• 24 November, 2024
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Afghanistan crisis may ‘shrink’ Pakistan’s economy

Islamabad [Pakistan], August 20 (ANI): Amid decreasing Foreign Direct Investment (FDI) flows, Pakistan's economy is expected to shrink further, following Afghanistan's current situation. According to Dawn, the consistent decline in…

IMF revises India’s growth projection to 9.5 pc for FY22

Washington [US], July 27 (ANI): The International Monetary Fund (IMF) on Tuesday has scaled down India's growth to 9.5 per cent for the current financial year from 12.5 per cent…

US won’t ease ban on remittances to Cuba amid unrest over economic crisis: Biden

Washington [US], July 16 (ANI/Sputnik): US President Joe Biden said his administration will not ease restrictions on remittances sent from US residents to relatives in Cuba because the Cuban government…

Experts warn Pakistan may not be able to meet needs of its rapidly increasing population

Islamabad [Pakistan], July 13 (ANI): Amid alarming population growth in Pakistan, experts have warned that soaring headcount poses a greater threat and the country may not be able to meet…

Pakistan deputes investment counselors in China to lure investors

Islamabad [Pakistan] July 12 (ANI): Amid dwindling economy, Pakistan has deputed eight investment counselors in different regions of China for potential joint ventures and to promote foreign investment in industrialisation…

Protests in Cuba over lack of freedom, economy

Havana [Cuba], July 12 (ANI): In a rare protest, thousands of Cubans took to the streets in various parts of the country on Sunday against lack of freedom and worsening…

Population control imperative to sustain nation’s economy, says Sharad Pawar

Mumbai (Maharashtra) [India], July 11 (ANI): As Uttar Pradesh released the draft of the proposed population control bill, Nationalist Congress Party (NCP) chief Sharad Pawar on Sunday said that the…

Future of Laos, its fiscal stability, hinges greatly on China: Expert

Bangkok [Thailand], July 3 (ANI): The Southeast Asian nation of Laos is struggling to meet its debt obligations amid sovereign downgrades and depleted foreign reserves. Peter Janssen, writing in Asia…

Pakistan’s external debt likely to increase as dependence on foreign loans continues

Islamabad [Pakistan], June 30 (ANI): Pakistan's external debt is likely to increase in the near future as it is under compulsion to borrow more and more every year to repay…

New measures will help stimulate economic activities, generate employment: PM Modi

New Delhi [India], June 28 (ANI): Applauding the measures announced by the Finance Minister Nirmala Sitharaman to boost the economy, Prime Minister Narendra Modi on Monday said that the new…

Poverty in Pakistan rises to over 5 pc in 2020, estimates World Bank

Islamabad [Pakistan], June 22 (ANI): The World Bank (WB) has estimated that poverty in Pakistan has increased from 4.4 per cent to 5.4 per cent in 2020, as over two…

The Great Chinese Loan Trap

Chinese Loans to Other Countries Predatory, Opaque in Nature Chinese loans have surpassed lending by the World Bank and the International Monetary Fund combined together. It has become the largest…