Search For "pakistan economy"
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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Imran Khan presents roadmap to resolve Pakistan's economic crisis
Updated : 2 years, 12 months ago IST
Khan said that the country needs difficult decisions to be made to revamp governance and increase exports.
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As country reels under inflation, Pakistanis feel pocket pinch in Ramzan m
Updated : 2 years, 12 months ago IST
Rising inflation has dampened the Ramzan spirit in Pakistan. As the country prepares for the holy month, many seem to have lost their faith in the State that governs them, reported DW News.
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IMF asks Pakistan to provide external financing assurances for release of
Updated : 2 years, 12 months ago IST
It should be noted that Pakistan and the IMF have been negotiating since early February on an agreement that would release USD 1.1 billion to the cash-strapped, nuclear-armed country of 220 million people and its supercritical for the liquidity-challenged country, whose deficient foreign exc
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FDI's drying up in Pakistan, investment climate plummets amid ensuing econ
Updated : 2 years, 12 months ago IST
The investor-friendly climate is critical -policies such as tax breaks, incentives, sector-specific subsidies, free trade zones, and business regulations are only marginally or partially investor friendly.
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Short-term inflation in Pakistan hits record 45.64 pc
Updated : 3 years ago IST
This was fuelled by a consistent increase in the price of essential commodities, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.
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'No compromise' on Nuke program, says Pak's Finance Minister amid cash cru
Updated : 3 years ago IST
While speaking at the Senate session on Thursday, Dar said, "Let me assure you that [...] nobody is going to compromise anything on the nuclear or the missile program of Pakistan -- no way."
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The IMF bailout package: Will Pakistan make it?
Updated : 3 years ago IST
Notwithstanding the fact that crisis-hit country has completed a major part of IMF conditionality, glitches still remain with regard to external financing requirement.
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Pakistan's economic troubles intertwined with inconsistent treatment of te
Updated : 3 years ago IST
For decades, Pakistan has allowed some terrorist groups to operate freely while cracking down on others. Terrorism and foreign sanctions resulting from terrorist financing have made it difficult for Pakistan to attract investment.
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Pakistan seeks assurance from Saudi Arabia to unlock IMF deal
Updated : 3 years ago IST
Saudi deposits nod is crucial for clinching the IMF deal as Pakistan facing difficulty in its talks with IMF due to China-US hostility and IMF is reluctant to give any time frame for finalising the deal while the country is in economic chaos.
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Pakistan: Federal Board of Revenue collection shows PKR 240 bn shortfall
Updated : 3 years ago IST
According to Business Recorder, after the imposition of taxes of PKR 170 billion in the mini-budget, the new annual tax target of the FBR has been fixed at PKR 7.640 trillion.
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Pakistan: Inflation hits highest level on record
Updated : 3 years ago IST
This was the highest annual rate since available data, i.e. July 1965, according to the research firm Arif Habib Ltd, and is also expected to rise even further in the coming months.
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