Economic Crisis - Asian News from UK

25th loan – Pakistan perennially stuck in an IMF program?

The choice is stark. Either Pakistan continues its love-hate affair with the IMF, returning every few years for another bailout, or it breaks the cycle by addressing corruption, broadening the tax base,

December 20, 2025

-Top News·Economy·Pakistan

Economic Crisis and Security Threats Loom Over Pakistan

Some political parties also have highlighted the security challenge as the basis on why polls should not be held on 8th February 2024…reports Asian Lite News Pakistan is heading into a delayed

February 3, 2024

-Top News·Pakistan

Economic crisis reveals true friends: Lankan Minister

The Sri Lankan minister said that some issues related to Tamilians, especially fishermen issues were also discussed during the meeting with PM Modi..reports Asian Lite News The India-Sri Lanka relationship is strong

August 1, 2023

-Top News·Asia News·Sri Lanka

Pak economy in tailspin as Saudi cold, IMF paused

There is a very slim chance that Pakistan may be able to win Saudi Arabian support for the resumption of its IMF programme, but if it does, this will be a temporary

April 11, 2023

-Top News·Asia News·Economy

Delay in Reforms Push Islamabad into Default

Pak economy has little chance to improve without addressing structural distortions. The World Bank, identifying the main reasons for structural imbalances, observed that distortions either introduced by policy decisions or other impediments

November 26, 2022

-Top News·Asia News·COLUMNS

Desperate Pakistan plans selling assets to prevent default

Pakistan President Arif Alvi has not signed the ordinance yet, reports Asian Lite News In a desperate attempt to save the country from default through emergency sale of state’s assets to foreign

July 23, 2022

-Top News·Asia News

World should worry about Pakistan’s looming collapse

Sri Lanka’s collapse worries the region, but Pakistan’s collapse should worry the world With a shrinking economy and rising inflation in Pakistan, experts worry that Pakistan’s future is bleak saying that while

July 16, 2022

-Top News·Asia News

‘Tyranny, nepotism’: Galle Face protesters slam Rajapaksa rule

Furious protesters have been demanding change in the political system and held Rajapaksas responsible for the present state of the economy as well as demanding that “the president and Prime Minister should

April 16, 2022

-Top News·Asia News·Sri Lanka

Sri Lanka declares emergency amid unrest over economic crisis

President Gotabaya Rajapaksa said he believed there was a “public emergency in Sri Lanka” that necessitated invoking the tough laws, reports Asian Lite News Sri Lanka’s President Gotabaya Rajapaksa on Friday declared

April 2, 2022

-Top News·Asia News·Sri Lanka