Search For "pakistan economic"
Pak Army using jihadist assets to target Balochs opposing CPEC
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], May 9 (ANI): The Pakistani Army is using jihadist assets to target separatist groups in Balochistan who have been opposing the China Pakistan Economic Corridor (CPEC) for exploiting the province's resources and denying locals any share.
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Pakistan PM Shehbaz accuses Imran Khan of ruining CPEC projects
Updated : 4 years, 1 month ago IST
Lahore [Pakistan], May 8 (ANI): Prime Minister Shehbaz Sharif on Sunday accused former Prime minister Imran Khan of ruining the multibillion-dollar China-Pakistan Economic Corridor projects, by conducting a forensic audit of the projects which angered the Chinese authorities.
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Only 3 CPEC projects completed in Pakistan's Gwadar
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], May 8 (ANI): In the past seven years, Pakistan could only complete three China-Pakistan Economic Corridor (CPEC) projects in Gwadar while one-dozen schemes costing nearly USD 2 billion remain unfinished including those of water supply and electricity.
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IMF to discuss subsidies on petroleum products, electricity and gas on arr
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], May 8 (ANI): International Monetary Fund's special delegation is all set to arrive in Pakistan to discuss the budget recommendations alongside subsidies on petroleum, electricity and gas with the federal government.
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Pakistan's trade deficit swells to USD 39.3 billion in ten months
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], May 7 (ANI): Pakistan's trade deficit swelled to a massive USD 39.3 billion in the last 10 months of the fiscal year 2021-22, putting pressure on the country's foreign currency reserves in a sign of the worsening economic woes of the country, a media report said.
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Delay in CPEC projects sowing frustration in Pakistan, China: Report
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], May 7 (ANI): Amid long delays in the completion of projects and building up arrears, the once much celebrated China-Pakistan Economic Corridor (CPEC) from China's Xinjiang province, running up to Gwadar in Balochistan, is increasingly becoming dysfunctional leading to i
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Pakistan, UAE agree on strengthening bilateral economic cooperation
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], May 4 (ANI): A group of economic experts from the United Arab Emirates met the newly-elected Pakistan Prime Minister Shehbaz Sharif on Tuesday to strengthen the "bilateral economic cooperation" between the two nations.
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Structural weakness of Pakistani economy driving away investors: Report
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], May 3 (ANI): The long-standing structural weakness of Pakistan's economy, aggravated by the global challenges of the COVID-19 pandemic and the Ukraine-Russia war, is scaring away the investors in the country, according to a media report.
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EU toughens stance on compliances with Pakistan under GSP Plus
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], May 3 (ANI): Tightening sanctions on Pakistan's compliance under GSP Plus, the European Union is proposing to add five new conventions to reinforce the social, labour, environmental and climate dimensions of the scheme, as the current framework expires at the end of 202
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Pakistan records two-year high inflation in April
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], May 2 (ANI): Amid the declining economy in Pakistan, the month of April recorded two-year high inflation of 13.37 per cent as measured by the Consumer Price Index (CPI) on Sunday.
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Pakistan likely to face acute water shortage within three years
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], May 2 (ANI): Of all the crises confronting Pakistan today, water scarcity is the least talked about but most challenging for a country where over 30 million citizens have no access to clean drinking water. In three years, Pakistan will be staring at acute water scarcity
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CPEC alienates people in Gilgit Baltistan, advances Chinese interests: Rig
Updated : 4 years, 1 month ago IST
Gilgit Baltistan [PoK], May 1 (ANI): As China continues to advance its hefty projects in Gilgit-Baltistan, regional experts have contended that China-Pakistan Economic Corridor (CPEC) is only advancing Chinese interests in the region and alienated the people of illegal occupied region.
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