protests in Gilgit Baltistan over secret land deals with China
Updated : 4 years ago IST
Gilgit Baltistan [PoK], May 12 (ANI): Pakistan is surreptitiously leasing out the Upper Hunza Valley to China in the near future to ease its mounting debt burden from the Chinese investment in the now increasingly burdensome China Pakistan Economic Corridor (CPEC) project.
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Pakistan attempting to woo back Chinese fleeing CPEC: Report
Updated : 4 years ago IST
Islamabad [Pakistan], May 9 (ANI): Alarmed by the delays in the execution of the China-Pakistan Economic Corridor (CPEC) projects as a result of the Chinese professionals expressing security concerns, the Shehbaz Sharif government is trying its best to curtail the ongoing China exodus from t
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