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
Lahore: Pakistan is a “hostage” to the IMF which is treating the cash-strapped nation like a “colony”, senior chief of PML-N Maryam Nawaz has stated whereas lambasting former prime minister Imran Khan for flouting the earlier agreements with the worldwide lender. Pakistan’s economic system is in dire straits and the nation is awaiting a much-needed … Read more
ISLAMABAD: Pakistan Tehreek-e-Insaaf chief and former Pakistan PM Imran Khan on Saturday mentioned that the best way Pakistan is shifting, Indian TV channels are making enjoyable of Pakistan and are fortunately asserting how the nation is shifting in the direction of destruction. PTI chairman Imran Khan was addressing a gathering for Isaal-e-Sawaab of Zill-E-Shah the … Read more
Washington: US President Joe Biden has proposed to double the financial help fund to cash-strapped Pakistan to USD 82 million for fiscal 2024 to assist its restoration from devastating floods, diversify the vitality provide, and help actions to construct emergency preparedness capabilities. “Help to Pakistan will increase non-public sector financial progress; strengthen democratic establishments; and … Read more
Islamabad: Pakistan’s former Prime Minister and Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan mentioned that he’s prepared to speak with Military Chief Normal Syed Asim Munir for the betterment of the nation, ARY Information reported on Friday. Whereas speaking to media individuals at his Zaman Park residence, Imran Khan mentioned that he won’t give up earlier … Read more
New Delhi: Pakistan retains going to the Worldwide Financial Fund (IMF) time and again. A whopping variety of 23 programmes clearly means that Pakistan is hooked on the Fund`s robust love. “In truth, we’re the IMF`s most loyal buyer,” mentioned Murtaza Syed, former Deputy Governor of the State Financial institution of Pakistan. Argentina, … Read more
Washington: The US is deeply involved that the loans being given by China to India’s rapid neighbourhood — Pakistan and Sri Lanka — could also be used for coercive leverage, a senior State Division official has mentioned. “Regarding Chinese language loans to international locations in India’s rapid neighbourhood, we’re deeply involved that loans could … Read more
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
New Delhi: Amid cash-starved Pakistan struggling to grapple with the financial disaster, the nation’s Defence Minister on Saturday (February 18, 2023) stated that the nation has “already defaulted”. Addressing a ceremony in his dwelling city Sialkot, Khawaja Asif blamed the institution, paperwork and politicians for the prevailing financial disaster. He stated that standing by itself toes … Read more
Islamabad: Former Pakistan Prime Minister Imran Khan has termed the Worldwide Financial Fund (IMF) deal as “remedy of most cancers with disprin (aspirin),” Daybreak reported. He mentioned that the IMF settlement will solely present momentary reduction as it would finally lead the nation to a significant catastrophe because the burden of loans will proceed to … Read more
