Tag: Economic Crisis

Despite facing a dire economic situation with a foreign debt totaling $124.5 billion, equivalent to 42% of its GDP, Pakistan is persistently expanding its military capabilities, notably through substantial arms imports and collaborations with China. A report by the Stockholm International Peace Research Institute (SIPRI) indicates that between 2019 ...

There is a short period between spring and summer when temperatures begin to rise across India’s Gangetic plains. Mercury hovers around 35-38 degrees Celsius, but coming out of winter, the sun suddenly feels too hot. It’s this dry heat that ripens the wheat in Punjab, one of the country’s ...

The former diplomat stressed: “Pakistan’s economy and, particularly, its textile and pharmaceutical sectors, stand to gain from trade with India given their dependence on raw materials from India.”He said internal consultation on the issue was required from Pakistan, coupled with some quiet diplomacy with India so that the proposal ...

New Delhi: It is 'come to Jesus moment' for Maldives President Mohammed Muizzu after he called India a ‘closest ally’ and urged for debt relief to bail out the Island nation from looming economic disaster. But typically of this mercurial politician, Muizzu blamed the previous pro-India Ibrahim Solih government ...

A list of some key events over the last few years leading up to Pakistan’s parliamentary election on Thursday:July 25, 2018 — Pakistanis vote for a new government in an election marred by violence and allegations of fraud. July 26, 2018 — Former cricket star Imran Khan wins the ...

Several Pakistani netizens are claiming that former Prime Minister Nawaz Sharif wore a Gucci hat worth over one lakh Pakistani Rupees (PKR) during his recent rally at Nankana Sahib, a district in the Punjab province. Former Pakistan prime minister Nawaz Sharif The exorbitant price of the hat Nawaz wore ...

Islamabad —  (PLAYBOOK SLUG: Pakistan Protests HEADLINE: Protests Over Power Bill Increases Spread in Pakistan TEASER: The unrest over the increased electricity tariffs comes as the poverty-stricken South Asian nation of about 241 million people faces an economic crisis PUBLISHED: Monday, 08/28/2023 at 05:27 EDT BYLINE: Ayaz Gul WRITER: ...

The government’s ability to stay on track with reforms will be tested ahead of a coming national election that will need to go smoothly, analysts caution. Source link

Abbasi warned of anarchy if friction within the society and institutions became too deep Published Date - 11:00 PM, Sun - 23 April 23 Photo: IANS Islamabad: Former Pakistan Prime Minister Shahid Khaqan Abbasi has warned that the country’s current economic and political crisis has all the makings of ...

#Pakistan News Responding to the cash-strapped government’s appeal for more hard currency remittances, Pakistanis living abroad have sent $2.5 billion home in March, the country’s central bank said Monday. The sum represents a 27.4% increase compared to February and is the highest in seven past months, according to a ...