Pakistan foreign currency reserves deplete after stalemate over IMF package

Dec 24, 2021

Islamabad [Pakistan], December 24 : Pakistan's foreign currency reserves are depleting after the persistent stalemate over the renewal of the IMF package.

Pakistan in dire need of USD 36 billion to avert economic collapse

May 29, 2022

Karachi [Pakistan}, May 29 : Amid the depleting foreign currency reserves and crashing economy, Pakistan is in dire need of USD 36-37 billion in...

Pakistan on brink of economic collapse

Jul 28, 2022

Islamabad [Pakistan], July 28 : With the depleting foreign currency reserves and rising inflation, Pakistan is on the brink of economic collapse and heading...

Pakistan bans import of non-essential luxury items to 'stabilize economy'

May 20, 2022

Islamabad [Pakistan], May 20 : Pakistan has announced a ban on the import of 38 non-essential luxury items under 'emergency economic plan' amid the...

Pakistan faces looming challenge of depleting gas reserves: Report

Dec 07, 2021

Islamabad [Pakistan], December 7 : With Pakistan facing a looming challenge of depleting gas reserves, its Federal Cabinet has directed the Petroleum Division to...

Pakistan leans on Qatar for LNG amid falling foreign currency reserves

Jun 11, 2022

Islamabad [Pakistan], June 12 : Finance Minister Miftah Ismail said on Saturday that Pakistan will seek a deferred payment plan for liquefied natural gas...