Pakistan Crisis News

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 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.

The International Monetary Fund (IMF) confirmed that the talks with Pakistan are underway on the 24th 'longer and larger' bailout programme under the Extended Fund Facility (EFF), reported ARY News.

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, which is reeling under political chaos, a resurgence of militancy and an economic crisis, will go to the national polls on Thursday.

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.

Under crisis, Pakistan has received USD 700 million from the International Monetary Fund (IMF) as part of its ballout programme, Geo News reported quoting State Bank of Pakistan (SBP) governor Jameel Ahmed on Wednesday.

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 International Airlines (PIA) is grappling with a dire financial crisis, resulting to grounding of several Boeing 777 aircraft due to insufficient funds for maintenance, as reported by ARY News on Friday.

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.

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.

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.

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.

Amid a major financial crisis, Pakistan International Airlines (PIA) cancelled several domestic and international flights, ARY News reported on Thursday.

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.

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 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.

The International Monetary Fund (IMF) confirmed that the talks with Pakistan are underway on the 24th 'longer and larger' bailout programme under the Extended Fund Facility (EFF), reported ARY News.

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, which is reeling under political chaos, a resurgence of militancy and an economic crisis, will go to the national polls on Thursday.

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.

Under crisis, Pakistan has received USD 700 million from the International Monetary Fund (IMF) as part of its ballout programme, Geo News reported quoting State Bank of Pakistan (SBP) governor Jameel Ahmed on Wednesday.

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 International Airlines (PIA) is grappling with a dire financial crisis, resulting to grounding of several Boeing 777 aircraft due to insufficient funds for maintenance, as reported by ARY News on Friday.

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.

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.

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.

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.

Amid a major financial crisis, Pakistan International Airlines (PIA) cancelled several domestic and international flights, ARY News reported on Thursday.

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.