The Pakistain Finance Ministry has ordered the Accountant General of Pakistain Revenues (AGPR) to block the wages of all federal
According to a report on Saturday, the government ordered the AGPR to stop paying bills, including
The report follows the declaration by Prime Minister Shehbaz Sharif that the government’s primary priority is enacting austerity measures.
The premier added that the government "had tried its best to fulfil its job," adding that "everyone, even the ministers, advisers, and
The measures aim to reduce inflation and economic crisis in the country. As per the report by Khawaja Asif, the defense minister, the government had already declared bankruptcy. The solution to the country’s issues lies within the country, not merely with the IMF.
Pakistain on Friday received a loan of USD 700 million from China to help cash strapped country. At the same time, it also sought to obtain guarantees from Saudi Arabia
...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. Fifteen of the nineteen WTC hijackers were Saudis, and most major jihadi commanders were Saudis, to include Osama bin Laden. Crown Prince Mohammed bin Salman quietly folded that tent in 2016, doing terrible things to the guys running it, and has since been dragging the kingdom into the current century...for additional financing as the government works to restart the international Monetary Fund program.