Search For "pakistan economy"
Pakistan's development spending drops 38 pc in July-Nov
Updated : 3 years, 2 months ago IST
According to data released by the Ministry of Planning and Development on Wednesday, the massive drop would not only slow down the economy but would take a toll on revenue collection as well.
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Imran Khan-led PTI to issue White Paper amid economic crisis in Pakistan
Updated : 3 years, 2 months ago IST
Pakistan Tehreek-e-Insaf (PTI) leader and former federal minister Fawad Chaudhary on Monday lambasted Shehbaz Sharif's ruling coalition for the country's deteriorating economy and announced that PTI would issue White Paper on Pakistan's worsening economy, ARY News reported.
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Pak central bank says govt failed to achieve financial, price stability de
Updated : 3 years, 2 months ago IST
The State Bank of Pakistan has estimated that growth in FY23 would be less than the low range set for the year.
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Pakistan-Iran border: Thousands left jobless amid closure of market at Taf
Updated : 3 years, 3 months ago IST
The manual workers are unable to get any work for them. Getting two times meals has become a problem for them. Even small traders are suffering from the financial crunch. They have nothing for trade.
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Electricity, gas shortage grips Pakistan as winter approaches
Updated : 3 years, 3 months ago IST
Gas shortage is a significant issue that grips Pakistan every year in winter due to increased prices of wood and coal as well as the shortage. Moreover, compared to last year, wood and coal prices have doubled.
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Over 400 containers of vegetables stuck at Karachi seaport due to foreign
Updated : 3 years, 3 months ago IST
Owing to the lack of foreign exchange reserves in Pakistan and a reeling economic crisis, over 400 containers of imported vegetables were stuck at various terminals of Karachi seaport, Business Recorder reported on Wednesday.
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Pakistan Minister Ishaq Dar rules out taking dictations from IMF on managi
Updated : 3 years, 3 months ago IST
IMF demanded additional information, including details of shelved development projects that have now been taken up again as a top priority of the government, The Express Tribune reported.
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Pakistan's default risk at 'dangerous levels': PML-N leader Miftah Ismail
Updated : 3 years, 3 months ago IST
Miftah Ismail stressed that the priority of the finance minister should not be on making "imports cheaper and export harder."
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Pak economy continues to remain in shambles due to structural imbalances
Updated : 3 years, 3 months ago IST
Islamabad's foreign exchange crisis has worsened as reserves have been depleted to a critical low of USD 8 billion, compared to over USD 20 billion in August 2021, undermining the country's ability to make international payments.
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Real estate is biggest mafia in Pakistan: Imran Khan
Updated : 3 years, 3 months ago IST
Former prime minister of Pakistan Imran Khan addressed a seminar on the economy in Karachi. While addressing the seminar Khan mentioned that real estate had become the biggest mafia in Pakistan.
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Pakistan faces currency crisis danger, says Nomura
Updated : 3 years, 3 months ago IST
Apart from Pakistan, the Japanese bank said that there were seven countries including Egypt, Romania, Sri Lanka, Turkey, the Czech Republic, and Hungary now at a high risk of currency crises.
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Pakistan's economy in free fall: POREG
Updated : 3 years, 3 months ago IST
Looking at its falling economy, investors had also started losing their confidence in Pakistan's ability to pay back the loans. Neither, the creditors nor the market is impressed.
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