Search For "pakistan economy"
Pakistan's FDI plunges 52 per cent in four months
Updated : 3 years, 3 months ago IST
On Monday, the Pakistan State Bank issued the latest data, showing the FDI fell to USD 348.3 million in July-October FY23 from USD 726.5 million during the same period of the last fiscal year (FY22), the Dawn newspaper reported.
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Pakistan's default risk worsens, credit default swap spikes to 93 pc
Updated : 3 years, 3 months ago IST
Pakistan's credit default swap (CDS) spikes by 30 percentage points in a week to 92.53 per cent ahead of debt repayment, amid political unrest.
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China-Pakistan Economic Corridor gaining momentum seems unlikely: Report
Updated : 3 years, 3 months ago IST
Apart from delay in making special economic zones, the COVID-19 pandemic, political and policy stability and non-ease of doing business were responsible for CPEC's slowdown.
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Pakistan's default risk increases sharply amid uncertainty about talks wit
Updated : 3 years, 3 months ago IST
The credit-default swaps increased and reached 75.5 per cent on Wednesday from 56.2 per cent, Dawn cited data circulated by research firm Arif Habib limited.
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Pak oil authority warns of looming petrol and diesel shortage
Updated : 3 years, 4 months ago IST
Amid a growing shortage of oil across the world due to the Russia-Ukraine war, the Oil & Gas Regulatory Authority (OGRA) on Monday warned that Pakistan may witness a petrol and diesel shortage.
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China, Saudi Arabia assures Islamabad of providing financial package of US
Updated : 3 years, 4 months ago IST
Pakistan's Finance Minister Ishaq Dar on Saturday said that China and Saudi Arabia will be providing USD 13 billion financial package to Islamabad.
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Pakistan's economy headed for a Sri Lanka-like crisis
Updated : 3 years, 4 months ago IST
Pakistan has a large amount of debt, high inflation, a spike in unemployment and a lot of other macroeconomic problems which clearly show the multiple challenges faced by the country.
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No relief for Pakistan as FDI continues to slump
Updated : 3 years, 4 months ago IST
Pakistan's FDI continues to witness a downturn.
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Pakistan's annual inflation soars to 27.13 pc
Updated : 3 years, 4 months ago IST
Islamabad [Pakistan], October 22 (ANI): Amid devastating floods and a crumbling economy, Pakistan's annual inflation climbed to 27.13 per cent this week.
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Economic distortions hold back economic growth of Pakistan, says World Ban
Updated : 3 years, 4 months ago IST
Islamabad [Pakistan], October 22 (ANI): The World Bank said that economic distortions hold back the economic growth of Pakistan.
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Credit agency Fitch downgrades Pakistan to CCC+ from B-
Updated : 3 years, 4 months ago IST
Islamabad [Pakistan], October 21 (ANI): Fitch Ratings on Friday downgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC+' from 'B-' amid country's political volatility and deteriorating economy.
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Pakistan PM appeals for 'additional funds' after floods
Updated : 3 years, 4 months ago IST
Islamabad [Pakistan], October 19 (ANI): Battered by the unprecedented floods, cash-strapped Pakistan is looking for additional funds to rebuild the country after the natural disaster pushed its economy to the brink.
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