Search For "pakistan financial crisis"
Pakistan International Airlines starts partial suspension of flights amid
Updated : 2 years, 8 months ago IST
Pakistan International Airlines has started partial suspension of both its domestic and international flights amid the ongoing fiscal crunch, The Express Tribune reported on Saturday.
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Pakistan's unemployed figure to reach 5.6 million this year
Updated : 2 years, 8 months ago IST
According to the ILO estimates, Pakistan’s employment-to-population ratio in 2023 fell well below its pre-crisis trend line at 47.6pc, while the number of unemployed persons is expected to reach 5.6m — a surge of 1.5m since 2021.
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Pakistan: Punjab govt stops arrears, time scale payments to employees, off
Updated : 3 years ago IST
Pakistan's Punjab government has stopped all types of arrears, and time scale payments to employees and officers due to the severe financial crisis and for the preparation of the new budget, Pakistan-based English language newspaper Pakistan Today reported.
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Pakistan: Financial crisis affects many primary projects
Updated : 3 years, 1 month ago IST
Islamabad has often struggled to fund important initiatives related to its international missions. In the past, there have been reports concerning difficulties encountered by Pakistani embassies in releasing salaries that have been overdue for several months. It routinely fails to pay salari
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Pakistan economist Pervez Tahir calls for resumption of trade with India
Updated : 3 years, 3 months ago IST
Pervez Tahir recommended that the income of big landholders must be subjected to normal income taxation.
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Former Pakistan PM Imran Khan terms IMF deal as "treatment of cancer with
Updated : 3 years, 3 months ago IST
Imran Khan said the IMF agreement will only provide temporary relief as it will eventually lead the country to a major disaster as the burden of loans will continue to increase.
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Pakistan may head towards bankruptcy: report
Updated : 3 years, 4 months ago IST
Pakistan is running out of money and at the same time the country is witnessing a spike in food prices, on a path to bankruptcy.
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IMF to work with international community to support flood-ravaged Pakistan
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], September 18 (ANI): The International Monetary Fund (IMF) on Sunday said that it will work with the international community to support flood relief and reconstruction efforts in Pakistan following the devastating floods.
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Pak PM Shehbaz cites flaws in economic model amid severe financial crisis
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], August 16 (ANI): Pakistani Prime Minister Shehbaz Sharif has indirectly admitted the country's ongoing financial crisis, by citing three critical structural flaws in the country that have prevented its so-called economic growth.
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It's high time for Afghanistan to end its dependency on Pakistan: report
Updated : 3 years, 10 months ago IST
Kabul [Afghanistan], July 23 (ANI): Crisis-ridden Afghanistan has been badly impacted by the economic, and political instability of Pakistan.
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