Search For "pak economy"
IMF doesn't trust finance ministry, says Pak ex-Finance Minister Miftah Is
Updated : 3 years ago IST
The next tranche of the IMF bailout package would depend on Pakistan's quick measures to arrange for full financing of its balance of payments deficit for the fiscal year 2022-23.
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Defaulting Pakistan takes the steam out of CPEC
Updated : 3 years ago IST
China's ambitious CPEC project launched in 2013 was flawed from the beginning when it was assumed that it would be able to generate jobs and growth in Pakistan.
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"Experiment of regime change has failed" in Pakistan: Imran Khan
Updated : 3 years, 1 month ago IST
Since his ouster from power in a parliamentary vote of no-confidence last April, Khan has had a public falling out with the military, despite previously enjoying a close relationship with the country's most powerful institution.
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Instead of fixing economy Pak politicians embroiled in a tug-of-war: repor
Updated : 3 years, 1 month ago IST
Pakistan now faces nationwide electricity cuts, a severe shortage of gas and record-high inflation. This makes many necessary food items away from the general public and the political class of the country is still involved in a political war, reported DW news.
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Just as Pandavas could not choose their relatives, India can't choose its
Updated : 3 years, 1 month ago IST
External Affairs Minister S Jaishankar on Saturday said that just as the Pandavas could not choose their relatives, India cannot choose its geographical neighbours.
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World Bank slashes Pakistan GDP growth projection to 2 per cent
Updated : 3 years, 2 months ago IST
Pakistan's economic condition is precarious with low foreign exchange reserves and large fiscal and current account deficits, has further worsened by severe flooding.
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Pakistan: Amid persistent inflationary pressures, goods remain out of peop
Updated : 3 years, 2 months ago IST
Amid persistent inflationary pressures, goods remain out of people's range, whose purchasing power has already hit rock bottom, reported Geo News.
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Pak economy facing its worst crisis, grim scenario ahead in 2023
Updated : 3 years, 2 months ago IST
Pakistan is facing its worst economic crisis since its birth and a grim scenario dodges Islamabad in 2023 amid rising foreign debts, inflation, and falling foreign exchange reserves.
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Pakistan Railways running trains with 3-day oil inventory
Updated : 3 years, 2 months ago IST
Due to underutilization of the rolling stock, locomotive and infrastructure, the PR has miserably failed to generate and increase revenue to overcome the financial crunch and it seeks financial help from the federal government in a bid to meet its increasing expenses.
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Chinese firms in Pakistan adopt 'go-slow' policy amid its faltering econom
Updated : 3 years, 3 months ago IST
Amid delays in payment to the IPPs, and rising exchange rates, Chinese companies in Pakistan opted for a "go-slow" policy.
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Spending-spree empty coffers, Pak head towards bankruptcy
Updated : 3 years, 3 months ago IST
With the economy in a shambles and people in dire straits, bankruptcy stares Pakistan in the face as it is hit by useless spending, reported Financial Post.
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Pakistan's poverty rate rises 35.7 pc
Updated : 3 years, 3 months ago IST
The poverty rate of Pakistan has risen by 35.7 per cent and the prices of edibles have increased by 20 to 31 per cent, reported Pak vernacular media, Intekhab Daily.
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