Posted inPakistan

Ukraine could tilt Pakistan into financial crisis

PESHAWAR – The International Monetary Fund’s US$6 billion bailout package for Pakistan is in jeopardy after Islamabad announced new fuel and energy subsidies and unveiled a tax amnesty scheme amid fears the Ukraine crisis would push the country’s current account deficit to a historic high of $20 billion. Analysts claim international rating agencies have warned […]

%d bloggers like this: