Delayed funds Editorial Published August 26, 2024 A FRIEND in need is a friend indeed. China, Saudi Arabia, and the UAE have lived up to the adage, rescuing Pakistan multiple times in recent years by propping up its international reserves through large cash deposits and loans, as well as rolling over their […]
IMF sees progress on Egypt loan program amid Gaza pressures By Andrea Shalal and David Lawder February 23, 2024 WASHINGTON, Feb 22 (Reuters) – Talks with Egypt to boost its International Monetary Fund […]
Almost half of humanity lives in countries that spend more servicing interest on debt than health or education, UN says. Published On 13 Jul 2023 Approximately 3.3 billion people – […]
A Ukrainian service member points toward ammunition inside a storage warehouse in the Donetsk region of Ukraine, on May 22, 2023. Photo: Justin Yau/ Sipa via AP The U.S.-brokered loan let […]
Why Pakistan is failing Zahid Hussain Published August 2, 2023 WHAT the former FBR chief revealed in a TV interview last week only reinforces the perception of a failing oligarchic state. It provides an […]
Will give strong signals of market stabilisation policies, ease inflationary pressures Shahbaz RanaFebruary 14, 2023 The headline inflation in January hit a 48-year high at 27.6%. But core inflation in rural areas was 19.4% while in urban areas it was 15.4%. Photo: file ISLAMABAD: The International Monetary Fund (IMF) has […]
Pakistan’s economy is facing total collapse – will it go the same way as Sri Lanka? ByJoe Wallen, SOUTH ASIA CORRESPONDENT13 February 2023 • The morning news updates on the television […]
Shahid Mehmood Published September 23, 2022 LISTEN TO ARTICLE1x1.2×1.5x THE resumption of the IMF package, that was badly needed to avert an external payments crisis, has reignited passions. As most countrymen wrestle with the question of whether or not the Fund is a tool of neocolonialism to keep countries like Pakistan sedated and subservient, […]
bbc.com By Caroline Davies BBC News, Islamabad Eleventh-hour negotiations between Pakistan and the International Monetary Fund (IMF) have failed to unlock $1.1bn in crucial funds aimed at preventing the country […]
By Suranjana Tewari and Peter Hoskins BBC News A third of the global economy will be in recession this year, the head of the International Monetary Fund (IMF) has warned. […]
Analysis: Are more loans the answer to Pakistan’s ‘empty coffers’? Shahid Iqbal Published October 25, 2022 FINANCE Minister Ishaq Dar seems to have run out of steam ever since he returned from […]
Hyun-Sung Khang profiles Princeton’s Atif Mian, who sees the fight against inequality as a moral imperative Everyone knows someone who buys more than he or she can afford. This has […]
Hyun-Sung Khang profiles Princeton’s Atif Mian, who sees the fight against inequality as a moral imperative Everyone knows someone who buys more than he or she can afford. This has […]
A troubled start Maleeha Lodhi Published April 25, 2022 – AS anticipated, the Shehbaz Sharif government has faced many obstacles since it assumed power. Several impediments have been placed in the way […]
Apr 25,2022 – JORDAN TIMES / Anne O. Krueger WASHINGTON, DC — When the economy is going well, the poor benefit more than others. But when things are going badly, it is the poor who are hurt the most. This is especially true in the case of the COVID-19 pandemic, […]
To Know more how you can benefit from the Muslim Times, go to our Homepage or About Us page. Promoted post: Putin lays out his demands in Turkish phone call and Clare Daly an Irish MEP: […]
By AFP – Mar 08,2020 – JORDAN TIMES BEIRUT — Lebanon, shaken by street protests and economic crisis and now set to default on its Eurobond debt, has pledged reforms […]
Our favorite posts: The Muslim Times Recommending Universal BCG Vaccination to Fight the Pandemic and A Moonshot Moment for the Muslims: Making Covid 19 Vaccine before the West and China Nov 18,2019 – JORDAN TIMES […]
May 25,2019 – JORDAN TIMES – Anne O. Krueger WASHINGTON, DC — Not content with its trade war against China, US President Donald Trump’s administration has also opened bilateral trade […]
Ben Farmer, in Islamabad 13 May 2019 Imran Khan’s Pakistan government will bring in painful tax increases, subsidy cuts and devalue the rupee in return for a $6bn (£4.5bn) […]