Tag Archives: economic crisis

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PM, IMF delegation discuss ongoing bailout package

09 September, 2019 4:45 pm 4:45 pm

ISLAMABAD (92 News) – The International Monetary Fund’s (IMF) delegation on Tuesday called on Prime Minister Imran Khan and discussed ongoing bailout package. During the meeting, the prime minister and IMF delegation led by Director Middle East and Central Asia Jihad Azour exchanged the views about economic condition of the country. Finance Adviser Abdul Hafeez … Read More

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If we are inept then you were most incompetent, Asad Umar tells PPP

04 April, 2019 5:00 pm 5:00 pm

ISLAMABAD (92 News) – Responding to the Pakistan Peoples’ Party (PPP), former finance minister Asad Umar has said that if the Pakistan Tehreek-e-Insaf (PTI) is incompetent then the PPP was the most incompetent. Addressing the National Assembly session for the first time after being removed as finance minister, Asad Umar lashed out at the PPP, … Read More

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May in fight to retain grip on Brexit as parliament seeks control

03 March, 2019 10:08 pm 10:08 pm

LONDON (Reuters) – British Prime Minister Theresa May was holding crisis talks with colleagues on Sunday in an effort to breathe life into her twice-defeated Brexit deal after reports that her cabinet was plotting to topple her. The United Kingdom’s exit from the European Union was already slipping from May’s weakened grasp as she struggled … Read More

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Hundreds of thousands march in London to demand new Brexit referendum

03 March, 2019 8:53 pm 8:53 pm

LONDON (Reuters) – Hundreds of thousands of people opposed to Britain’s withdrawal from the European Union marched through central London on Saturday to demand a new referendum as the deepening Brexit crisis risked sinking Prime Minister Theresa May’s premiership. Marchers set off in central London with banners proclaiming “the best deal is no Brexit” and … Read More

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France’s ‘yellow vests’ march largely without violence as...

03 March, 2019 8:29 am 8:29 am

PARIS (Reuters) – Turnout for a 16th round of “yellow vest” protests in France was below last week’s levels and marches were largely peaceful, in a relief for President Emmanuel Macron who has struggled to find a response to the movement. While turnout figures at midday were only half of last week, by nightfall the … Read More

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Pakistan receives final tranche of $1b from Saudi Arabia

01 January, 2019 3:00 pm 3:00 pm

ISLAMABAD (92 News) – Pakistan has received the final installment of one billion dollars from Saudi Arabia. Bank of Pakistan received another $1 billion from Saudi Arabia, making up the final instalment of a $3 billion support package. The deposit completes the $3 billion package that Pakistan signed with Saudi Arabia aimed at helping the … Read More

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Govt to sign agreement with IMF in case of any attractive program: Asad

01 January, 2019 11:40 pm 11:40 pm

ISLAMABAD (92 News) – Minister for Finance Asad Umar has said that the government is in touch with the International Monetary Fund (IMF) and agreement with it will be signed in case of any attractive program. In an interview with TV anchorperson on Thursday, Asad Umar said that the supplementary finance bill will not impose … Read More

Joint Declaration: China will help to steer Pakistan out of economic crisis

11 November, 2018 4:05 pm 4:05 pm

BEIJING (92 News) – Pakistan and China has agreed to further strengthen the China-Pakistan All-Weather Strategic Cooperative Partnership, and build closer China-Pakistan Community of Shared Future in the new era. A joint statement issued by Prime Minister Imran Khan’s visit was released In a Joint Declaration, both the sides reiterated that the friendship between Pakistan … Read More

Pakistan expected to receive big financial package from China: Fawad

11 November, 2018 6:45 pm 6:45 pm

ISLAMABAD (92 News) –Minister for Information Fawad Chaudhry said on Friday that Pakistan is likely to receive a big financial package from China. The minister said while talking to the journalists about the ongoing visit of Prime Minister Imran Khan to China where he met with Chinese President Xi Jinping. “The nation will receive a … Read More

Yemen’s President Hadi sacks premier over economic crisis

10 October, 2018 8:30 am 8:30 am

DUBAI (Reuters) – Yemen’s Western- and Gulf-backed president sacked his prime minister on Monday, blaming him for the economic crisis in a country devastated by war, according to a statement carried by the loyalist SABA state news agency. President Abd-Rabbu Mansour Hadi appointed Maeen Abdulmalik Saeed to replace Ahmed bin Dagher, who was to be … Read More

Cholera outbreak kills 10 people in Zimbabwe

09 September, 2018 8:48 am 8:48 am

HARARE (Reuters) – A cholera outbreak has killed 10 people in Zimbabwe’s capital Harare after they drank contaminated water, a city health official said. Harare city council has struggled to supply water to some suburbs for more than a decade, forcing residents to rely on water from open wells and community boreholes. Clemence Duri, Harare … Read More

Praying for success of Turkey in economic challenges: Imran Khan

08 August, 2018 9:12 pm 9:12 pm

ISLAMABAD (92 News) – Prime Minister in waiting Imran Khan assured Turkey that Pakistan is praying for success of Turkey in dealing with the severe economic challenges. In his message to President Tayyip Erdogan, Imran Khan tweeted that the Turkish people have always succeeded against adversities in their glorious history.   On behalf of the … Read More

Economic crisis can be only avoided by increasing exports: Asad Umar

07 July, 2018 1:29 pm 1:29 pm

ISLAMABAD (92 News) – PTI leader Asad Umar has said that the economic crisis can only be avoided by increasing exports in the country. Announcing the PTI Digital Policy on Tuesday, he said that his party will create job opportunities for the youth. “We are also considering 50,000 scholarships,” he added. The PTI leader said … Read More