He added that the government’s top priority was to ensure that no delay occurs in external payments. Islamabad: Pakistan Finance Minister Ishaq Dar has said it will take some time to set the economy on the right path in the face of gigantic financial problems, Pakistan based The News InternationalRead More →
Pakistan’s finance minister, Ishaq Dar, said on Friday that China had rolled over a $2 billion loan that matured last week, providing relief during the South Asian nation’s acute balance of payment crisis. Locking in a rollover had been critical for Pakistan, where reserves have dipped to just four weeks’Read More →
An agreement, if reached, would still need to be cleared by the IMF board. Islamabad: Talks between the International Monetary Fund and Pakistan will resume virtually on Monday, a Pakistani official said, as the two sides look to reach a deal to unlock funding critical to keep the cash-strapped southRead More →
Former Pakistani Prime Minister Imran Khan | File Photo | Photo Credit: AP A top court on Thursday stopped the Election Commission from removing ousted Prime Minister Imran Khan as the Pakistan Tehreek-e-Insaf (PTI) party’s chairperson. The top election body last month initiated the process to remove 70-year-old Mr. KhanRead More →
Pakistan Defence Minister Khawaja Asif said that manufacturing of incandescent bulbs would be stopped from February 1 while production of inefficient fans would be stopped from July. File | Photo Credit: Reuters Cash-strapped Pakistan on January 3 announced early closure of markets and wedding halls as part of a raft ofRead More →
