Tag: pakistan economic crisis
At $58 billion, China’s CPEC railway to Pakistan to be its costliest transport infrastructure: Study
BEIJING: China’s plan to build a railway link to Pakistan through the disputed Pakistan-occupied Kashmir (POK) region could cost about $57. 7 billion, according to…
At $58 billion, China’s CPEC railway to Pakistan to be its costliest transport infrastructure: Study
BEIJING: China’s plan to build a railway link to Pakistan through the disputed Pakistan-occupied Kashmir (POK) region could cost about $57. 7 billion, according to…
Pakistan says UAE assures $1 billion loan to revive IMF deal
Pakistan has said that the United Arab Emirates has assured to provide a $1 billion loan, moving the nation closer to a loan deal with…
Remittances sent by Pakistani expats reach $2.5 billion in March: Central bank
ISLAMABAD: Pakistani expatriates sent home $2.5 billion in remittances in March, a seven-month high, the State Bank of Pakistan said on Monday, as the cash-strapped…
Chaos erupts outside flour distribution centre in Peshawar as police fire tear gas shells
PESHAWAR (PAKISTAN): Chaos erupted outside a flour distribution centre in Peshawar after police fired tear gas shells at the crowd, Dawn reported.Police officers were stoned…
No talks with Imran Khan unless he apologises: Pakistan PM Shehbaz Sharif
ISLAMABAD: Prime Minister Shehbaz Sharif has ruled out any talks between the government and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan unless the former premier admits…
IMF’s ‘Pakistan’ dilemma in lending: Report
ISLAMABAD: The International Monetary Fund (IMF) is in a dilemma regarding the sustainability of its funding in Pakistan, which would be difficult to defend in…
IMF treating Pakistan like a ‘colony’: Maryam Nawaz
LAHORE: Pakistan is a ‘hostage’ to the IMF which is treating the cash-strapped country like a ‘colony’, senior leader of PML-N Maryam Nawaz has said…
‘Pakistan ‘very close’ to signing IMF staff level agreement’
ISLAMABAD: Pakistan Finance Minister Ishaq Dar said on Thursday his country was “very close” to signing a staff level agreement with the International Monetary Fund,…
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…