Pak Internal Crisis
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'Surprised To See A Nation Begging For...': Indian Navy Chief On Pak Navy
Indian Navy Chief Admiral Dinesh Tripathi on Monday expressed concerns about Pakistan getting equipment and weapon support from China saying it is very surprising how an economy that is "faltering and begging" for international assistance.
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China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
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Pak President Asif Ali Zardari To Forgo Salary Amid Economic Crisis: Report
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, The Express Tribune reported.
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Pakistan Faced Worst Economic Crises In 2023: Human Rights Body
Human Rights Watch (HRW) has said that Pakistan faced one of the worst economic crises in 2023, with poverty, inflation and unemployment soaring, jeopardising millions of people's rights to health, food, Dawn newspaper reported.
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World Bank Explains Why Pakistan's Economic Development Ineffective, Limited
In the wake of the economic crisis in Pakistan, World Bank Country Director for Pakistan, Najy Benhassine said that Pak's economic development is limited to the elite which resulted in the country lagging behind its fellow countries.
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Pakistan Airlines Cancels 26 Flights Amid Financial Crisis: Report
Pakistan International Airline (PIA) flights have been severely affected as Pakistan State Oil (PSO) stopped fuel supply to the national carrier over non-payment of dues to the company, Geo News reported on Monday.
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IMF Proposes Cash-Strapped Pak To Adopt Austerity In New Projects: Report
The International Monetary Fund (IMF) has reportedly proposed tight austerity conditions in Pakistan's development budget and expressed concern over the allocation of funds for new projects in the current financial year, ARY News reported.
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World Bank's Warning To Pakistan Ahead Of General Polls
Pakistan is on brink of crisis where it should decide to remain a laggard with 40% population living below poverty line under elite capture or change course to take off for a brighter future.
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"Canada Has Taken Role Of What Pak Used To Be Earlier": Congress MP
Amid continuous escalation in the diplomatic crisis between India and Canada, Congress MP Ravneet Singh Bittu on Thursday said that Ottawa has taken the role of how Pakistan used to be earlier.
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Imran Khan's Corruption, Bad Governance Cause Of Economic Crisis: Pak PM
Former Prime Minister Imran Khan's corruption and bad governance were the actual cause of the economic malaise in the country, Pakistan PM Shehbaz Sharif said, ARY News reported on Sunday.
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Pak Forced To Outsource Islamabad Airport Due To Forex Crisis: Report
Amid the continuously depleting forex reserves, the Government of Pakistan has been pushing for outsourcing the operations of major airports.
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Pak Politics Seen Key To Deliver On Last-Gasp $3 Billion IMF Bailout
Pakistan won vital breathing space from a potential debt default thanks to a draft agreement with the International Monetary Fund, but political stability will prove key to the South Asian economy in coming months.
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"Acute Food Insecurity In Pak Likely To Rise In Coming Months": Report
Acute food insecurity in Pakistan is likely to rise in the next months if the country's economic and political turmoil intensifies, aggravating the consequences of the 2022 floods, according to a new United Nations report released on Monday, Dawn rep
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Pak Listed In 15 Worst Countries Under Enormous Debt Stress: Report
Amid its mounting external debt, Pakistan is listed among the 15 countries globally which are under enormous debt stress, Business Recorder reported.
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Hostile Attitude Of Pak Government Forces Multinationals To Flee Country
Companies choosing to enter Pakistan despite the ongoing forex crisis are troubled by the erratic policies of the government and the State Bank of Pakistan, reported Asian Lite International.
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'Surprised To See A Nation Begging For...': Indian Navy Chief On Pak Navy
Indian Navy Chief Admiral Dinesh Tripathi on Monday expressed concerns about Pakistan getting equipment and weapon support from China saying it is very surprising how an economy that is "faltering and begging" for international assistance.
-
China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
-
Pak President Asif Ali Zardari To Forgo Salary Amid Economic Crisis: Report
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, The Express Tribune reported.
-
Pakistan Faced Worst Economic Crises In 2023: Human Rights Body
Human Rights Watch (HRW) has said that Pakistan faced one of the worst economic crises in 2023, with poverty, inflation and unemployment soaring, jeopardising millions of people's rights to health, food, Dawn newspaper reported.
-
World Bank Explains Why Pakistan's Economic Development Ineffective, Limited
In the wake of the economic crisis in Pakistan, World Bank Country Director for Pakistan, Najy Benhassine said that Pak's economic development is limited to the elite which resulted in the country lagging behind its fellow countries.
-
Pakistan Airlines Cancels 26 Flights Amid Financial Crisis: Report
Pakistan International Airline (PIA) flights have been severely affected as Pakistan State Oil (PSO) stopped fuel supply to the national carrier over non-payment of dues to the company, Geo News reported on Monday.
-
IMF Proposes Cash-Strapped Pak To Adopt Austerity In New Projects: Report
The International Monetary Fund (IMF) has reportedly proposed tight austerity conditions in Pakistan's development budget and expressed concern over the allocation of funds for new projects in the current financial year, ARY News reported.
-
World Bank's Warning To Pakistan Ahead Of General Polls
Pakistan is on brink of crisis where it should decide to remain a laggard with 40% population living below poverty line under elite capture or change course to take off for a brighter future.
-
"Canada Has Taken Role Of What Pak Used To Be Earlier": Congress MP
Amid continuous escalation in the diplomatic crisis between India and Canada, Congress MP Ravneet Singh Bittu on Thursday said that Ottawa has taken the role of how Pakistan used to be earlier.
-
Imran Khan's Corruption, Bad Governance Cause Of Economic Crisis: Pak PM
Former Prime Minister Imran Khan's corruption and bad governance were the actual cause of the economic malaise in the country, Pakistan PM Shehbaz Sharif said, ARY News reported on Sunday.
-
Pak Forced To Outsource Islamabad Airport Due To Forex Crisis: Report
Amid the continuously depleting forex reserves, the Government of Pakistan has been pushing for outsourcing the operations of major airports.
-
Pak Politics Seen Key To Deliver On Last-Gasp $3 Billion IMF Bailout
Pakistan won vital breathing space from a potential debt default thanks to a draft agreement with the International Monetary Fund, but political stability will prove key to the South Asian economy in coming months.
-
"Acute Food Insecurity In Pak Likely To Rise In Coming Months": Report
Acute food insecurity in Pakistan is likely to rise in the next months if the country's economic and political turmoil intensifies, aggravating the consequences of the 2022 floods, according to a new United Nations report released on Monday, Dawn rep
-
Pak Listed In 15 Worst Countries Under Enormous Debt Stress: Report
Amid its mounting external debt, Pakistan is listed among the 15 countries globally which are under enormous debt stress, Business Recorder reported.
-
Hostile Attitude Of Pak Government Forces Multinationals To Flee Country
Companies choosing to enter Pakistan despite the ongoing forex crisis are troubled by the erratic policies of the government and the State Bank of Pakistan, reported Asian Lite International.
