[Tree] Pakistan's economic potential and diplomatic relations with the US

Version 0.41 (2024-10-15 07:48:08.672000)

updates: Ambassador's visit highlights economic opportunities in Texas

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Version 0.4 (2024-09-14 08:47:23.305000)

updates: Added context on military and economic cooperation

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Version 0.39 (2024-07-03 21:55:18.689000)

updates: Sindh Chief Minister highlights the growing economic partnership between Pakistan and the US

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Version 0.38 (2024-06-13 02:57:41.837000)

updates: US-China competition in international development

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Version 0.37 (2024-06-11 20:56:30.131000)

updates: Updates on US-China competition in international development

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Version 0.36 (2024-05-25 00:54:07.392000)

updates: Updates on US-China competition and its impact on the world order

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Version 0.35 (2024-05-24 06:56:00.029000)

updates: Updates on Pakistan-US partnership and China-Pakistan relations

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Version 0.34 (2024-05-14 01:56:57.117000)

updates: The impact of the US-China trade war on Pakistan's economic partnerships

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Version 0.33 (2024-05-12 00:52:15.619000)

updates: Incorporated information about Iranian President Raisi's visit to Pakistan and its implications for US and Israel

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Version 0.32 (2024-05-05 02:54:03.410000)

updates: Pakistan's efforts to maintain balance in US-China relations

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Version 0.31 (2024-04-07 22:21:56.983000)

updates: President Biden's letter signals positive step in Pakistan-US relations

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Version 0.3 (2024-04-01 05:20:25.799000)

updates: Pakistan's Prime Minister expresses desire for strong partnership with the US

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Version 0.29 (2024-03-31 14:23:08.471000)

updates: Integration of Pakistan's Prime Minister's statement on desiring a strong partnership with the US for achieving global peace

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Version 0.28 (2024-03-30 01:19:27.184000)

updates: Deputy Speaker Channar's meeting with US Consul General, discussion on promoting Pak-US relations

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Version 0.27 (2024-03-29 22:21:04.508000)

updates: Deputy Speaker Malik Zaheer Iqbal Channar's meeting with US Consul General

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Version 0.26 (2024-03-24 08:18:21.158000)

updates: Highlights of the US Congressional hearing on Pakistan

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Version 0.25 (2024-03-23 01:21:35.461000)

updates: A round table discussion on Pakistan-US relations held in Islamabad

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Version 0.24 (2024-03-22 19:21:06.914000)

updates: Reaffirmation of commitment to achieving shared energy goals

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Version 0.23 (2024-03-22 16:22:23.198000)

updates: Discussion of investment opportunities and energy sector cooperation between the US and Pakistan

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Version 0.22 (2024-03-19 18:28:24.062000)

updates: The US Ambassador to Pakistan, Donald Blome, met with Pakistan's Minister for Finance & Revenue, Muhammad Aurangzeb, to discuss bilateral cooperation and economic ties between the two countries.

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Version 0.21 (2024-03-19 07:22:37.878000)

updates: US Ambassador Blome meets with President Zardari to discuss bilateral issues

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Version 0.2 (2024-03-19 05:20:34.373000)

updates: Updated information on US-Pakistan collaboration on economic and security issues

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Version 0.19 (2024-03-19 01:19:10.938000)

updates: President Zardari's desire for enhanced trade and investment relations with the United States, discussion of strong ties with the UAE, meeting between ambassadors and Foreign Minister Ishaq Dar

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Version 0.18 (2024-03-18 18:19:11.159000)

updates: US Ambassador Donald Blome reassures continued support in fight against terrorism in Pakistan

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Version 0.17 (2024-03-18 16:26:49.430000)

updates: US Ambassador reassures continued support in fight against terrorism

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Version 0.16 (2024-03-18 13:24:53.655000)

updates: President Zardari's call for enhanced trade and investment ties

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Version 0.15 (2024-03-17 00:46:54.008000)

updates: The US Ambassador emphasizes the need for Pak-US parliamentary cooperation

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Version 0.14 (2024-03-15 15:25:58.898000)

updates: Meeting between US Ambassador Blome and PM Shehbaz

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Version 0.13 (2024-03-04 22:21:13.476000)

updates: US Ambassador emphasizes importance of economic policy for Pakistan

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Version 0.12 (2024-03-02 21:20:20.493000)

updates: Bank of America upgrades recommendation for Pakistan dollar bonds

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Version 0.11 (2024-02-29 10:37:19.674000)

updates: US urges Pakistan's new government to continue working with the IMF

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Version 0.1 (2024-02-29 07:23:03.184000)

updates: US urges Pakistan to continue working with the IMF on economic reforms

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Version 0.09 (2024-02-29 06:30:54.603000)

updates: US supports Pakistan's efforts to break free from debt

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Version 0.08 (2024-02-29 06:30:03.517000)

updates: US urges Pakistan to continue working with IMF on economic reforms

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Version 0.07 (2024-02-23 10:27:35.962000)

updates: Inclusion of Pakistan's plan to seek IMF loan

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Version 0.06 (2024-02-09 01:13:55.246000)

updates: The story now includes information about the declining reserves coverage of short-term external debt, the burden of debt on Bangladesh's banking sector, and the positive turn in the current account balance. It also incorporates the latest news about the gross international reserves in the Philippines.

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Version 0.05 (2023-12-24 03:50:14.850000)

updates: Updates on IMF and ADB loans to boost reserves in December

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Version 0.04 (2023-12-13 03:17:58.108000)

updates: Bangladesh is facing a deepening reserve crisis as its foreign debt exceeds $100 billion and usable reserves stand at only $15.82 billion. The country's average monthly imports have increased by nearly $2 billion since 2021, leading to allegations of inflation and siphoning off dollars through over-invoicing. While the government's reserves are currently enough to meet import bills for two and a half months, there is a risk of reserves falling below this level within 6 to 9 months. The fall in remittance and foreign investment, along with high interest on foreign loans, has created a crisis in government-private external debt service. To address this, the government may have to sell bonds or gold if it cannot increase exports and remittance. Furthermore, the country's usable reserves may fall below $10 billion by the end of 2024, making it difficult to obtain new loans or suppliers' credit. In an effort to stem the fall of reserves, the government is forcefully buying dollars from commercial banks, but this is expected to deepen the slump in business, trade, production, and employment.

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Version 0.03 (2023-12-05 03:59:36.661000)

updates: Updated information on short-term foreign debt decline and its impact on dollar pressure and forex reserves

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Version 0.02 (2023-11-26 18:38:21.016000)

updates: The decline in short-term loans has widened the financial account deficit

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Version 0.01 (2023-11-05 01:22:13.941000)

updates: Incorporated information about the decline of private sector foreign loans in Bangladesh

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Version 0.0 (2023-11-03 04:45:09.343000)

updates:

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