Pakistan Economy 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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Pakistan Braces For "Transitional Pain" As IMF Approves $7 Billion Loan
Pakistan said Thursday it would have to go through "transitional pain" after the International Monetary Fund agreed to a new relief package of $7 billion to bolster its faltering economy.
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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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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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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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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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Cash-Strapped Pakistan Lost Over $8 Billion In Remittances, Exports In FY23: Report
Due to a lack of attention to these two big inflows, Pakistan lost considerably more than it received from IMF borrowings and inflows from other sources.
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IMF Says $3 Billion Loan Will Help Pakistan Stabilise Ailing Economy
The IMF has said that the recently approved USD 3 billion loan programme will provide much-needed relief for Pakistan as it would anchor the cash-starved country's immediate efforts to stabilise its economy and ensure that the current balance of
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Pakistan PM Hopeful For $3 Billion Bailout Approval From IMF
Pakistan's Prime Minister Shehbaz Sharif said on Wednesday he was hopeful that $3 billion short-term bailout from the International Monetary Fund would be approved by the multilateral lender's board when it meets on July 12.
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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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Imran Khan's Arrest Comes As Another Blow To Pak's Crippling Economy
The arrest of former Pakistan Prime Minister Imran Khan and the call from his party for nationwide protests present another blow to the nuclear-armed country struggling with an economic crisis.
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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.
-
Pakistan Braces For "Transitional Pain" As IMF Approves $7 Billion Loan
Pakistan said Thursday it would have to go through "transitional pain" after the International Monetary Fund agreed to a new relief package of $7 billion to bolster its faltering economy.
-
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.
-
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.
-
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.
-
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.
-
Cash-Strapped Pakistan Lost Over $8 Billion In Remittances, Exports In FY23: Report
Due to a lack of attention to these two big inflows, Pakistan lost considerably more than it received from IMF borrowings and inflows from other sources.
-
IMF Says $3 Billion Loan Will Help Pakistan Stabilise Ailing Economy
The IMF has said that the recently approved USD 3 billion loan programme will provide much-needed relief for Pakistan as it would anchor the cash-starved country's immediate efforts to stabilise its economy and ensure that the current balance of
-
Pakistan PM Hopeful For $3 Billion Bailout Approval From IMF
Pakistan's Prime Minister Shehbaz Sharif said on Wednesday he was hopeful that $3 billion short-term bailout from the International Monetary Fund would be approved by the multilateral lender's board when it meets on July 12.
-
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.
-
Imran Khan's Arrest Comes As Another Blow To Pak's Crippling Economy
The arrest of former Pakistan Prime Minister Imran Khan and the call from his party for nationwide protests present another blow to the nuclear-armed country struggling with an economic crisis.
-
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.
