Economic Crisis

Amid a severe threat of terrorism and distressing economic and political situations, with no signs of respite soon, Pakistan Prime Minister Shehbaz Sharif has invited Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan to an all-party conference

The International Monetary Fund (IMF) review mission has rejected Pakistan's revised Circular Debt Management Plan (CDMP). It has called on the Pakistan government to increase the electricity tariff in the range of Pakistani Rupees

Inflation has risen to a 48-year high in crisis-hit Pakistan, where the International Monetary Fund is visiting for urgent talks.

Prime Minister Shehbaz Sharif for months held out against the tax rises and subsidy slashing demanded by the International Monetary Fund, fearful of backlash ahead of elections due in October.

Pakistan has prepared two draft ordinances to impose Rs 200 billion in new taxes, days after it accepted International Monetary Fund's (IMF) demands to resume a stalled loan programme, an official said on Saturday, reported Dawn.

Former Prime Minister of Pakistan and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan's helicopter rides cost the national kitty Rs 1 billion, reported The Nation.

Finance Minister Ishaq Dar on Friday said Pakistan is the only country founded in the name of Islam and Allah is responsible for its development and prosperity, as the cash-strapped nation faced an acute balance of payments crisis.

Pakistan Prime Minister Shehbaz Sharif on Friday expressed hope for an early agreement with the IMF to unlock the much-needed foreign loans, a day after the global lender announced its plan to send a staff mission to the cash-strapped nation.

Despite facing severe foreign exchange shortage and being under economic crisis, the government of Pakistan has ordered a massive hike of 30 per cent in development funds to PKR 90 billion for Parliamentarians

China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a USD 2.9 billion bailout package for the country, days after India strongly backed the island nation's efforts to secure the loan from the global lender to

Lauding Prime Minister Narendra Modi's leadership in a fractured world, the World Economic Forum's Founder and Executive Chairman Klaus Schwab said India is a bright spot amid the global crisis.

External Affairs Minister S Jaishankar on Thursday met Sri Lanka's top leadership and conveyed India's commitment to increase investment flows to hasten the debt-ridden island nation's economic recovery.

External Affairs Minister S Jaishankar on Thursday held talks with his Sri Lankan counterpart Ali Sabry soon after his arrival in Colombo, as India informed the IMF its assurance for providing a much-needed bailout to the cash-strapped island nation.

Mr Ramaphosa was supposed to head a South African group to the Swiss town to pitch the nation as an investment location.

In a gesture of defiance, the Tamilian protesters pulled out the shampoo and started using the sprayed water to wash their hair.

Amid a severe threat of terrorism and distressing economic and political situations, with no signs of respite soon, Pakistan Prime Minister Shehbaz Sharif has invited Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan to an all-party conference

The International Monetary Fund (IMF) review mission has rejected Pakistan's revised Circular Debt Management Plan (CDMP). It has called on the Pakistan government to increase the electricity tariff in the range of Pakistani Rupees

Inflation has risen to a 48-year high in crisis-hit Pakistan, where the International Monetary Fund is visiting for urgent talks.

Prime Minister Shehbaz Sharif for months held out against the tax rises and subsidy slashing demanded by the International Monetary Fund, fearful of backlash ahead of elections due in October.

Pakistan has prepared two draft ordinances to impose Rs 200 billion in new taxes, days after it accepted International Monetary Fund's (IMF) demands to resume a stalled loan programme, an official said on Saturday, reported Dawn.

Former Prime Minister of Pakistan and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan's helicopter rides cost the national kitty Rs 1 billion, reported The Nation.

Finance Minister Ishaq Dar on Friday said Pakistan is the only country founded in the name of Islam and Allah is responsible for its development and prosperity, as the cash-strapped nation faced an acute balance of payments crisis.

Pakistan Prime Minister Shehbaz Sharif on Friday expressed hope for an early agreement with the IMF to unlock the much-needed foreign loans, a day after the global lender announced its plan to send a staff mission to the cash-strapped nation.

Despite facing severe foreign exchange shortage and being under economic crisis, the government of Pakistan has ordered a massive hike of 30 per cent in development funds to PKR 90 billion for Parliamentarians

China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a USD 2.9 billion bailout package for the country, days after India strongly backed the island nation's efforts to secure the loan from the global lender to

Lauding Prime Minister Narendra Modi's leadership in a fractured world, the World Economic Forum's Founder and Executive Chairman Klaus Schwab said India is a bright spot amid the global crisis.

External Affairs Minister S Jaishankar on Thursday met Sri Lanka's top leadership and conveyed India's commitment to increase investment flows to hasten the debt-ridden island nation's economic recovery.

External Affairs Minister S Jaishankar on Thursday held talks with his Sri Lankan counterpart Ali Sabry soon after his arrival in Colombo, as India informed the IMF its assurance for providing a much-needed bailout to the cash-strapped island nation.

Mr Ramaphosa was supposed to head a South African group to the Swiss town to pitch the nation as an investment location.

In a gesture of defiance, the Tamilian protesters pulled out the shampoo and started using the sprayed water to wash their hair.