Tag: pakistan crisis
Pakistan’s private ARY news channel taken off air for airing Imran Khan’s speech
ISLAMABAD: Hours after Pakistan‘s media regulator banned broadcasts of ousted prime minister Imran Khan‘s speeches, the private ARY TV news channel was taken off air…
Imf: Pakistan has to give assurance on financing balance of payments gap: IMF
KARACHI: Pakistan will be required to give an assurance that its balance of payments deficit is fully financed for the fiscal year ending in June…
Lila Chennai: Indian-owned ship MV Lila Chennai rushes wheat for Pakistan from Russia
WASHINGTON: In an ideal world, India would be rushing aid to a broke and beleaguered Pakistan as it teeters on the brink of bankruptcy and…
Pak risks $18 bn fine for delaying completion of Iran gas pipeline: Report
ISLAMABAD: Pakistan could face a whopping $18 billion as a penalty for not completing the gas pipeline project with Iran in the timeframe stipulated in…
Pakistan: ‘Pakistan staring at worst medicine crisis’: Essential drugs, supplies stuck at ports due to low forex reserve
NEW DELHI: Pakistan‘s worsening economic crisis and increasingly strict austerity measures, which are being implemented by the Shehbaz Sharif government in the hopes of securing…
Pakistan govt halts clearance of bills, salaries amidst economic crisis: Report
ISLAMABAD: The cash-strapped Pakistan government has directed the accountant general to cease the clearing of bills, including salaries, owing to the current economic crisis, according…
Pakistan: After hiking petrol prices and raising taxes, cash-starved Pakistan looks at closing some missions abroad
NEW DELHI: As part of a series of steps to secure the International Monetary Fund’s $1.1 billion bailout, cash-strapped Pakistan has ordered its foreign ministry…
Pakistan: Cars, tyres, textile factories have shut in crisis-hit Pakistan
A bunch of Pakistan’s biggest companies have halted operations in the past months as they ran out of raw materials or foreign exchange, or both,…
Former Pakistan PM Imran Khan terms IMF deal as ‘treatment of cancer with aspirin’
ISLAMABAD (Pakistan): Former Pakistan prime minister Imran Khan has termed the International Monetary Fund (IMF) deal as “treatment of cancer with disprin (aspirin),” Dawn reported.He…
Pakistan finance bill proposes raising goods and services tax to 18%
Pakistan laid a supplementary finance bill before parliament on Wednesday, proposing to raise the goods and services tax (GST)to 18% from 17% to help raise…