Search For "pakistan economic"
Pakistan economic crisis intensifies as China refuses to provide debt reli
Updated : 5 years ago IST
Islamabad [Pakistan], May 30 (ANI): Bankrupt Pakistan's debt problems seem to be escalating as it is all weather-ally China has declined to restructure USD 3 billion in liabilities.
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Despite strong opposition, Pakistan's Senate passes CPEC Authority bill
Updated : 5 years ago IST
Islamabad [Pakistan], May 29 (ANI): Despite strong opposition from members of Parliament, Pakistan Prime Minister Imran Khan-led PTI government has passed the bill for the establishment of the China-Pakistan Economic Corridor (CPEC) Authority.
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Pak Cabinet clears special CPEC business visa regime for Chinese investors
Updated : 5 years ago IST
Islamabad [Pakistan], May 27 (ANI): Pakistan Federal Cabinet on Tuesday approved a special China-Pakistan Economic Corridor (CPEC) business visa to facilitate Chinese investors in the country.
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China lauds Pakistan PM Imran Khan's remarks on CPEC project
Updated : 5 years ago IST
Beijing [China], May 25 (ANI): China on Tuesday said it appreciated Pakistan Prime Minister Imran Khan's recent remarks on how the China-Pakistan Economic Corridor (CPEC) project will bring economic progress not only to Pakistan but to the entire region.
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China reluctant to clear USD 6 billion loan for CPEC project
Updated : 5 years, 1 month ago IST
Islamabad [Pakistan], May 9 (ANI): China has shown reluctance to clear a USD 6 billion loan for the single largest project under the China-Pakistan Economic Corridor (CPEC) due to the growing concern over mounting debt.
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Pakistan: Circular debt hits CPEC power projects
Updated : 5 years, 1 month ago IST
Islamabad [Pakistan], May 9 (ANI): Pakistan's flagship CPEC power projects are hit by the circular debt and the Imran Khan government has failed to clear PKR 188 billion due payments in breach of an energy framework agreement with China, The Express Tribune reports.
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Pakistan to seek debt restructuring of CPEC power projects
Updated : 5 years, 1 month ago IST
Islamabad [Pakistan], May 1 (ANI): Islamabad is set to seek debt restructuring of USD 3 billion for the China-Pakistan Economic Corridor (CPEC) energy projects and request China to consider restructuring of the repayments for 10 to 12 years in a bid to eliminate the need for increasing power
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Pakistan's NAB unveils corruption in Gwadar project
Updated : 5 years, 1 month ago IST
Islamabad [Pakistan], April 24 (ANI): While Pakistan Prime Minister Imran Khan-led government "plans" to make Gwadar the "next Dubai" under the China-Pakistan Economic Corridor (CPEC) initiative, the National Accountability Bureau's (NAB) Balochistan chapter has unveiled a total corruption o
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Pakistan hoping for USD 1 billion debt relief from G-20
Updated : 5 years, 1 month ago IST
Islamabad [Pakistan], April 12 (ANI): Pakistan is hoping to get around USD one billion relief from G-20, the Pakistan Economic Affairs Ministry said on Saturday.
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Pakistan may grant two-year visa extension to Chinese nationals
Updated : 5 years, 2 months ago IST
Islamabad [Pakistan], April 7 (ANI): Pakistan government is considering the possibility of giving two years visa extension to Chinese nationals working on the China-Pakistan Economic Corridor (CPEC) projects.
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Pakistan's attempts to build economic ties with US get lukewarm response f
Updated : 5 years, 2 months ago IST
Islamabad [Pakistan], April 6 (ANI): Pakistan is attempting to have ties with the United States that are based on economic support rather than driven by security cooperation, but this approach has been met with a lukewarm response from the Joe Biden administration.
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Signs of unease emerging between China, Pakistan over future of CPEC: repo
Updated : 5 years, 2 months ago IST
Islamabad [Pakistan], April 3 (ANI): Amid lack of progress on the China-Pakistan Economic Corridor (CPEC), subtle signs of unease have emerged between the two countries over the future direction and funding of mega projects, under increasing scrutiny of media and the public.
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