Search For "pakistan economic crisis"
Pakistan's food riots, anarchy
Updated : 2 years, 10 months ago IST
Recently, a Pakistani journalist had a rare outburst on Twitter cursing her grandfather for making the decision to choose Pakistan over India during partition...A testimony to the diverging fortunes of the two South Asian NationsOne nation, a thriving democracy heralded as a bright spot in t
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Pakistan economic crisis continues as IMF bailout not in sight, Saudi Arab
Updated : 2 years, 11 months ago IST
"There is a very slim chance that Pakistan may be able to win Saudi Arabian support for the resumption of its IMF programme, but if it does, this will be a temporary respite," analyst Mosharraf Zaidi wrote in The News International last week. Saudi under Crown Prince, Prince Mohammed bin Sa
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Pakistan economic crisis: Civil Defence Official among 11 booked for steal
Updated : 2 years, 11 months ago IST
An investigation revealed that Omair Nawaz was in charge of the record of tokens being issued to recipients of bags. He confessed to embezzling 7,000 to 8,000 tokens, resulting in a loss to the national exchequer to the tune of Pakistani Rs. 5 to 6 million.
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Pakistan's politicians are failing their most vulnerable people
Updated : 2 years, 11 months ago IST
No attempt was made to reduce wasteful government spending or energy usage. No attempt was made to win back external creditors who have dumped Pakistani assets, unnerved by highly irresponsible comments from key policymakers. Promises made to the IMF were broken and wild accusations were hur
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Domestic cotton production in Pakistan declines to four decade low of 4.9
Updated : 2 years, 11 months ago IST
As per Dawn, ginning data shows that the cotton harvest declined by a hefty 34 per cent this year from 7.44 million bales the previous year, mainly because of the catastrophic summer floods in Sindh and southern Punjab where this industrial crop is mostly grown.
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Pakistan: Chaos erupts outside flour distribution centre in Peshawar as po
Updated : 2 years, 11 months ago IST
Chaos erupted outside a flour distribution centre in Peshawar after police fired tear gas shells at the crowd, Dawn reported.
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Pakistan battling its worst economic crisis this Ramazan
Updated : 2 years, 11 months ago IST
An increasing number of enterprises are either scaling down operations or closing production mainly for the scarcity of imported raw materials. Dozens of businesses have served notices of production suspension. Restriction on imports of raw materials to improve the trade balance amounts to c
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Amid reeling economic crisis, Pakistan faces shortage of live-saving drugs
Updated : 2 years, 11 months ago IST
Amid the depreciating value of the Pakistani Rupee and shortage of foreign exchange reserves, Pakistan faces a critical shortage of live-saving drugs, Pakistan based The News International reported citing local media.
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Food prices skyrocket in Pakistan, reeling economic crisis to blame
Updated : 2 years, 11 months ago IST
Food prices in Pakistan continue to soar as the South Asian country is under a massive grip of economic crisis. The surge in prices has skyrocketed amid the ongoing month of Ramadan, Geo News reported.
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Pakistan economic crisis: Stampede at flour bags distribution
Updated : 2 years, 11 months ago IST
A man was killed in Charsadda, and several others were injured in Swabi and Kohat. Another man in Bannu died after the boundary wall of a flour mill collapsed ahead of flour distribution. In the Hasilpur Tehsil of southern Punjab, at least five women were injured in a stampede at a free flou
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Pakistan's Finance Ministry has no funds for elections: Defence Minister K
Updated : 2 years, 11 months ago IST
Asif made the revelation while addressing the international media in a joint press conference alongside Information Minister Marriyum Aurangzeb.
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Pakistan facing "perfect storm" of crises, says Pak Foreign Minister
Updated : 3 years ago IST
Bilawal while speaking during an interview with The Daily Show, said: "Unfortunately, Pakistan is facing a perfect storm. Not only do we have heightened partisanship and political polarisation, to the extent that political parties or political stakeholders aren't even in a position to sit in
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