Moody's Investors Service has warned that Pakistan is at an increased risk of failing to restart its $6.7 billion bailout programme with the International Monetary Fund (IMF), putting the country closer to a sovereign default.
"There are increasing risks that Pakistan may be unable to complete the IMF programme that...
Pakistan on Monday requested China to fast-track the refinancing of maturing commercial loans of $1.3 billion and apprised it of the diminishing prospects of revival of the International Monetary Fund (IMF) loan programme.
The request was made by Finance Minister Ishaq Dar during a meeting with China’s Charge d’affaires Pang...
The events on May 9 in Pakistan were unprecedented. Huge mobs protesting against the arrest of former Prime Minister Imran Khan attacked and vandalised army establishments and state buildings. The ransacking of the most visible and sacrosanct symbol of the Pakistan army, the General Headquarters (GHQ) in Rawalpindi, signalled...
“Trying civilians in military courts is lawful but 25 people faced military court trials when Imran Khan was the prime minister. The Pakistan Tehreek-e-Insaf (PTI) chief, therefore, has no moral high ground to oppose military trials now,” Rahiem said on Sunday.
He said military courts gave death sentences to...
Amid a deepening economic crisis and stalled talks with International Monetary Fund to get loans, Pakistan has expressed its interest in joining the BRICS, Pakistan Today reported.
As per the Pakistani daily, Islamabad's aspirations will be deliberated upon at the group's upcoming summit in South Africa in August.
Nineteen countries including...
Islamabad: Pakistan's cash-strapped government unveiled a 14.5-trillion-rupee (around $50.5-billion) budget Friday, with over half set aside to service 7.3 trillion rupees of debt.
Pakistan's economy has been stricken by a balance-of-payments crisis as it attempts to service crippling external debt, while months of political chaos have scared off potential foreign...
Balochistan, a province in southwestern Pakistan, has been affected by various conflicts and allegations of human rights abuses. The problems encountered in Balochistan could be enumerated as under:
Enforced Disappearances: One of the most significant concerns in Balochistan is the issue of enforced disappearances. Numerous activists, journalists, and intellectuals have...
The Baloch community in south-west Pakistan observed the Baloch Missing Persons’ Day on June 8 by holding Twitter spaces and organising social media campaigns. The marginalised ethnic community has been pleading unsuccessfully with the Pakistani Army and the government for releasing its abducted people from torture cells and jails....
In yet another abduct-and-convert case from Pakistan, a Hindu girl from the country’s Sindh province was forcibly converted to Islam and married off, her father said. The 14-year-old girl, identified as Sohana, was kidnapped by her tutor, Akhtar and his accomplices. She was then sent to the Qazi Ahmed...
As the economic crisis deepens and debt continues to increase in Pakistan the federal and provincial governments of the country have unanimously decided to shut markets by 8 PM across the country.
The decision has been taken as part of the country's efforts to conserve energy, said Pakistan's Planning Minister...
