Search For "pakistan economic"
China envoy reaffirms commitment to Pakistan's socio-economic development
Updated : 2 years, 1 month ago IST
Amid the recent incident of killings of Chinese nationals in Pakistan, the Ambassador of China to Pakistan, Jiang Zaidong, said on Thursday that Chinese staff and workers at different China Pakistan Economic Corridor (CPEC)-related projects will continue to contribute to Pakistan's socio-eco
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IMF projects Pakistan's fiscal gap to widen to 7.4pc of GDP
Updated : 2 years, 1 month ago IST
Projecting stagnant tax-to-GDP ratios over the next five years, the IMF estimated the figure, which is almost 1 per cent higher than 6.5 per cent target set by the federal government.
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Baloch population could become minority by 2048 amid rising Chinese influe
Updated : 2 years, 1 month ago IST
Shabir Choudhry, a prominent writer and activist based in London, has issued a stark warning regarding the China-Pakistan Economic Corridor (CPEC), a multi-billion-dollar connectivity project, predicting a bleak future for the Baloch people.
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People in Balochistan protest over unlawful acts by levies officials
Updated : 2 years, 2 months ago IST
The locals, drivers and transporters in the Kech area of Balochistan launched a protest, raising their voices against the alleged acts of corruption, extortion, and violence they face at a levies checkpoint, The Balochistan Post reported.
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Pakistan faces challenge of economic reforms amid weak coalition governmen
Updated : 2 years, 2 months ago IST
Amid the staggering economic crisis, Pakistan's biggest challenge now is fiscal consolidation and reforms amid a weak coalition government and political instability stemming from accusations of electoral fraud, the Washington-based Institute of International Finance (IIF) has said, Dawn repo
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Pakistan government hikes petrol price by PKR 9.66 per litre
Updated : 2 years, 2 months ago IST
After this new hike, the price of petrol surged to PKR 289.41 per litre from the previous PKR 279.75, while the price of high speed diesel (HSD) decreased by PKR 3.32 to PKR 282.24 per litre.
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Baloch Human Rights activist highlights negative impacts of CPEC in Baloch
Updated : 2 years, 2 months ago IST
Khurshid Ahmed, the Information Secretary of the Baloch Human Rights Council, highlighted the negative implications of the China-Pakistan Economic Corridor (CPEC) in Pakistan's province of Balochistan.
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Pakistan to seek fresh IMF bailout package of over USD 8 billion
Updated : 2 years, 2 months ago IST
The country is expected to seek a fresh IMF bailout package of over USD 8 billion with the possibility of augmentation through climate finance on the occasion of upcoming spring meetings of Breton Wood Institutions, known as the IMF/World Bank, scheduled to be held in Washington, DC, from Ap
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Pakistan assures IMF not to allocate additional budget for China-Pakistan
Updated : 2 years, 2 months ago IST
The outstanding dues of power projects of China-Pakistan Economic Corridor (CPEC) alarmingly increased to a record PKR 493 billion or USD 1.8 billion as of end January. The amount was PKR 214 billion or 77 per cent higher than June last year.
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UNHRC: Activist highlights appalling conditions of Baloch community in Pak
Updated : 2 years, 2 months ago IST
Speaking at the session, Naela highlighted the suppression of Pakistan administration on the people of Balochistan and how the so-called multi-billion dollar projects of the China-Pakistan Economic Corridor have now become a testament to the struggle of the Baloch community.
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UKPNP chairman raises concerns over China-Pakistan Economic Corridor's adv
Updated : 2 years, 2 months ago IST
Kashmiri emphasised that the rules of business in GB disproportionately favour Pakistan, neglecting the basic needs and rights of the local population. He also raised concerns about the severe environmental impact of the CPEC, stating that it has caused irreparable harm to the region.
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Pakistan President Zardari declares salary waiver amid economic crisis
Updated : 2 years, 2 months ago IST
Pakistan President Asif Ali Zardari announced on Tuesday his decision to forgo his salary while in office, citing the economic challenges faced by the country.
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