Tag : Pakistan

Business

Pakistan’s economy suffers major setback as IMF denies $6 billion loan

omandailynews.com
The International Monetary Fund (IMF) has dealt another blow to Pakistan’s economy by rejecting the country’s claim of fulfilling the conditions necessary to secure a $6 billion loan. Pakistan signed an agreement with the IMF in 2019 to provide the loan upon meeting certain conditions. However, the funds have not......
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Death toll reaches 17 in tragic Pakistan ammunition store explosions

omandailynews.com
The death toll following a series of explosions at a police ammunition depot in northwestern Pakistan has tragically risen to 17, according to local authorities. Among the deceased are nine police officers, five detainees, and three civilians. Swat Valley Police Chief Shafiullah Gandapur confirmed the updated death count, adding that......
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Thefts of cars and bikes increases as Pakistan is on the brink of civil war

omandailynews.com
It is possible that Pakistan’s economic crisis will be worse than Sri Lanka’s last year. Due to the economic meltdown, hungry, poor, and armed Pakistanis are stealing cars and bikes. The masses are clashing with the police across various cities as the country is on the verge of a civil......