Search For "pakistan economy"
Pakistan's economy caught between the Devil and deep blue sea: Report
Updated : 2 years, 10 months ago IST
Pakistan Bureau of Statistics has calculated the Sensitive Price Index (SPI) for the week ending 11 May at 48.02 per cent year on year.
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IMF asks Pakistan to arrange USD 8 billion for successful bailout review
Updated : 2 years, 10 months ago IST
A staff-level accord to release a USD 1.1 billion tranche out of a USD 6.5 billion IMF package has been delayed since November, with nearly 100 days gone since the last staff-level mission to Pakistan.
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Crime surges in Pakistan amid economic crisis, inflation
Updated : 2 years, 10 months ago IST
Crime is on the rise in Pakistan as it struggles to overcome its economic crisis. The country's citizens are unable to fend for daily essentials and hunger is increasing among people.
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Pakistan: Punjab govt stops arrears, time scale payments to employees, off
Updated : 2 years, 10 months ago IST
Pakistan's Punjab government has stopped all types of arrears, and time scale payments to employees and officers due to the severe financial crisis and for the preparation of the new budget, Pakistan-based English language newspaper Pakistan Today reported.
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Pakistan considering to stop financing provincial development projects
Updated : 2 years, 10 months ago IST
A senior government official told Dawn that the planning and development ministry had moved a summary to the prime minister for his consent to cap the provincial development projects in the PSDP 2023-24 to be presented to parliament as part of the next year's budget and also restrict the PSD
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"Let's not get caught up in weaponising terrorism for diplomatic point sco
Updated : 2 years, 10 months ago IST
Calling SCO a platform of mutual understanding and security, Pakistan Foreign Minister Bilawal Bhutto Zardari on Friday said that the potential of peace can be unlocked when great powers play the role of peacemakers, as he addressed the SCO-CFM meet in Goa.
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IMF's staff-level agreement with Pakistan looks dicey: Report
Updated : 2 years, 10 months ago IST
Amidst very high inflation and extremely low forex reserves, the International Monetary Fund (IMF) bailout plan for Pakistan looks dicey, unless the country makes a strong case for debt sustainability, reported Daily Times.
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Pakistan: Decline in textile export hurts livelihoods, economy
Updated : 2 years, 10 months ago IST
Pakistan's ongoing power crisis just added to the problem. Frequent and longer outages and higher energy costs have driven many out of business. This has rendered losses of USD 70 billion to the textile industry alone, reported Asian Lite International.
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PoK: Air travel becomes a distant dream for Gilgit-Baltistan people
Updated : 2 years, 10 months ago IST
The largest airline of Pakistan - Pakistan International Airlines (PIA) has raised flight fares from Islamabad to Skardu is Rs 39,700 and for Gilgit Rs 29,200.
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Pakistan is the largest recipient of ADB loans in Asia
Updated : 2 years, 10 months ago IST
According to the ADB Annual Report 2022, released on Monday, out of total disbursement of over USD 31.8 billion to 40 countries, Pakistan received loans of USD 5.58 billion.
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Pak: Everyday essentials out of reach for people amid rising inflation
Updated : 2 years, 11 months ago IST
As Pakistan continues to grapple with economic challenges due to a shortage of foreign exchange reserves, the citizens find it tough to buy everyday essentials like flour, oil and gas.
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Pakistan: Production of major industries decreases by 11.59 pc on annual b
Updated : 2 years, 11 months ago IST
According to the report, the production of major industries decreased by 0.50 per cent on a monthly basis in February, according to Urdu Point.
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