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
According to the IPSCS report, most of the deals signed by Chinese companies with Pakistan entailed assurance of exorbitant rate of returns to the Chinese companies for their investments. Going through an economic crisis for most of the past five years, Pakistan never seemed comfortable i
In December, 2022, inflation in the country stood at 24.5 per cent, almost double of 12.3 per cent from the previous year, the report said, adding that the common people were the most affected by the high flour prices amid the country's worst-ever food crisis.
The CPEC project that was commenced a decade ago was held as a harbinger of prosperity for Pakistan. However, seven years later, many projects under the CPEC still remain non-starters while some of those being operational have become liabilities and are incurring losses.
Imran Khan said the IMF agreement will only provide temporary relief as it will eventually lead the country to a major disaster as the burden of loans will continue to increase.
Pakistanis have largely lost faith in the coalition government headed by Prime Minister Shehbaz Sharif, having failed to carry out any of the much-needed economic reforms in the country.
An IFFRAS report claimed that during the last three months, the TTP and its members have carried out 160 attacks that have claimed hundreds of lives and also exposed the flaw and vulnerability of the country's defense to counter-terrorism.
Last week PoK leader, Barrister Sultan Mehmood Chaudhry, was busy meeting with senior United Nations officials when a high school in his area was attacked by assailants, who also ransacked the schools and molested girls, the report claimed.
According to the general secretary of the Exchange Companies Association of Pakistan, Muhammad Zafar Paracha, traders, and smugglers are bringing as much as USD 5 million across the border daily.