Search For "pakistan economic situation"
Pakistan: As economic woes deepen, citizens continue to struggle from soar
Updated : 1 year, 6 months ago IST
Amid worsening economic conditions in Pakistan, the people continue to suffer from economic hardships, especially rampant inflation and the unemployment crisis, which has made even basic facilities and essentials remain out of their reach.
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Pakistan Tehreek-e-Insaf blames PDM government for 'economic catastrophe'
Updated : 2 years, 4 months ago IST
The Pakistan Tehreek-e-Insaf (PTI) has issued a white paper blaming the Pakistan Democratic Movement (PDM) coalition government for the economic catastrophe.
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Pakistan set to face burden of PKR 7.3 trillion in next fiscal year: Repor
Updated : 2 years, 9 months ago IST
Initially, the Pakistani government had budgeted PKR 3.9 trillion to cover markup on loans for the ongoing fiscal year 2022-23. However, revised estimates have revealed that the spending on interest payments rose to PKR 5.52 trillion.
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Only 16 pc of people in Pakistan believe local economy is getting better:
Updated : 2 years, 10 months ago IST
The survey stated that the perceptions of corruption in Pakistan have reached a record high, living standards have plummeted and left millions of people struggling to meet their basic needs.
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Spectre of potential default looms large over Pakistan's economy: Report
Updated : 2 years, 10 months 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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World Bank says Pakistan urgently needs foreign loans to avoid "public deb
Updated : 2 years, 11 months ago IST
The World Bank in its flagship report 'Pakistan Development Update' warned Pakistan regarding serious dangers to its economic and debt viability while predicting almost flat economic growth.
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Pak Finance Minister directs for speeding up implementation of austerity m
Updated : 3 years ago IST
Ishaq Dar was chairing the second meeting of the monitoring committee to oversee the implementation of austerity measures, according to a press statement issued by the finance ministry.
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Pakistan tells IMF about asking China for rollover of USD 2 billion deposi
Updated : 3 years ago IST
Pakistan has requested China for rollover of USD 2 billion USD 2 billion SAFE (State Administration of Foreign Exchange) deposits for another one-year. Pakistan has informed IMF about its request to China.
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Former Pakistan President Asif Ali Zardari rules out possibility of contes
Updated : 3 years ago IST
Speaking at a conference in Vehari, Asif Ali Zardari said that PPP would contest the next elections on the "arrow" symbol and not for an alliance with the ruling PDM.
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Pakistan's economic crisis affects its healthcare system, patients struggl
Updated : 3 years ago IST
Local pharmaceutical manufacturers have been forced to slash their production as patients suffer in hospitals. Doctors are forced to stop performing surgeries due to the shortage of drugs and medical equipment.
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Pakistan accepts one more IMF condition, agrees to increase interest rate
Updated : 3 years ago IST
Pakistan has accepted another pre-condition of the IMF for the release of USD 1.1 billion in critical funding.
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For Pakistan to find way out, nobody reaches difficult situation without c
Updated : 3 years, 1 month ago IST
External Affairs Minister S Jaishankar has said that Pakistan's future will be largely determined by its own actions and choices and it is for the neighbouring country to find a way out of its economic troubles
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