Pakistan faces severe power crunch

Apr 16, 2022

Islamabad [Pakistan], April 16 : Pakistan is recording an electricity shortfall of 6,000 megawatts (MW) against the production of 15,500MW with a demand of...

Despite revival of IMF plan, Pakistan faces severe liquidity crunch

Sep 10, 2022

Islamabad [Pakistan], September 10 : Pakistan is still witnessing a severe dollar liquidity crunch despite the resumption of the last month of the International...

Pakistan in severe liquidity crunch amid ravaging floods

Sep 10, 2022

Islamabad [Pakistan], September 10 : Pakistan's macroeconomic vulnerabilities are not going anywhere as the country is reeling under a severe dollar liquidity crunch while...

Ramayana fame Ashok Vatika faces financial crunch amid Sri Lankan crisis

May 17, 2022

Nuwara Eliya [Sri Lanka], May 17 : Amid the ongoing crisis in Sri Lanka, Ashok Vatika of the Ramayana fame located in Nuwara Eliya...

Pakistan open to importing cheap oil from Russia

Jun 30, 2022

Islamabad [Pakistan], June 30 : Amid a financial crunch, rising inflation and deepening economic crisis, Pakistan is mulling oil imports from Russia.

Sri Lanka asks for USD 1.5 billion credit from India amid economic crisis

Apr 23, 2022

Washington [US], April 23 : Sri Lanka has asked for another one billion US dollar credit from India for imports as well as a...