Search For "pakistan economic challenges"
Spectre of potential default looms large over Pakistan's economy: Report
Updated : 3 years ago IST
The consequences of a default for Pakistan's economy would be dire with hyperinflation, devaluation of the Pakistani rupee, a near-halt in imports, the closure of more factories, an increase in unemployment and political and social unrest.
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Pakistan govt borrows PKR 239 billion credit from State Bank of Pakistan:
Updated : 3 years, 1 month ago IST
According to the State Bank of Pakistan Act amended in 2022 on the dictation of the International Monetary Fund (IMF), government borrowing from the central bank is banned.
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Pakistan: Political instability, policy paralysis exacerbating economic di
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], April 20 (ANI): Political instability and policy reform slippages are exacerbating the economic distress that Pakistan has been facing in the last few years according to a World Bank report.
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Pakistan's unabated borrowing poses economic challenges, warns UNDP
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], January 28 (ANI): Providing an overview of Pakistan's policy priorities, regulatory environment, and its private sector development, a UN report warned that continued borrowing from multilateral and other sources is posing all sorts of economic and political challenges
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