IMF packages, foreign bailouts will not suffice to keep Pakistan economy afloat: ReportSaudi Arabia made a USD 2 billion deposit into the State Bank of Pakistan (SBP) after the IMF agreement, and the UAE had already committed ...
31 Jul, 2023, 06.12 PM IST
Pakistan economy in woods despite IMF packagePakistan is eyeing Saudi investment of USD 10 billion in a refinery project in Hub, Balochistan which is pending since the last four years....
25 Jul, 2023, 06.56 AM IST
As crisis deepens, Pakistan's public assets are up for salePakistan's source funds from friendly countries which were flowing in are dried up. At present, the crisis stuck Pakistan is not getting ea...
01 Jul, 2023, 09.11 AM IST
Pakistan's new budget fail to meet expectations to boost economyThe total expenditure stipulated by the FY 2023-24 budget is PKR 14.46 trillion (USD 50.45 billion), out of which PKR 1.8 trillion has been...
18 Jun, 2023, 06.29 AM IST
IMF seeks more Pak assurances before releasing bailout packageThe recent developments are a key step forward in signing a much-delayed staff-level agreement (SLA) with the Fund and unlocking multilater...
15 Apr, 2023, 09.37 PM IST
Pakistan establishment focus on protecting N-prog even as economy in a free-fallSpecifically, the financial institution has demanded that Pakistan provide assurance that its balance of payments deficit is fully financed...
21 Mar, 2023, 06.40 PM IST
Tough love: Pak has gone to IMF for bailouts 23 times in 75 years"Pakistan has less than $3 billion in foreign exchange reserves today. Our reserves have never exceeded $21 billion in our history. Banglad...
26 Feb, 2023, 12.29 PM IST
Pakistan at beginning of worst economic crisis since country's formation: ReportAccording to Geo-politik, Pakistan has taken fourteen loans from the IMF thus far, but ironically none of them has ever been completed. Thi...
08 Feb, 2023, 07.47 PM IST
Pakistan stares at bankruptcy as economic crisis worsensPakistani Rupee (PKR) is on a ‘free fall’ as it crossed 212 per USD on June 21. Whereas Pakistan's foreign exchange reserves have depleted ...
28 Jun, 2022, 12.10 PM IST
Balochistan & CPEC: China's Achilles' HeelThe progress on CPEC has reportedly slowed down due to the economic downturn, restrictions by the IMF’s bail-out programme on fresh borrowi...
31 Dec, 2020, 09.19 PM IST
In trouble at FATF, Pakistan books Hafiz Saeed, 3 othersPakistan had filed cases against Saeed in the past too. It is important if this action is irreversible and verifiable, says Indian official.
03 Jul, 2019, 11.37 PM IST
Pakistan's rupee is close to becoming the month's biggest loserThe managed-float currency dropped more than 5 per cent in May and breached 150 per dollar.
30 May, 2019, 03.57 PM IST
'Pak rupee could touch 250 a dollar within a year'Pakistan recently reached an agreement with the IMF over a $6 billion bailout package to help prop up its public finances and a slowing eco...
17 May, 2019, 08.22 PM IST
Pakistan not approaching IMF for new bailout programme: Pak FMCash-strapped Pakistan is negotiating a USD 8 billion bailout package from the IMF to overcome a severe balance-of-payments crisis that thr...
12 Jan, 2019, 05.24 PM IST
Pakistan to seek IMF bailout despite $6 bln Saudi rescue: Pak finance ministryOn Tuesday, Islamabad announced Saudi Arabia had agreed to give Pakistan $3 billion in foreign currency support for a year and a further lo...
24 Oct, 2018, 11.45 AM IST
Pakistan to privatise 31 entities to meet IMF bailout clausePakistan has decided to sell at least 26 per cent shares of 31 state-owned entities, including PIA and Pakistan Railways.
04 Oct, 2013, 02.07 PM IST
- US to ask UN for sanctions against Pak terror agents
According to reports, the US will be sending a list of names of prominent Pakistanis for sanctions, to add to the pressure on Islamabad to ...
08 Dec, 2008, 08.34 AM IST