Pakistan is desperate to unlock the next tranche of a $6.5 billion loan facility with the…
Tag: Pakistan Economy
Fitch Downgrades Pakistan’s Rating, Warns Default A ‘Real Possibility’
Pakistan is struggling with instability stemming from an economic crisis Islamabad: The beleaguered Pakistani economy faces…
Blocked Imports Deepen Unemployment Fears In Crisis-Hit Pakistan
Industries warn of rising unemployment in face of blocked imports. (Representational) Islamabad, Pakistan: Pakistan business chiefs…
IMF, Pakistan To Resume Talks On Unlocking Bailout Funds: Official
An agreement, if reached, would still need to be cleared by the IMF board. Islamabad: Talks…
IMF Says “Considerable Progress Made”, But No Deal With Cash-Strapped Pak
Pakistan’s economy is in dire straits, stricken by a balance of payments crisis. (File) Washington: The…
IMF Projects Slowdown In Pakistan’s GDP From 3.5% To 2%
Chief economist of the IMF said Pakistan is going To Slow Down this year. Islamabad: The…
Crisis-Hit Pakistan Takes Hard Steps To Secure Bailout From IMF
Pakistan’s moves to loosen its grip on the currency and increase fuel prices indicate that the…
“Even Friendly Nations Feel We Have Come To Beg For Money”: Pakistan PM
Pakistani PM Shehbaz Sharif has said “Even friendly countries feel we have come to beg for…
Want permanent peace with India: Pakistan PM Shehbaz Sharif
‘War never an option to resolve Kashmir issue,’ he says during an interaction with students from…
“Bad Days Ahead,” Warns Pakistan’s Finance Minister
Pakistan had hoped for a quick revival of the bailout, but IMF has not released the…