Pakistan assures IMF over China's CPEC energy deals

Jul 17, 2022

Islamabad [Pakistan], July 17 : In an attempt to stabilise the country's economy, Pakistan has assured the International Monetary Fund (IMF) that it would...

IMF asks Pakistan to reopen CPEC deal ahead of payment to China

Jun 09, 2022

Islamabad [Pakistan], June 9 : Putting Islamabad in a tight spot, the International Monetary Fund (IMF) has asked Pakistan to renegotiate the China-Pakistan Economic...

Pakistan in catch-22 situation on IMF, CPEC: Report

Jun 14, 2022

Islamabad [Pakistan], June 14 : Amid the political instability and debt payments for power plants coming up under the China-Pakistan Economic Corridor (CPEC), IMF's...

CPEC Authority asks Pakistan's power company to pay overdue

Feb 01, 2022

Islamabad [Pakistan], February 1 : The China Pakistan Economic Corridor Authority (CPECA) has urged the Central Power Purchasing Agency-Guaranteed (CPPA-G) to pay overdue receivables...

IMF's wake-up call to Pakistan: New CPEC investments pose risk to debt sustainability

Sep 04, 2022

Islamabad [Pakistan], September 4 : The International Monetary Fund (IMF) has reiterated that any new investments in the China-Pakistan Economic Corridor (CPEC) projects' could...

Pakistan: Circular debt hits CPEC power projects

May 09, 2021

Islamabad [Pakistan], May 9 : Pakistan's flagship CPEC power projects are hit by the circular debt and the Imran Khan government has failed to...