Pakistan finance minister Asad Umar resigns after being offered energy portfolio as part of cabinet reshuffle. Negotiations with IMF and FATF now at risk.
Here’s what’s happening across the border: US to ensure Pak doesn't use IMF bailout to repay Chinese debt, and Voice of America’s Urdu and Pashto websites blocked in Pakistan.
Here’s what’s happening across the border: Pakistan assures help in advancing Afghan peace process after Trump’s request; Finance minister says country's economic crisis is over.
Here’s what’s happening across the border: Imran Khan says Pakistan Army has supported all his decisions so far; China welcomes opening of the Kartarpur Corridor.
Here’s what’s happening across the border: PPP co-chairman Zardari is ready to talk to Nawaz Sharif, and newspapers editors object to new media legislation.
Here’s what’s happening across the border: Pakistan has no qualms about sharing loan details with IMF; leaders pay homage to human rights defender Asma Jahangir.
Pakistan’s forex reserves have plunged 40% in 2018 to lowest in almost 4 years. It’s running twin current-account and budget deficits of more than 5% of GDP.
RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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