Amid the economic crisis in Pakistan, sugar prices skyrocketed to a record high of 220 Pakistani Rupees (PKR) in the retail markets of Balochistan, ARY News reported on Sunday.
Hakeem Baloch, a journalist and a senior activist of the Baloch National Movement (BNM), who is based in the UK, told ANI that China has been investing heavily in the region for its own economic and military interests
The attack on Chinese convoy near the vital southwestern port of Gwadar, Pakistan on Sunday, can be a major setback for China–Pakistan Economic Corridor (CPEC) as it created fear and uncertainity which is not helpful for investment, reported The Diplomat.
In his farewell address in the National Assembly on Wednesday, Khawaja Muhammad Asif called for collective efforts to put Pakistan on the path of economic stability by use of own resources rather than depending on foreign loans.
Pakistan's economic blindspot continues to be the fact that no amount of IMF bailouts or foreign bailouts will be enough to keep the economy afloat without the nation undertaking a comprehensive structural makeover.
Vice premier of China, He Lifeng, arrived in Pakistan on Sunday for a three-day visit, where he will take part in a ceremony to commemorate the China Pakistan Economic Corridor (CPEC) project's tenth anniversary, Dawn reported.
This key geopolitical issue has been given added prominence, noted TDF President Lord Bruce, by the recent ASEAN conference in Indonesia, during which Indonesian foreign minister Retno Marsudi highlighted the systemic difficulties undermining trust between member states and the ‘sharpening r
“We support the arrangement. It provides a breathing space” to Pakistan, Horst said in a conversation with Washington-based Pakistani journalists on Friday.
The IMF's announcement on Wednesday came after Pakistan Finance Minister Ishaq Dar said that Pakistan received USD 1 billion from the UAE as part of its financial commitment to help Pakistan receive the IMF bailout package.
The growing terrorist risk to Chinese citizens residing in Pakistan and differences over debt repayments have hindered the progress in the Belt and Road Initiative's projects of Islamabad and Beijing.
The frequent attacks on the coal trucks in the Balochistan region is affecting Pakistan's economy and also possesses a risk towards China Pakistan Economic Corridor (CPEC), Asian Lite reported.