Pakistan's economic data has increasingly turned into a theatre of illusion where figures are deployed not to reveal, but to conceal reality. A pattern of misrepresentation in official economic and trade statistics is eroding policy credibility, investor confidence, and public trust in state
The central bank's assessment reveals that the modest recovery achieved through disciplined policies could easily unravel due to both domestic frailties and global shocks, as reported by The Express Tribune.
Pakistan's economy, despite official claims of stability and fiscal discipline, continues to be mired in deep socio-economic turmoil. While the government touts a steadier exchange rate, higher foreign inflows, and a revived stock market, the majority of Pakistanis remain trapped in economic
Pakistan's apparent economic recovery, often highlighted by government officials and market analysts, conceals a far grimmer reality for millions of its citizens. While the state asserts growth under the IMF program and the stock market touches record highs, the World Bank's latest assessme
PM Shehbaz Sharif told IMF chief Kristalina Georgieva that Pakistan is meeting programme targets but urged factoring in flood damage in the upcoming review. He also met World Bank President Ajay Banga, praising support and welcoming a $40 billion partnership framework for reforms and climate
Pakistan's Army Chief General Asim Munir noted that he holds no ambitions in the political landscape of his country and that he considers himself only a servant of the state, as stated in a column by Sohail Warraich, senior editor at Daily Jang newspaper, during the latter's meeting with
On Sunday, PTI Central Information Secretary, Sheikh Waqqas Akram, said that the economic conditions of ordinary Pakistanis has never been as alarming as it has been in the past three years, putting the nation into a worst debt trap.
The Pakistani federal government has reportedly fallen short of its economic growth target for the fiscal year 2024-25, achieving a growth rate of just 2.68 per cent against a projected 3.6 per cent, as reported by ARY News on Tuesday, citing sources from Pakistan's National Accounts Committ
A persistent increase in tensions between India and Pakistan is expected to impair Pakistan's access to external financing and pressure its foreign-exchange reserves, according to Moody's.
Demonstrators in Sindh have rejected government assurances and refused to end their sit-in against the proposed Indus canal projects, despite a federal announcement pausing the initiative. Transport disruptions and economic losses continue as protesters await formal cancellation.
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of Pakistan's 37-month USD 7 billion Extended Fund Facility (EFF) and a new 28-month USD 1.3 billion arrangement under the Resilience and Sustainability Facility (RSF), as reported by