Tag: pakistan economic crisis
Pakistan to seek friendship with all and enmity with none: caretaker foreign minister Jilani
ISLAMABAD: Pakistan’s newly appointed caretaker foreign minister Jalil Abbas Jilani has said he would pursue close relationships with all major powers including the US and…
Pakistan Petrol Dealers: Petroleum dealers in Pakistan threaten nationwide strike from Saturday after govt fails to increase profit margins
KARACHI: The petroleum dealers in cash-strapped Pakistan have threatened to hold a nationwide strike from Saturday as they are dissatisfied with Shehbaz Sharif-led government on…
Pakistan facing ‘exceptionally high’ risks, needs another IMF programme, says global lender
ISLAMABAD: Pakistan needs another IMF programme and support from other multilateral lenders beyond the coming election cycle and the ongoing standby arrangement, according to the…
Pakistan receives $1 billion from China
ISLAMABAD: Cash-strapped Pakistan has received $1 billion from its close ally China to support its critically low foreign reserves amidst the uncertainty to revive a…
Pakistan receives $1 billion from China
ISLAMABAD: Cash-strapped Pakistan has received $1 billion from its close ally China to support its critically low foreign reserves amidst the uncertainty to revive a…
Pakistan government announces petrol, diesel prices will remain unchanged
ISLAMABAD (PAKISTAN): Pakistan finance minister Ishaq Dar has announced to keep the prices of petrol and diesel unchanged, ARY News reported.ARY News is a Pakistani…
Ex-Pakistan PM Imran Khan granted new bail as army vows to ‘tighten noose’
ISLAMABAD: Former Pakistan prime minister Imran Khan had his bail renewed in over a dozen cases Thursday, a month after his three-day detention sparked violence,…
Pakistan says plans in place to repay or roll over $3.7 billion debt
ISLAMABAD: Pakistan’s finance ministry said on Tuesday arrangements had been made to repay or roll over this fiscal year’s $3.7 billion debt.“This should not be…
Pakistan’s inflation outpaces Sri Lanka’s as Asia’s fastest
Pakistan took the crown for Asia’s fastest inflation from Sri Lanka as a weaker currency and rising food and energy costs drove price gain to…
Pakistan urges US to restore military financing, sales
WASHINGTON (US): Cash-strapped Pakistan urged the United States to restore military financing and sales, which was earlier suspended by former America President Donald Trump, according…