Pakistan Economic 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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Cash-Strapped Pak Cuts 150,000 Jobs, Dissolves 6 Ministries As Part Of IMF Deal
In an effort to minimise administrative expenditures, cash-strapped Pakistan on Sunday announced to abolish about 150,000 government posts, close six ministries, and merge two others, as part of reforms agreed upon with the IMF under USD 7 billion lo
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"Will Work Openly Like Any Man": How Pak Women Are Facing Economic Crisis
According to the United Nations, just 21 percent of women participate in Pakistan's work force, most of them in the informal sector and almost half in rural areas working in the fields.
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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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Pakistan Secures $7 Billion Loan Deal With IMF To Boost Faltering Economy
The International Monetary Fund said it reached a new $7 billion loan deal with Pakistan in a bid to bolster its faltering economy.
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Pakistan In Talks With IMF For 24th 'Longer And Larger' Bailout: Report
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.
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Cash-Strapped Pak Bans Red Carpets At Official Events To Cut Costs
Pakistan Prime Minister Shehbaz Sharif has banned the use of red carpets at government events, reserving them exclusively for diplomatic receptions, as part of austerity measures to cut down unnecessary expenditures in the cash-strapped nation.
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Pak PM, Cabinet Ministers To Forgo Salaries Due To Economic Crisis
Pakistan Prime Minister Shehbaz Sharif and his Cabinet on Wednesday unanimously decided to forego their salaries and related benefits due to the precarious economic condition of the country.
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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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Pak President To Not Draw Salary During His Tenure, Cites Economic Crisis
Pakistan's newly-elected President Asif Ali Zardari on Tuesday announced that he would not draw any salary during his tenure as part of his bid to help the cash-strapped country face the challenging economic hardship.
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Pakistan Says Conditions For Next $1.2 Billion IMF Loan Tranche Met: Report
Pakistan has met the IMF's benchmarks for maintaining the status quo in the energy sector - in an outcome that may help to get the next loan tranche of USD 1.2 billion, officials said, ahead of the visit of the global lender's review mission to the c
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Explained: How Bad Is Pakistan's Debt Crisis And Can It Be Saved
Negotiations on a new government in Pakistan have allayed immediate fears of instability in the nuclear-armed nation following inconclusive elections last week, but the risk of a full-scale economic crisis remains.
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In Tight Pakistan Race, Imran Khan Has Lead, Nawaz Sharif Army's Backing
Pakistan, which is struggling to recover from an economic crisis, was dealt another blow when the elections threw up a hung verdict. The country now faces days of political horse-trading as parties try to cobble together leaders to prove majority.
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Pakistan Votes For New Government Today, Analysts Rule Out A Clear Winner
Pakistan votes on Thursday in an election scarred by rising militant attacks, an economic crisis and a deeply polarised political environment, and many analysts believe no clear winner may emerge.
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Pakistan Elections Tomorrow: All You Need To Know
Pakistan, which is reeling under political chaos, a resurgence of militancy and an economic crisis, will go to the national polls on Thursday.
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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.
-
Cash-Strapped Pak Cuts 150,000 Jobs, Dissolves 6 Ministries As Part Of IMF Deal
In an effort to minimise administrative expenditures, cash-strapped Pakistan on Sunday announced to abolish about 150,000 government posts, close six ministries, and merge two others, as part of reforms agreed upon with the IMF under USD 7 billion lo
-
"Will Work Openly Like Any Man": How Pak Women Are Facing Economic Crisis
According to the United Nations, just 21 percent of women participate in Pakistan's work force, most of them in the informal sector and almost half in rural areas working in the fields.
-
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.
-
Pakistan Secures $7 Billion Loan Deal With IMF To Boost Faltering Economy
The International Monetary Fund said it reached a new $7 billion loan deal with Pakistan in a bid to bolster its faltering economy.
-
Pakistan In Talks With IMF For 24th 'Longer And Larger' Bailout: Report
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.
-
Cash-Strapped Pak Bans Red Carpets At Official Events To Cut Costs
Pakistan Prime Minister Shehbaz Sharif has banned the use of red carpets at government events, reserving them exclusively for diplomatic receptions, as part of austerity measures to cut down unnecessary expenditures in the cash-strapped nation.
-
Pak PM, Cabinet Ministers To Forgo Salaries Due To Economic Crisis
Pakistan Prime Minister Shehbaz Sharif and his Cabinet on Wednesday unanimously decided to forego their salaries and related benefits due to the precarious economic condition of the country.
-
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.
-
Pak President To Not Draw Salary During His Tenure, Cites Economic Crisis
Pakistan's newly-elected President Asif Ali Zardari on Tuesday announced that he would not draw any salary during his tenure as part of his bid to help the cash-strapped country face the challenging economic hardship.
-
Pakistan Says Conditions For Next $1.2 Billion IMF Loan Tranche Met: Report
Pakistan has met the IMF's benchmarks for maintaining the status quo in the energy sector - in an outcome that may help to get the next loan tranche of USD 1.2 billion, officials said, ahead of the visit of the global lender's review mission to the c
-
Explained: How Bad Is Pakistan's Debt Crisis And Can It Be Saved
Negotiations on a new government in Pakistan have allayed immediate fears of instability in the nuclear-armed nation following inconclusive elections last week, but the risk of a full-scale economic crisis remains.
-
In Tight Pakistan Race, Imran Khan Has Lead, Nawaz Sharif Army's Backing
Pakistan, which is struggling to recover from an economic crisis, was dealt another blow when the elections threw up a hung verdict. The country now faces days of political horse-trading as parties try to cobble together leaders to prove majority.
-
Pakistan Votes For New Government Today, Analysts Rule Out A Clear Winner
Pakistan votes on Thursday in an election scarred by rising militant attacks, an economic crisis and a deeply polarised political environment, and many analysts believe no clear winner may emerge.
-
Pakistan Elections Tomorrow: All You Need To Know
Pakistan, which is reeling under political chaos, a resurgence of militancy and an economic crisis, will go to the national polls on Thursday.
