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  • financial crisis

Tag: financial crisis

Peshawar
Latest
  • WEB DESK
  • Mar 17, 2024
Peshawar university in financial crisis; two months’ salaries delayed

Vice-Chancellor of Peshawar University of Agriculture Dr Jahan Bakht spoke on the challenges posed by a reduced budget allocation for universities, and explained the escalating expenditure on salaries and pensions as key factors contributing to the university’s financial woes.

sri lanka economy
Latest
  • WEB DESK
  • Mar 16, 2024
Tourism surge sparks economic revival in Sri Lanka, Q4 data shows

Sri Lanka’s economy showed a remarkable recovery in the fourth quarter of 2023, following the severe financial challenges the island nation faced. According to the government’s announcement on Saturday, this resurgence was fueled by an increase in tourism arrivals.

PIA plane inspection and airport management inspection by Canadian delegation
Latest
  • WEB DESK
  • Oct 30, 2023
PIA set to operate more flights

PIA announced on Monday that it would be able to resume more flights thanks to a credit line extension from Pakistan State Oil (PSO).

8 state owned companies Rs2201 billion
Latest
  • WEB DESK
  • Oct 26, 2023
PIA’s ongoing fuel crisis: 349 flights disrupted in two weeks

Pakistan International Airlines (PIA) has been compelled to cancel 349 flights in the past fortnight due to an acute fuel shortage, a situation that underscores the challenges faced by the financially struggling national carrier.

KP Sehat card
  • WEB DESK
  • Oct 19, 2023
Free treatment under Sehat Card suspended in Khyber Pakhtunkhwa

In Khyber Pakhtunkhwa, free treatment under the Sehat Card programme has been suspended once again, as the insurance company informed the panel hospitals.

PIA
  • WEB DESK
  • Sep 10, 2023
PIA’s financial crisis: fleet feared to shrink to 15 planes

Out of PIA’s 35 planes fleet, 20 aircraft are operational and the remaining 15 aircraft are grounded.

Pakistan railway PIA losses
  • Zahid Gishkori
  • Sep 08, 2023
Losses of eight state-owned entities surges to Rs2,201billion

The combined financial losses incurred by eight government entities that operate at a deficit have surged, reaching a staggering Rs2,201 billion. Among these entities are prominent names like Pakistan Steel Mills, Pakistan International Airlines (PIA), and the Pakistan Railways (PR).

peshawar university salaries
  • Waqas Buneri
  • Aug 22, 2023
University of Peshawar faces financial crisis

The University of Peshawar is currently facing a severe financial crisis, raising concerns about its ability to fulfill its commitment of paying employee salaries

KP's financial straits
Latest
  • Zafar Ali
  • Jul 31, 2023
KP’s financial straits deepen as Islamabad holds back dues

KP is currently facing a serious financial crisis due to the federal government’s failure to provide the province with the promised funds over the past five years.

Latest

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  • WEB DESK
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  • WEB DESK
  • 46 Minutes ago
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IHC stops FIA from declaring exam results as applicants lodge complaints
  • Web Desk Karachi
  • 1 Hour ago
IHC stops FIA from declaring exam results as applicants lodge complaints
12 killed, 18 injured as heavy rains and flash floods batter KP
  • Waqas Buneri
  • 1 Hour ago
12 killed, 18 injured as heavy rains and flash floods batter KP
PM Shehbaz, Iran's Momeni reaffirm commitment to peace, stability in region
  • WEB DESK
  • 2 Hours ago
PM Shehbaz, Iran’s Momeni reaffirm commitment to peace, stability in region
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