The Higher Education Commission of Pakistan's ban on Holi celebrations across all educational institutes in the country sparked internet outrage and was later withdrawn, but the fact that remains unchanged is how tolerance and diversity are eroding in Pakistani culture, an editorial in The N
The federal budget for Fiscal Year 2023-24, presented by Pakistan Finance Minister Ishaq Dar on Friday, came as a huge disappointment for homemakers as it offered no respite from surging household expenses, The News International reported.
The minister while unveiling the survey, spoke less about the dismal performance of various sectors of the Pakistani economy and more on the global environment and economic fundamentals the Pakistan Democratic Movement (PDM) government had inherited when it came to power in April last year.
Bangladesh has almost USD 31 billion in reserves for the new fiscal year whereas Pakistan has less than USD 4 billion and, that too, with loans from friendly nations, the report claimed.
Pakistan's Ministry of Finance has warned of challenges originating from uncertain external and domestic economic environments, including higher inflation and external debt repayments, due to lesser foreign exchange inflows, according to Geo News.
It is impossible to overstate the financial difficulties Pakistani citizens have been facing, and a significant factor heightening the uncertainty is the elusive IMF deal that has been under negotiation since the Shehbaz Sharif-led coalition government took office in April of last year, The
The 0.29 per cent growth rate is the lowest increase in the national output in the past four years exposing the mismanagement of the economy that is highly insufficient to meet the needs of 250 million people.
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.
China is angry in particular as it recently helped Pakistan out by rolling out loans and extending much-needed support. Diplomatic sources say Chinese authorities are "much annoyed" by the mismanagement in Pakistan.
Pakistan is already struggling to find stability in politics and now, the cash-strapped country is seeing a slow pace of inflows as only USD 8.1 billion receipts in 10 months of this fiscal year stood at just 35.5 per cent of the USD 22.8 billion full-year budget target
A journalist based in Gilgit Baltistan has claimed that people in Pakistan-occupied Kashmir (PoK) are facing high inflation and their lives are ruined.
Amid the financial crisis, government hospitals in Balochistan have run out of medicines, Pakistan vernacular media reported citing Young Doctors Association Balochistan.