Search For "pakistan economy"
Pakistan must acknowledge India's incredible economic growth
Updated : 3 years, 1 month ago IST
And this is what explains - from Abu Dhabi to Tokyo, and from Washington DC to Canberra - the red carpet that is laid out for Prime Minister Narendra Modi almost everywhere he goes.
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Pakistan's economic crisis going from bad to worse: Report
Updated : 3 years, 1 month ago IST
On January 6 the Forex reserves in the State Bank of Pakistan (SBP) touched the lowest mark of USD 4.343 billion just enough for two weeks. The recurring economic crises in Pakistan are primarily caused by a persistent fiscal deficit, which is a result of the government's tendency to overspe
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Pakistan's virtual talks with IMF likely from next week
Updated : 3 years, 1 month ago IST
Amid a reeling economic crisis and falling foreign exchange reserves, virtual talks between Pakistan and International Monetary Fund (IMF) are likely to commence next week, Geo News reported.
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Pakistan economic woes may deepen if IMF programme not resumed: Report
Updated : 3 years, 1 month ago IST
IMF is delaying its 24th loan, and the Saudis and the UAE have warned Pakistan that they will no longer serve free lunch.
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"Efforts made to disqualify me from politics..." says Imran Khan
Updated : 3 years, 1 month ago IST
Imran Khan said that they trying their best to disqualify him ahead of the general elections.
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UAE rolls over USD 2 billion loans to Pakistan
Updated : 3 years, 2 months ago IST
It is pertinent to mention here that the UAE President had agreed to roll over the existing loan of USD 2 billion and provide a USD 1 billion additional loan.
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Pakistan is South Asia's weakest economy: World Bank report
Updated : 3 years, 2 months ago IST
Unsurprisingly, warning of another global recession, the World Bank on January 13, 2023 forecasted Pakistan's economic growth to slow further to two per cent during the current year -- down by two percentage points from its June 2022 estimate.
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'Shameful for nuclear power to beg': Pak PM amid worsening financial cris
Updated : 3 years, 2 months ago IST
Pakistan Prime Minister Shehbaz Sharif has said it is a matter of shame that a country, which is a nuclear power, has to beg amid its faltering economy, reported The News International.
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Pak needs to change macro-level policy to attract multinational companies
Updated : 3 years, 2 months ago IST
A multitude of factors including political instability, discontinuity of macroeconomic policy, terrorism, corruption, and energy shortages, have traditionally kept foreign investors from bringing money into Pakistan.
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Financial assistance from global community keeps Pakistan's economy afloat
Updated : 3 years, 2 months ago IST
The country owes almost one-third of its external debt to China, which is facing criticism for its debt trap diplomacy globally. The Pakistan regime has always ignored the people of the country while spending huge amounts of money on acquiring military equipment.
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Viral video claims Pakistan's food crisis 'state-manufactured'
Updated : 3 years, 2 months ago IST
In one of the several videos that have gone viral in Pakistan following the outbreak of an unprecedented food crisis, a man recording the video showing the purported stacks of wheat sacks, has accused the ruling dispensation of opacity and said the current crisis was a 'state-manufactured cr
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Pakistan could have made economic recovery if it had an investment-friendl
Updated : 3 years, 2 months ago IST
Foreign investors avoid bringing money into Pakistan due to various factors such as political instability, discontinuity of macroeconomic policy, terrorism, corruption and energy shortages.
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