Latest News on Pakistan Economic Crisis
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Pakistan Economic Crisis - Total results - 5
Nov 05, 2018
Imran Khan returns with no economic aid, China puts onus on Pakistan: What newspapers noted from joint statementThe joint statement China and Pakistan released also had a few glaring red flags for India, besides all the talk on CPEC, which New Delhi has been opposing since the route passes through Pakistan-occupied Kashmir.
Nov 02, 2018
IMF staff mission to visit Islamabad next week, initiate talks with Pakistan over bailout applicationIMF Director of Communications Gerry Rice told reporters that the discussions with Pakistan are likely to begin on 7 November. An IMF staff mission will go to Islamabad and initiate discussions with the authorities.
Oct 25, 2018
Imran Khan calls Saudi Arabia's $6 billion bailout package 'big relief', vows to mediate between Riyadh and Yemen to end conflictAccusing the previous two governments of plunging the country into its worst financial crisis, Imran in his address to the nation after returning from Saudi Arabia on Wednesday, said the opposition parties' recent plan to form an alliance was aimed at pressing the government to get some relief under a deal like the National Reconciliation Ordinance (NRO) that was bestowed upon them by former President Pervez Musharraf, reports Dawn news.
Oct 24, 2018
Pakistan 'desperate' for financial help from Saudi Arabia, Imran Khan tells foreign journalists; PM's aide denies 'interview'Khan, before departing for Riyadh to attend the Future Investment Initiative conference, had reportedly told journalists present in an interview held on 20 October that even though Pakistan was concerned about the death of Saudi journalist Jamal Khashoggi, they were "desperate" for financial help from Saudi Arabia.
Oct 24, 2018
Saudi Arabia offers Pakistan $6-billion package to ease economic crisis; loan likely to reduce size of potential IMF bailoutSaudi Arabia has agreed to give Pakistan $3 billion in foreign currency support for a year and a further loan worth up to $3 billion in deferred payments for oil imports to help stave off a current account crisis.