Pakistan On Verge Of Aviation Disaster As Money-strapped Nation Struggling To Pay Worldwide Airways

RAWALPINDI: The worldwide air transport physique has warned of an `aviation disaster` in Pakistan as airways are struggling to get better USD 290 million on account of a extreme monetary disaster, Daybreak reported quoting the Monetary Instances on Thursday. Pakistan Civil Aviation Authority (PCAA) has mentioned it was making an attempt to pay the airways … Read more

China Lends USD 700 Million To Money-Strapped Pakistan Amid IMF Mortgage Delay

Islamabad: Pakistan Finance Minister Ishaq Dar on Friday stated that the State Financial institution of Pakistan (SBP) has acquired USD 700 million from China Growth Financial institution (CDB). This comes as a much-needed increase to the nation’s foreign exchange reserves because the nation suffers from an financial disaster, Pakistan primarily based The Categorical Tribune Newspaper … Read more

‘Two Sides of Pakistan’: Twitter Fumes After Lengthy Queues Seen at new Tim Hortons Retailer in Money-Strapped Nation

Pakistan is on the verge of going into default, to place it mildly. Inflation within the nation is at its highest stage in 45 years. Even requirements like meals and water are out of attain for many individuals. Nonetheless, viral photos of lengthy queues on the cash-strapped nation’s first Tim Hortons espresso outlet have divided … Read more