In its weekly bulletin, the State Bank of Pakistan (SBP) said that its foreign exchange reserves have decreased as of the week ended March 24, which will provide an import cover of less than a month.
The development comes as the third round of Pakistan-China bilateral political consultations (BPC) was held in Beijing. Pakistan's delegation was led by Foreign Secretary Asad Majeed Khan.
Bilawal while speaking during an interview with The Daily Show, said: "Unfortunately, Pakistan is facing a perfect storm. Not only do we have heightened partisanship and political polarisation, to the extent that political parties or political stakeholders aren't even in a position to sit in
While addressing a Press conference on the outcome of the Women in Islam Conference and Commemoration of the First Islamophobia Day, on the sidelines of the Commission on the Status of Women (CSW), while answering a Media question, Pakistan Foreign Minister Bilawal Bhutto referred to Indi
Foreign Minister of Pakistan Bilawal Bhutto Zardari has claimed that the International Monetary Fund (IMF) is not being "fair" to Pakistan, as the country is facing serious crises. In an interview with the Associated Press on Friday, Bilawal Bhutto said that Pakistan was facing an economic c
While addressing the United Nation Security Council, on Tuesday, India's Permanent Representative to the UN Ambassador Ruchira Kamboj said, "Let me dismiss the frivolous, baseless and politically motivated remarks made by the delegate of Pakistan regarding the Union territory of Jammu and
Speaking at a conference in Vehari, Asif Ali Zardari said that PPP would contest the next elections on the "arrow" symbol and not for an alliance with the ruling PDM.
Zardari in an interview with German broadcaster DW Urdu said that the Pakistan Tehreek-e-Insaf (PTI) government had asked the Taliban to facilitate reconciliation with the TTP and had plans to resettle the militants in Pakistan.
According to the GB tourism department, no foreign expedition or trekking group has been issued a permit this winter season, which usually lasts from November to February.
The News International newspaper reported that Pakistan is facing an acute shortage of dollars and has less than USD 5 billion in its reserves with its State Bank. The report said this is hardly sufficient to finance three-week of its imports. Last year, the imports of these transportation v