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Default threat reaches Pak as inflation rises, political crisis worsens

Soaring inflation. Squabbles over fuel prices. A fractious political environment. For months, Pakistan has struggled to keep its economy afloat, raising the prospect that one of the world’s most...

For Pakistan, Help Worth $3 Billion From Saudi Arabia

Saudi Arabia is finalising the extension of the kingdom's $3 billion deposit to Pakistan, Saudi Minister of Finance Mohammed al-Jadaan told Reuters. "We are currently...

Instability in Pakistan may impact China ties, CPEC, IMF loans

China’s interactions with the new government in Pakistan may not have generated the necessary confidence to consolidate bilateral ties and in particular, give the...

Pak FM rules out removal of fuel, power subsidies ahead of IMF talks

Pakistan Finance Minister Miftah Ismail said on Monday that the government will not remove subsidies on power and fuel as per the commitment made by the...

Pakistan Foreign Minister Bilawal Bhutto holds talks with Chinese counterpart Wang Yi on maiden visit to China

Pakistan’s newly-appointed Foreign Minister Bilawal Bhutto Zardari held talks with his Chinese counterpart Wang Yi on Sunday in the Chinese city of Guangzhou to firm up...

Pak PM’s New Proposal On China-Pakistan Economic Corridor: Include Turkey

Pakistan Prime Minister Shehbaz Sharif proposed that the ambitious China-Pakistan Economic Corridor (CPEC) be turned into a "trilateral arrangement" between China, Pakistan and...

China looking to construct military outposts in Pakistan: Report

China is reportedly pressurising Pakistan to let it construct military outposts for its citizens working in Pakistan in the wake of recent terrorist attacks...

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