International Monetary Fund

Pakistan’s former Finance Minister Miftah Ismail has said that the spendings on education is neither sufficient nor is the amount being judiciously. “India made five institutes of technology within 10 …

The ongoing political turmoil in Pakistan will make it even more difficult for the Shehbaz Sharif government to secure the much needed multilateral and bilateral loans. The inflow of foreign …

Will China come to the rescue of cash-starved Pakistan, which is inching closer to a default amid delay in revival of the $6.5 billion loan from the International Monetary Fund …

Pakistan’s Army needs to take a large chunk of the blame for ruining the country’s economy. Last year, former Army Chief, General Qamar Javed Bajwa officially admitted that the military …

As Sri Lanka battles one of the worst economic crises since its independence, India’s actions are being scrutinised with a fine-tooth comb. Earlier this week, India extended a credit line …

Exactly a year ago, Sri Lanka defaulted for the first time in its history. And now as Pakistan’s economic crisis deepens amid its currency crashing against the US dollar with …

Amid rising debt levels in Pakistan, it seems that the country’s Finance Minister Ishaq Dar has only one key task —to be able to secure further loans or resume the …

The IMF chief Kristalina Georgieva on Thursday said that the world economy is expected to grow at less than 3 per cent this year but Asia remains a bright spot …

Aid from Saudi Arabia into Pakistan is thinning amid changing global geopolitical order. The West Asian nation is now changing its stance by clamping up on offering “blank cheque” aid …

Pakistan’s record inflation of 35.4 per cent in March has left the country’s Prime Minister Shehbaz Sharif red faced. Islamabad has warned   that the situation would get worse. It will …

The political turmoil brought about by former prime minister Imran Khan’s wranglings with Pakistan’s two big parties – Pakistan Muslim League-Nawaz (PML-N) and the Pakistan People’s Party (PPP) – in …

As negotiations between the International Monetary Fund and Pakistan for the resumption of the $6.5 billion financial assistance package is yet to yield any result, Islamabad is hoping China will …

The deepening economic crisis in Pakistan is leading to a large number of school dropouts. With surging inflation and shortage of essential items including food, many children are now being …

The Indian economy will continue to grow as inflationary pressures ease, pushing real spending powers. A report by the global banking and financial service major ING said that India’s economy …

Pakistan’s debt under Prime Minister Shehbaz Sharif has continued to rise and rise at a pace of 15 per cent. Between July—the beginning of the new financial year in Pakistan– …

Even as cash starved Pakistan managed to get a lifeline after old ally China approved rollover of a loan of $1.3 billion, default risks continue to loom large. The rise …

Cash starved Pakistan, which is currently in talks with the International Monetary Fund (IMF) for resumption of the $6.5 billion loan programme has been miffed by the multilateral agency, which …

“Must we starve our children to pay our debts?” former Tanzania President Julius Nyerere in 1986 had once asked. Many in Pakistan are now asking the same question even as …

Amid India’s pole position in leading growth in digital infrastructure, Prime Minister Narendra Modi today said that the country has created a “highly secure,” trusted, and efficient public digital infrastructure …

For Pakistan Prime Minister Shehbaz Sharif, troubles do not seem to be ending. As his government is trying to do all it can to save Pakistan from a default, differences …

Several industries in Pakistan are already in stress after Islamabad unveiled its (Pakistani) Rs 170 billion mini budget to conform to the International Monetary Fund’s demand, a prerequisite to resume …