Pakistan economic crisis

Pakistan facing 'significant economic challenges', economy at critical juncture: IMF

The IMF approved the 13th bailout package for Pakistan since the late 1980s, worth USD 6 billion, of which USD 1 billion is to be disbursed immediately and the rest in the next three years.

published on : 9th July 2019

'We used to have competition with Indian economy': Pakistan opposition slams government over financial crunch

Pakistan's opposition leader said regional countries like Afghanistan and Bangladesh were doing better than Pakistan in certain areas.

published on : 19th June 2019

Pakistan to use IMF bailout to pay off Chinese debts? US wants deal with riders

The US ruled out any effort to block IMF loan to Pakistan until the release of Dr Shakeel Afridi, the Pakistan doctor who is currently in a jail for helping the CIA finding Osama bin Laden.

published on : 19th June 2019

'Decisive' policies and reforms must for Pakistan's economic stability: IMF

Last month, Prime Minister Khan appointed Dr Abdul Hafeez Sheikh as Adviser on Finance in place of Umar, as inflation rose to its highest in six years.

published on : 13th May 2019

Imran Khan calls meeting to discuss USD 6 billion IMF deal amid economic crisis

Pakistan, currently battling to stave off an economic crisis, secured the bailout from the global lender on Sunday night.

published on : 13th May 2019

Pakistan to continue talks with IMF on bailout, after Imran Khan's objection to first draft

Sources in the ministry of finance said that there were at least three main sticking points that led to inconclusive talks till the last day of the IMF visit.

published on : 11th May 2019

IMF asks Pakistan to share details of loans from China

IMF, which is considering a bailout package for Pakistan, voiced concern about Beijing's financial assistance to Islamabad.

published on : 13th April 2019

CPEC not responsible for Pakistan's economic crisis, says China

Mr An Qiguang who had served as a diplomat in Pakistan, announced that Chinese companies executing various CPEC projects would hire more Pakistani labour and mid-level managers.

published on : 23rd October 2018