Search For "economic crisis in pakistan"
Public outrage over high taxes in Pakistan for IMF bailout
Updated : 1 year, 9 months ago IST
There is widespread anger in Pakistan towards the government over the significant tax hikes that the authorities have levied to boost state revenues with an aim to achieve approval for an International Monetary Fund's (IMF) bailout to prevent another economic crisis in Pakistan.
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Gold price in Pakistan hits record high
Updated : 1 year, 10 months ago IST
Amid the economic crisis in Pakistan, the rate for 10-gram gold has climbed to an all-time high of Pakistan currency (PKR) 216,221, while one tola gold (12.5 gram) has now touched PKR 252,200 on Saturday, Dawn reported.
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Pakistan's economic model failed, only benefits elite people: World Bank
Updated : 2 years, 2 months ago IST
In the wake of the economic crisis in Pakistan, World Bank Country Director for Pakistan, Naji bin Hussain said that Pakistan's economic development is limited to the elite which resulted in the country lagging behind its fellow countries, Pak Vernacular media reported.
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Karachi University teachers boycott classes over non-payment of arrears
Updated : 2 years, 5 months ago IST
Amid the economic crisis in Pakistan, the Karachi University Teachers Society (KUTS) announced it would stage a strike for an indefinite period from Friday over the non-payment of dues, reported Geo News.
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Pakistan: Amid public misery, sugar prices reach record high
Updated : 2 years, 6 months ago IST
Amid the economic crisis in Pakistan, sugar prices skyrocketed to a record high of 220 Pakistani Rupees (PKR) in the retail markets of Balochistan, ARY News reported on Sunday.
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China agrees to reschedule USD 2 billion debt recovery
Updated : 2 years, 7 months ago IST
This is a major relief to Pakistan government which is in the process of rebuilding foreign exchange reserves through fresh loans and rolling over maturing debt.
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Chinese company announces to cut production over non-payment of dues by Pa
Updated : 2 years, 10 months ago IST
Delayed payments have been a recurring problem and have impacted the China-Pakistan Economic Corridor (CPEC) significantly.
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Imran Khan-led PTI to issue White Paper amid economic crisis in Pakistan
Updated : 3 years, 2 months ago IST
Pakistan Tehreek-e-Insaf (PTI) leader and former federal minister Fawad Chaudhary on Monday lambasted Shehbaz Sharif's ruling coalition for the country's deteriorating economy and announced that PTI would issue White Paper on Pakistan's worsening economy, ARY News reported.
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Economic indicators suggest Pakistan's economic situation would worsen in
Updated : 3 years, 2 months ago IST
Pakistan's economic downfall will continue as the economic indicators point a economic crisis in near future
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Ishaq Dar's economics for pakistan: Temporary relief, permanent damage, sa
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 9 (ANI): Newly appointed Pakistan Finance Minister Ishaq Dar may seem to be the problem solver but his short-term plan, in this economic situation, will create distortions and worsen the structural imbalances.
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Pakistan urges IMF to ease harsh terms on power tariffs, fuel taxes
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 30 (ANI): Amid a worsening economic crisis due to floods, high inflation and depreciating currency, Pakistan on Friday urged the International Monetary Fund (IMF) to ease harsh terms which require Islamabad to increase power tariffs and fuel taxes over next si
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Pakistan's economic woes continue as FDI slumps 26 pc in first two months
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 24 (ANI): Amid the unprecedented economic crisis in Pakistan, Net Foreign Direct Investment (FDI) in the country fell 26.1 pc during the first two months of the ongoing fiscal year (FY23), clocking in at just USD 169.5 million, media reports said citing the St
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