Islamabad [Pakistan], June 9 (ANI): Having high unemployment, poverty and inflation, the Pakistan economy is under stress and the government plans to take nearly $16 billion gross foreign loans in the next fiscal year to meet the requirements of maturing external public debt and cover up the
Islamabad [Pakistan], May 24 (ANI): Pakistan's opposition parties have slammed the federal government's announcement of the country's Gross Domestic Product (GDP) growth, estimating that it would hit 3.94 per cent for the fiscal year 2020-21.
Islamabad [Pakistan], April 27 (ANI): Despite its claims over providing ease of doing business, the ruling Imran Khan-led PTI government has failed to lure foreign investors to the country, according to a recent media report.
Islamabad [Pakistan], April 21 (ANI): Pakistan's economy is in bad shape is no more a revelation, as its project performance dropped to just 58 per cent in the duration of 2018-20, from 70 per cent in 2017-19 due to poor performance in the Public Sector Management (PSM) and water sectors.
Islamabad [Pakistan], April 5 (ANI): As Pakistan's inflation soared from 5.7 per cent in January to over 9 per cent in March, impulsive decision-making and regional trade issues have come to the fore which marked the fragile economy of the country.
Islamabad [Pakistan], January 24 (ANI): To overcome Pakistan's ailing economy, Prime Minister Imran Khan is considering mortgaging Islamabad's biggest park to get a loan of around Rs 500 billion.
Islamabad [Pakistan], November 29 (ANI): Foreign investors have pulled out USD 471.7 million from Pakistan's debt market in the past five months due to lower interest rate and a fresh wave of coronavirus in the country, according to data from the State Bank of Pakistan (SBP).
London [UK], November 12 (ANI): Pakistan's economy is controlled by a ruthless business conglomerate - the army, that owns everything in the country, from factories and bakeries to farmland and golf courses.
Islamabad [Pakistan], September 20 (ANI): Hitting out at the present Imran Khan-led government, Pakistan's former Prime Minister Nawaz Sharif on Sunday termed his government as "nalayaq" (worthless) and said that the country's economy has been completely destroyed in the last two years.
Glasgow, UK (ANI) June 13 (ANI): Dr Amjad Ayub Mirza, a rights activist from Pakistan occupied Kashmir living in exile has blamed Pakistan's deep state of the army for the negative growth the country has registered for the first time ever in its history.
Punjab [Pakistan], June 2 (ANI): Buckling under the business community's pressure and to "keep the economy running," the Punjab government has allowed opening of all markets, bazaars, shopping malls and other businesses five days a week with longer working hours despite a consistent increase