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All Stories: Financial crisis

Mamta Kulkarni reveals shocking financial crisis

Former Bollywood star turned Hindu monk Mamta Kulkarni reveals being under severe financial crisis, as she addressed the allegations of paying INR10 crores to...

KP universities face severe financial crisis

PESHAWAR: Over 34 universities in Khyber Pakhtunkhwa (KP) are grappling with a financial crisis, facing a collective loss of over 15 billion rupees, ARY...

Sheikh Zayed Hospital in financial crisis as govt stops grant

LAHORE: The Sheikh Zayed Hospital is in the midst of a financial crisis as the federal government has stopped the grants, ARY News reported. As...

PIA financial crisis: International authorities reject collaboration

KARACHI: Due to the country's negative credit rating and dependence on the State Bank for foreign exchange, international organizations refused to go along with...

KP’s biggest university faces financial crisis

PESHAWAR: The biggest university of Khyber Pakhtunkhwa (KP) is facing financial crises, ARY News reported. According to sources, the university has no money to pay...

Financial crisis: Govt fails to issue employees’ upgradation notification

ISLAMABAD: The federal government is failed to issue the upgradation of government employees due to a financial crisis, ARY News reported on Thursday. Prime minister...

Sri Lanka to cut army by half after financial crisis

Bankrupt Sri Lanka will drastically slash its military, the defence ministry said Friday, as the government works to overhaul its shambolic finances after an...

Financial crisis: Balochistan CM to meet PM Shehbaz Sharif

QUETTA: Balochistan Chief Minister (CM) Mir Abdul Qudoos Bizenjo has decided to meet Prime Minister (PM) Shehbaz Sharif to discuss financial crisis in the...

Sri Lanka seeks urgent help to feed children

COLOMBO: Sri Lanka issued an urgent appeal on Monday to tackle rapidly spreading malnutrition among children as its economic crisis leaves nine out of...

Bangladesh seeks IMF support to head off financial crisis

DHAKA: Bangladesh has asked the International Monetary Fund for support in riding out a financial shock triggered by volatile energy prices after the Russian...

‘Pakistan out of financial crisis after hike in petrol prices’

ISLAMABAD: Finance Minister Miftah Ismail has asserted that Pakistan was out of the financial crisis after two hikes in petrol prices, ARY News reported...

FO rejects reports of Pakistan Missions facing financial difficulties

ISLAMABAD: The Foreign Office on Sunday rejected reports of financial difficulties being faced by Pakistani missions abroad due to a shortage of funds. In response...

Explainer: Lebanon’s financial meltdown and how it happened

Lebanon is grappling with a deep economic crisis after successive governments piled up debt following the 1975-1990 civil war with little to show for their spending binge

Stock markets suffer worst week since financial crisis

Global stocks slumped again Friday to mark the largest weekly drop since the 2008 global financial crisis over fears the coronavirus could wreak havoc on the world economy.

Govt starts leasing EOBI property to end financial crisis

The federal government has already raised the basic pension up to 23 per cent and it will be further increased to Rs10,000 by the end of 2019, said Zulfi Bukhari.

Financial crisis is over, economy on right track: SBP governor

In collaboration with the friendly countries, Pakistan has got rid of economic crisis and its economy has been set on the right direction, says State Bank of Pakistan Governor Tariq Bajwa.

Govt playing due role in steering institutions out of financial crisis: Fawad

The minister said the government would continue to help the media within its limits to cope with its financial crisis.

Govt striving to overcome financial crisis: PM

ISLAMABAD: Prime Minister Imran Khan on Friday said his government inherited a huge deficit of current and fiscal account and was endeavouring to overcome...

Azerbaijan offers $100million to address Pakistan’s energy issues

ISLAMABAD: Ambassador of Azerbaijan Ali Alizada called on Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain on Friday and said that Azerbaijan is...

World unprepared for next financial crisis: ex-IMF chief

PARIS: The world is less well equipped to manage a major financial crisis today than it was a decade ago, according to Dominique Strauss-Kahn,...
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