The government in Beijing and the Chinese central bank have not responded to requests for comment on the rollover. A top finance ministry official told Reuters on Wednesday that a formal confirmation of the refinancing will be made after the process was completed.
Former spinner opined that the Pakistan Cricket Board (PCB) could still conduct the Asia Cup without India's participation if it is confident of revenue generation. But if Pakistan think that they can conduct the tournament without India, they should go ahead.
Former cricketer opined that both parties unwilling to take a step back. It is possible that the Asia Cup won't be played this year. There isn't much time left.
India Had MS Dhoni, Rohit Sharma Whereas Our Players Were Yet To Lose Their Milk Teeth: Sarfaraz Ahmed's Shocking Statement. Pakistan's youngsters stunned India in the grand stage of an ICC tournament final. The Champions Trophy 2017 will always be historic as it was Pakistan cricket's greatest comeback story.
Pakistan beat India in the Champions Trophy final by 180 runs. Sarfaraz Ahmed recalls feeling the pressure as a captain early in the tournament. Pakistan had lost their first game to India by 124 runs earlier in the competition. The men in green won the tournament after a comeback from losing their first match.
Board of Control for Cricket in India announces new set of central contracts for its men cricketers for the year 2023. Former India captain Virat Kohli has retained his spot in the topmost A+ category of players earning Rs. 7 crore per year. The Pakistan captain is bracketed under the red and white-ball contracts category. Babar Azam is 12 times more than Kohli makes under the new contract.
This comes months after unprecedented floods submerged large swathes of land across Sindh and southern Punjab. The indus river system authority (Irsa) said it would be compelled to follow a controversial three-tier water management mechanism. But it could not finalize the estimates of overall water availability for Kharif 2023.
The state bank of Pakistan is likely to increase the benchmark policy rate by 200 basis points. The bank has raised the interest rate by 300 basis points to 20% in the first week of March this year. A clear indication of the policy hike was given in the latest treasury bill auction.
The list includes countries that the European Union considers to have strategic deficiencies in their anti-money laundering and counter-terrorism financing frameworks. The move comes as a much-needed breather when Pakistan faces an economic crisis.
De-listing of Pakistan from EU's updated list of high-risk third-countries is a major development which would facilitate our businesses, individuals and entities. The move comes as a much-needed breather when Pakistan faces an economic crisis.
A pair of their bowlers make giant strides on the latest ICC Men’s T20I Player Rankings. It was the first time Afghanistan had beaten Pakistan in a bilateral series. Spinner Rashid Khan overtook Sri Lankan tweaker Wanindu Hasaranga to become the top ranked bowler in the world once again.
Hardik Pandya continues to churn out impressive performances in ODIs and T20Is. His career is on an upward trajectory ever since he led IPL debutant Gujarat Titans to title win last year.
Nearly 80% of the rescue lending was made between 2016 and 2021, mainly to middle-income countries including Argentina, Mongolia and Pakistan. Argentina received the most, with $111.8 billion, followed Pakistan on $48.5 billion and Egypt with $15.6 billion.
The cost of chicken has surged to PKR 350 per kilogram, while rice has gone up by 70 per kilogram. Price hike has put an additional financial burden on the people of Pakistan.
The apex court ordered the ECP on March 1 to hold elections within 90 days of dissolution of Punjab assembly. On march 8, the eCP issued the schedule for elections in Punjab, whereas the governor did not announce a date for the polls.
The international monetary fund and crisis-hit Pakistan are locked in a debate over an unfinished loan program required for the ongoing financial collapse. The funds are part of a USD 6.5 billion bailout package approved by the IMF in 2019. No funding has been granted to the cash-strapped country yet.
India and Pakistan are at loggerheads regarding the 2023 Asia Cup. The men could be set to play their Asia Cup games at a neutral venue. A final decision has yet to be made official via the Asian Cricket Council.
Defence minister said the finance ministry has no funds for elections. The country is facing a major economic crisis and is grappling with high external debt, a weak local currency and dwindling foreign exchange reserves.
Wasim Akram played under 13 different captains in the 1996 world cup. He was so overwhelmed by Imran's 'presence' and 'beauty' he became one of the world's best all-rounders.
Former Pakistan captain Salman Butt has slammed the Indian coach for his comments about the team management narrowing down the squad for the ODI world cup 2023. Butt said that he should focus on winning the series against Australia at the moment.
A subsidy of INR 50 per litre was part of a relief package. It would be available to those who own motorcycles rickshaws , 800cc cars, and other small vehicles. The government is committed to helping the poor despite economic difficulties.
The international Monetary Fund (IMF) has rubbished claims it has attached nuclear-programme-related strings for the revival of Pakistan's bailout package. He made the comment in response to Senator Raza Rabbani’s questions about the delay in signing the agreement with the IMF.
Sports minister anurag Thakur deflected a question on the Indian cricket team's participation in the Asia Cup in Pakistan. He said the home ministry will take a call on India's travel to Pakistan citing players’ security, but on Sunday Thakur placed the ball in the court.
The number of unemployed in the country will rise by over 2 to 8 million by 2022-23. Economist hafiz A Pasha opined the unemployment rate will approach 10 percent 'probably for the first time'
The ICC intends to see if an Indian vs Pakistan game can be taken to the american shores in order to promote the game in those markets and explore future possibilities.
Team india beat australia 83/5 in the first ODI series. Both teams struggled to negotiate the pitch. Sarfaraz Ahmed was caught yawning behind the stumps during the match.
The embassy in Islamabad has asked the embattled country to loosen forex restrictions which pose a hurdle in coal imports due to which Chinese power plants in Punjab, Balochistan and Sindh are not working optimally. Embassy said the urgent messages from China were conveyed to the planning commission on March 13, 2023.
Ishaq Dar announced that cash-strapped Pakistan had another received $500 million from the Industrial and Commercial Bank of China Ltd (ICBC) at the time, Dar said the facility would be disbursed in three instalments, with the first instalment of $500m received by the central bank.
Finance minister Ishaq Dar announced the receipt of $500 million from the State Bank of Pakistan. The government of Pakistan completed documentation for its disbursement. He said the formalities were complete.
Former Indian off-spinner said that maybe Pakistan Cricket needs India but India can run without them. He said if they want to come, come and if not come we don’t care. Maybe Pakistan cricket needs India. The former ODI world cup skipper said that if BCCI skips Asia Cup in Pakistan, India should not travel to Pakistan.
The international air transport association (IATA) recently stated that it has become “very challenging” for carriers to serve Pakistan as they struggle to repatriate $290 million in dues. The fast-depleting foreign exchange reserves currently stand at a measly $4.3Bn.
The board of control for cricket in India (BCCI) and the Pakistan Cricket Board (PCB) are involved in a tussle with India’s decision not to travel to Pakistan for the Asia Cup 2023 tournament later this year. A final decision on the venue of the tournament is yet to be taken by the Asian Cricket Council (ACC)
Alleged commander of the Tehreek-i-Insaaf is part of the mob preventing the arrest of ousted prime minister imran Khan. He is facing charges in several legal cases, including the toshkhana corruption case, and also terrorism.
Pact with the IMF would open up access to other financing avenues for Pakistan. The country needs to repay about $3 billion of debt by June, while $4 billion is expected to be rolled-over.
Finance minister says there will be 'no compromise' on the country's nuclear and missile programmes. He blames the delay on the previous government, whose "failure to meet commitments" created a trust deficit.
Shoaib Akhtar has suggested a new name for the venue of the upcoming Asia Cup which is slated to be hosted by Pakistan in September this year. The fast bowling legend suggested the event be held in Sri Lanka.
The new price will be enforced from Thursday. Petrol will now cost Rs 272 per litre. High-speed diesel (HSD) will cost Rs 293 in the cash-strapped nation.
The price of kerosene has jumped to Rs190.29 per litre while light diesel oil (LDO) remains Rs184.68. The oil industry is in serious trouble arranging crude oil and petroleum products.
Pakistan cricket team unlikely to travel to india for ODI world cup 2023. Team was denied NOC by the government citing security issues. Government expressed concern over safety and security of cricketers.
Shehbaz Sharif accuses former pm of running away from courts. He is accused of 'derailing his own IMF [international Monetary Fund] programme' comes as the country has been scrambling to sign the much-anticipated staff-level agreement.
The budget proposes to double the economic support fund to crisis-hit Pakistan to USD 82 million for fiscal 2024. It will help its recovery from devastating floods, diversify the energy supply, and support activities to build emergency preparedness capabilities. The support was USD 39 million in 2022.
India beat west indies to win the 1983 world cup. Coloured clothing and white ball cricket made its global debut. India registered comprehensive victories over arch-rivals Pakistan, England, Australia and new Zealand.
The police in lahore booked imran Khan and 400 others on the charges of murder and terrorism. This is the 80th case against ousted prime minister Khan registered by the Pakistan Muslim League-Nawaz-led coalition government during its 11 months of rule.
The government has hiked sales tax from 17 per cent to 25 per cent on select luxury goods. The country is taking steps to unlock the USD 1.1 billion tranche of funding from the IMF.
Former prime minister imran Khan has been booked on murder and terrorism charges. The development comes days after a non-bailable warrant was issued against him over the case. A pro-judiciary rally had begun outside Khan's residence.
The domestic debt jumped by PKR 4 trillion or around 7.7 percent in January 2023. The debt increased by 30 percent from Rs 42.39 trillion in january 2022.
A staff level agreement would release $1.1 billion to the cash-strapped south Asian economy. The funds are part of a $6.5 billion bailout package the IMF approved in 2019.
The central government's domestic debt rose by PKR 3.218 trillion in the first seven months of the current fiscal year. The governments borrowings through long-term, high-cost Pakistan Investment Bonds (PIBs) reached 20.9 trillion by the end of January.
The country's external debt rose sharply by 38% to PKR 20.69 trillion by the end of January 2023 compared to the year-ago period. The report said the rise in debt could be attributed to massive devaluation in the local currency against the US dollar.
The international monetary fund (IMF) will temporarily increase funding limits for member nations to help them overcome current financial challenges. The annual limit will be raised to 200% of the quota for a period of 12 months from the current 145%. Changes will provide member countries— access to funds without triggering the so-called exceptional access framework.
The international monetary fund asked the country to give an assurance that its balance of payments deficit is fully financed for the fiscal year ending in June. The funding is critical for the south Asian economy, with its central bank foreign exchange reserves dropping to levels barely able to cover four weeks of imports, according to Reuters.
Two cricketing giants, India and Pakistan, will host the Asia Cup. The world cup is slated to take place in india. A strained political relationship between the two teams has resulted in the team not playing each other.
APKEY HIGHLIGHTS Babar Azam broke his silence on the 2023 cricket world cup saga. The two biggest events in the men's cricket calendar in 2023 are under dropIndia will not travel to Pakistan for the Asia Cup. But the participation of both India and Pakistan is under massive question.
A pair of 40s in the last couple of weeks could be among the most important innings of his career. Head was left out of the opening match of this series in Nagpur based on his struggles last year in Pakistan and Sri Lanka. He played superbly on the second evening to put Australia ahead in the game.
Pakistan's healthcare system has been badly hit and its capacity to import the required medicines has deteriorated. Doctors are forced to not perform surgeries due to the shortage of drugs and medical equipment.
India beat Pakistan and west indies in their previous games in the marquee tournament. The English team holds the first position in the standings by virtue of a better net run-rate.
The international Monetary Fund (IMF) will resume online talks with Pakistan next week. Talks are aimed at unlocking at least $1.1 billion of stalled funding as part of a $6.5 billion bailout signed in 2019. The country has agreed with the IMF on the conditions to release the funds.
Mandhana is likely to be available for india's second game against west indies on february 15. The vice-captain has been ruled out due to a finger injury. She has been declared fit to play. He said she will be available from the second game onwards.
