Pakistan Economic Crisis: Pakistan, desperate for every penny, is once again on the way to bankruptcy. The International Monetary Fund (IMF) has warned about the economic situation of Pakistan in its recent report. The IMF said in its report released on Friday that the economic threat to Pakistan is at an exceptionally high level. This report has come just before the organization’s final talks with Pakistan, in such a situation some experts believe that the IMF is also in no mood to give loan. In the report of the International…
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Pakistan Financial crisis Pakistan is planning to take 6 billion dollar loan from IMF
Pakistan IMF Loan: Bloomberg News quoted a Pakistani official as saying that Pakistan is planning to take a loan of 6 billion dollars from IMF to run the government. This loan will help the new government to be formed in Pakistan in repaying the outstanding debt of billions. Preparations for this have already been intensified. The report said that Pakistan will negotiate an extended fund facility with the IMF. Negotiations for this loan with the IMF are expected to begin in March or April. It is being told that the…
Read MoreIMF Gave A Big Warning To The Countries, Said That AI Will Reduce 40% Jobs And Increase The Inequality In The World | IMF warned the world, said
Artificial Intelligence: Nowadays you must be hearing the name of AI i.e. Artificial Intelligence a lot in social media and news. It is also called artificial intelligence in Hindi. Its job is to make many difficult tasks of people easy in a pinch. AI is going to play a big role in the world which is rapidly moving towards modern technology, the beginning of which has already started. What did the IMF say about AI? Every modern technology has both advantages and disadvantages. The same is happening with AI also.…
Read MoreChinese Economy Getting Worse In 2024 According To Report Xi Jinping Country Facing Low Income Due To Zero Covid Policy
Chinese Economy Getting Worse In 2024: for china year 2023 The biggest bad news was its declining economy. The country’s economy is struggling to recover from the impact of the COVID-19 shutdown and long-standing structural problems have become impossible to ignore. The economic data has been troubling throughout the year and there is no improvement in it. An article in Foreign Policy states that foreign investment has declined and capital outflow has increased rapidly. Although job numbers have recovered somewhat on paper, official figures are highly unreliable, and the picture…
Read MorePakistan Economic Crisis State Bank Of Pakistan Inform That Pakistan’s Foreign Exchange Reserves Fall Below Three Billion Dollar
Pakistan Economic Crisis: At present, the economic condition of Pakistan is very bad. Nowadays Pakistan is facing problems in every field due to lack of money. Pakistan has a debt of 103 million dollars. Today on February 9, Pakistan’s State Bank of Pakistan (SBP) informed that the new foreign exchange reserves declared after February 3 have come down from $170 million to $2.9 million. At the same time, talks with the International Monetary Fund (IMF) regarding the release of money under the bailout program are closed. Right now Pakistan is…
Read MoreWhat Is Gold Reserve How Much Gold Is Reserved In India Know About It
What is Gold Reserves: Work is underway on gold investment and storage around the world. Every country is trying to reserve maximum gold with itself. The Prime Minister of India Shri Narendra Modi had also launched three schemes in November 2015 for the storage of gold namely Gold Monetization Scheme, Sovereign Gold Bond Scheme and Indian Gold Coin. Then the Prime Minister had said that the people of the country can increase the country’s gold reserve by contributing their own contribution in this scheme of the government. Significantly, since then…
Read MorePakistan Currency: The trouble of Pakistan, which is facing cash crisis, is not decreasing, rupee has fallen against one dollar, know the latest updates
Pakistan Currency: On Thursday (January 26), a big decline was registered in the currency of Pakistan, which is facing cash crisis. The currency depreciated after the government indicated that it was ready to accept tougher conditions for the next installment of the bailout package from the International Monetary Fund. The Pakistani rupee had closed at Rs 230 per dollar on Wednesday (January 25). Within a few hours of the market opening on Thursday (January 26), it further fell to Rs 255. The government has not given any statement on this…
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