Search For "pakistan economy"
Pakistan has no food for its poor but purchases weapons
Updated : 3 years ago IST
The army, responsible for much of what is horribly wrong in Pakistan, cannot deny that it has fattened up on what has been snatched from the people.
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Ramazan in Pakistan to be tougher this year amid skyrocketing prices: Repo
Updated : 3 years ago IST
According to Dawn, during Ramazan, after over 12 hours of fasting, people try to enjoy lavish iftar by arranging many items. But many people with mediocre wages and salaries are likely to limit their purchases this year.
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Will Pakistan be able to avert looming recession?
Updated : 3 years ago IST
Pakistan faces a crippling economic crisis, with decades-high inflation and critically low foreign exchange reserves depleted by continued debt repayment obligations.
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Pakistan's budget deficit projections revised to history's highest at Rs 6
Updated : 3 years ago IST
The federal government will book the highest-ever budget deficit despite putting an extra burden of Rs 735 billion on citizens till the end of June on account of higher gas and electricity tariffs and additional taxes.
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IMF asks Pakistan to take steps to be able to function as a country
Updated : 3 years ago IST
"My heart goes to the people of Pakistan. They have been devastated by the floods that affected one-third of the population of the country," Georgieva said in an interview with an international broadcaster on Sunday.
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Pakistan's current situation most difficult in last 2 decades: Report
Updated : 3 years ago IST
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.
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Economic crisis stalls China-Pakistan Economic Corridor programme
Updated : 3 years ago IST
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.
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IMF loan delay pushing Pakistan economy "into a tailspin": Report
Updated : 3 years ago IST
Pakistan is in panic after the IMF team that came to negotiate the details left without reaching a final agreement last week. Even though Finance Minister Ishaq Dar and Prime Minister Shehbaz Sharif agreed to all the preconditions. And now Pakistan increased the petrol price which is increas
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Pakistan drops petrol bomb on inflation-hit masses after mini-budget
Updated : 3 years ago IST
The increase in the price of petroleum products was one of the preconditions of the Washington-based lender, which will lead to a hike in the already record-high inflation, coupled with the new fiscal measures undertaken through the 'mini-budget'.
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Tough times ahead for Pakistan as talks with IMF fails
Updated : 3 years, 1 month ago IST
Pakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the economy. While the visiting IMF delegation is asking for several reforms and compliance with its conditionality.
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Malnutrition in Pakistan: Over 42 per cent children victims of stunting
Updated : 3 years, 1 month ago IST
Over 42 per cent of children in Pakistan are victims of stunted growth amid rising food insecurity in the South Asian country, The Express Tribune reported on Friday citing statistics released by UNICEF officials.
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Pakistan: Pumps run out of petrol, disrupts routine life of people
Updated : 3 years, 1 month ago IST
Amid a severe economic crisis, most of the petrol pumps in the Punjab region of Pakistan ran out of petrol disrupting the routine life of people. In distant places where there have been no supplies for the pumps for more than a month, the situation is terrible, Dawn reported.
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