Despite government claims of economic stabilisation, the reality for millions of Pakistanis over the past year tells a far more troubling story. While official data suggests inflation has eased, everyday expenses continue to rise sharply, squeezing household budgets across the country, as re
Pakistan requires immediate, coordinated and practical governance reforms to rebuild public trust, strengthen state institutions and improve economic performance, according to a comprehensive analytical review released by the Institute of Cost and Management Accountants of Pakistan (ICMA), T
Addressing the issue, Kazmi highlighted the sharp increase in university and college fees, which he said has made higher education unaffordable for poorer families. He warned that without urgent intervention, financial stress on students and parents could further deepen youth anger and socia
Traders and transporters in Punjab criticised the provincial government as a wheel-jam strike entered its sixth day. Exporters warned of heavy losses, while major transport bodies rejected calls to end the strike, saying protests would continue until disputed motor vehicle laws are withdrawn
The International Monetary Fund (IMF) has approved an immediate disbursement of USD1 billion to Pakistan under the Extended Fund Facility (EFF) and around USD 200 million under the Resilience and Sustainability Facility (RSF), bringing total disbursements to nearly USD 1.2 billion.
The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, warned that the country's existing economic growth model is no longer viable for a nation of 250 million people, stressing that stabilisation policies cannot continue indefinitely and must give way to long-term, sustainable refo
Pakistan's economy faces renewed strain as its current account deficit widens, with GDP growth expected to stagnate at 2.4%, The Express Tribune reported. An LSE study warns that without structural reforms, rising deficits, inflation, and weak external stability will continue to hinder econo
According to Dawn, the price surge was propelled by a spike in edible oil, sugar, and several perishable goods. Disruptions caused by the closure of the Afghan border have particularly strained supplies of vegetables, reversing earlier signs of stability. Pakistan's weak supply chain governa
According to Dawn, for ordinary Pakistanis, this is not merely a price revision; it is another heavy blow to already stretched household budgets. Each fuel price increase sets off an inflationary chain reaction that impacts food, electricity, transport, and industrial costs, embedding inflat
According to The Express Tribune, while Pakistan secured the 96th position in Investment Environment and 102nd in Enterprise Conditions, these figures reflect persistent barriers to industrial expansion and business growth.
Amid a worsening economic crisis, the World Bank Group has sounded alarm bells over Pakistan's deepening poverty and widening inequality in its recently released report, "Reclaiming Momentum Towards Prosperity: Pakistan's Poverty, Equity and Resilience Assessment".
What was once dismissed as temporary instability has evolved into a systemic breakdown driven by excessive taxation, erratic policies, and state dominance over private credit and enterprise, as reported by The Express Tribune.