Tue, 21-Oct-2025

Pakistan is ‘facing a perfect storm’: FM Bilawal

Bilawal

Bilawal said Pakistan country is facing a perfect storm Bilawal said Pakistan is facing the worst economic crisis He said Pakistan is holding negotiations with the IMF MUNICH: Foreign Minister Bilawal Bhutto Zardari has said that his country is facing a perfect storm and the worst economic crisis. The foreign minister gave wide-ranging interview with … Read more

Matalan bondholders want to debate about the future of the cheap retailer

Matalan

Lenders to Matalan are gearing up for tense discussions regarding the chain’s future financing amid rising inflation. Matalan’s senior bondholders are queuing up Perella Weinberg Partners to advise them on their alternatives. Meanwhile, other junior lenders, who are owed some £80 million, are close to engaging Houlihan Lokey to advise them. Lenders to Matalan, one … Read more

Pakistan urges more aid to help pandemic-hit countries overcome economic crises

UN wants $5 bn aid for Afghanistan in 2022

UNITED NATIONS: Developing countries are suffering the adverse economic effects of COVID-19 disproportionately and require more comprehensive financing help in the wake of the pandemic, Pakistan told a gathering of parliamentarians from around the world on Thursday. “In the present-day world, growing economic inequalities are a threat to sustainable development, and Covid-19 has added to … Read more