Sort

What happens when a country runs out of money? - World Finance

Thursday, January 12, 2023

News Type: USIP in the News

Picture the scene: ordinary people splash in Sri Lanka’s presidential pool while another dozen or so pump iron in the presidential palace gym. Hundreds more enthusiastically wave the national flag in gilded offices, atop balconies, and on manicured lawns. Others loudly sing the national anthem, raising homemade...

Economics

Biden’s quip ‘won’t help US cause’ - Dawn

Sunday, October 16, 2022

News Type: USIP in the News

The White House assured Pakistan on Saturday that President Joe Biden supports a strong and prosperous Pakistan, hours after the US leader stirred a storm by calling the South Asian nuclear nation a dangerous nation. “The president views a secure and prosperous Pakistan as critical to US interests,” said White House Press Secretary Karine Jean-Pierre when asked...

Global Policy

Gen Bajwa’s US visit seen as part of efforts to reset ties - Dawn

Friday, October 7, 2022

News Type: USIP in the News

Chief of the Army Staff Gen Qamar Javed Bajwa left for home on Wednesday evening after a five-day visit to the United States, which is being interpreted by the international media as part of an effort to reset US-Pakistan ties. While the international media focused on issues like Pakistan-US ties, India-Pakistan and Pakistan-China relations, the media in Pakistan showed more interest on the possible impact of...

Global Policy

Pakistani Army Chief's US Visit Seen as Bid to Redefine Ties - Voice of America

Friday, October 7, 2022

News Type: USIP in the News

A recently concluded six-day visit to Washington by Pakistan’s powerful military head, Chief of Army Staff Gen. Qamar Javed Bajwa, is being seen in both countries as a sign that Islamabad is seeking to mend sometimes-strained relations with the West. Public statements released by officials from both countries emphasized...

Global Policy

IMF approves revival of Pakistan's EFF programme: Finance Minister Miftah - ANI

Tuesday, August 30, 2022

News Type: USIP in the News

The international Monetary Fund's (IMF) executive board has approved the revival of Pakistan's Extended Fund Facility (EFF) programme, said the country's Finance Minister Miftah Ismail, adding that after this, the country will receive the 7th and 8th tranche of USD 1.17 billion. "Alhamdolillah the IMF Board has...

Economics

IMF, Pakistan to meet today for key talks on loan plans - ANI

Monday, August 29, 2022

News Type: USIP in the News

The International Monetary Fund (IMF) will meet the top officials of cash-strapped Pakistan on Monday to consider a bailout package as the country continues to face several economic hardships. "The board is likely to approve the disbursement of the 8th and 9th tranche (over USD 1.2 billion) on...

Economics

IMF to Meet Monday to Decide on Pakistan Bailout - Voice of America

Friday, August 26, 2022

News Type: USIP in the News

The executive board of the International Monetary Fund is slated to convene Monday to decide whether to disburse over $1 billion in loans to Pakistan. The move will unlock critically needed additional foreign funding as the country struggles to avoid economic collapse amid high inflation and low...

Economics