Amid the economic crisis, Pakistan Prime Minister Shehbaz Sharif vowed to get his country out of foreign debt, declaring that the country would get rid of the International Monetary Fund (IMF), Geo News reported.
Titled "Gwadar's Reality: Unearthing Ecocide, Indigenous Narratives, and Uniting Baloch for Survival," the event will highlight the suppression of the Pakistani administration of the Baloch community.
This comes after incarcerated former PM Imran Khan penned a letter to the IMF, urging the global lender to give the poll results a thorough once-over before cutting any new cheques for Islamabad.
The multi-billion-dollar China-Pakistan Economic Corridor (CPEC) stood 'exposed' as the relief aid could not reach the flood-affected people in Gwadar despite tall claims made for the project.
The International Monetary Fund (IMF) on Tuesday lowered Pakistan's economic growth forecast to two per cent for the current fiscal year, down 0.5 percentage points from its October estimate of 2.5 per cent, Dawn newspaper reported.
The China-Pakistan Economic Corridor (CPEC) Highway in Pakistan's Turbat was blocked after a case of enforced disappearance came to the fore, Balochistan Post reported.
Human Rights Watch observed that the insistence of the International Monetary Fund (IMF) on austerity and the removal of subsidies without adequate compensatory measures resulted in additional hardship for low-income groups in Pakistan.
Amid the crippling economic woes in Pakistan, the Executive Board of the International Monetary Fund (IMF) completed its first review of the country's economic reform programme and allowed the immediate disbursement of USD 700 million, ARY News reported on Thursday.
Sources suggest that PIA cannot afford to pay more than PKR 8 billion in interest on the PKR 260 billion loan. The commercial banks involved in lending to PIA include the National Bank and Bank of Punjab, along with eight other commercial banks.
It reported that the agency maintained Pakistan's long-term foreign currency issuer default rating at 'CCC' and noted that it expects general elections to take place as scheduled and produce a coalition government "along the lines of Shehbaz Sharif's government".