Pakistan's oil companies face crisis as govt holds up funds

IANS | April 9, 2026 2:52 PM

New Delhi, April 9 (IANS) Pakistan's oil marketing companies are facing an acute liquidity crisis as up to Rs107 billion in unpaid price differential claims remain stuck, with industry players accusing the Oil and Gas Regulatory Authority of repeatedly shifting documentation requirements instead of clearing dues, according to an article in the local media.

World Bank warns higher inflation, low fiscal space for Bangladesh

IANS | April 9, 2026 2:33 PM

New Delhi, April 9 (IANS) A protracted conflict in the Middle East could push Bangladesh's inflation higher, widen the current‑account deficit, weaker exports, lower remittances and reduce fiscal space as energy subsidies rise, a new report has said.

Pakistan’s economy faces deeper stress amid West Asia crisis

IANS | April 9, 2026 2:08 PM

New Delhi, April 9 (IANS) Pakistan’s economy has come under further stress due to external shocks triggered by the West Asia crisis, as the country struggles under a mountain of foreign debt with weak GDP growth, declining investment and rising inflation, according to an article in Lisbon Post.

Fresh $600 million borrowing flags Pakistan’s fragile finances: Report

IANS | April 9, 2026 2:01 PM

New Delhi, April 9 (IANS) Pakistan’s economy remains under pressure, as its decision to secure a $600 million short-term loan from Standard Chartered Bank has once again highlighted the country’s fragile external financing position amid mounting fiscal and external challenges, according to a new report.

Youth unemployment emerging as major problem in China: Report

IANS | April 9, 2026 1:39 PM

New Delhi, April 9 (IANS) Youth unemployment is emerging as a major problem in China which is raising a question mark on the Asian giant’s “economic miracle.” World Bank estimates put youth unemployment at about 17.7 per cent in 2025, reflecting slower job creation amid an increasing number of university graduates entering the labour market.