Search For "pakistan economy"
Pakistan seeks USD600 million from Chinese banks amid IMF bailout negotiat
Updated : 2 years, 4 months ago IST
The Pakistani government is actively engaged in discussions with the Industrial and Commercial Bank of China (ICBC) and the Bank of China, seeking a combined loan of USD 600 million.
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Pakistan most vulnerable in South Asia to balance of payment crisis: Moody
Updated : 2 years, 4 months ago IST
Amid a glooming economy, Pakistan is the most vulnerable to balance of payment (BOP) crises among the South Asian sovereigns with the lowest level of exports of 10.5 per cent of GDP, Business Recorder reported citing a report by Moody's Investors Services.
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Short-term inflation in Pakistan surges to 29.88 pc
Updated : 2 years, 4 months ago IST
Short-term inflation in Pakistan has surged 29.88 per cent year on year in the week ending on November 2 due to the increasing prices of kitchen products, according to official data released on Friday, Dawn reported.
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Pakistan: Amid slump in economy, petroleum division notifies huge hike in
Updated : 2 years, 4 months ago IST
A significant increase in petrol prices has been announced by the federal government, which will go into effect from November 1.
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Pakistan: Amid worsening economy, chicken prices in Karachi fixed at PKR 5
Updated : 2 years, 4 months ago IST
Meanwhile, the price of chicken has reached an all-time high in Rawalpindi, Islamabad, and some other cities with a kilogram of poultry meat being sold for PKR 700-705. While, in Lahore, the second most populous city in the country, the price of chicken meat is hovering between PKR 550-600 p
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Pakistan: Flour crisis worsens due to government inaction
Updated : 2 years, 4 months ago IST
Amid the worsening flour crisis in Pakistan, the essential commodity is being sold in the black market making it very difficult for the common people to arrange proper food, The News International reported on Friday.
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Poverty surges across Pakistan with spike in food, energy prices: World Ba
Updated : 2 years, 4 months ago IST
According to the Macro Poverty Outlook, which was prepared for the recent annual meetings of the World Bank and IMF in Marrakesh, Morocco, prolonged and high inflation in food and energy prices, combined with a lack of substantial economic growth, could lead to social upheaval and negatively
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Pakistan at tipping point on poverty: World Bank
Updated : 2 years, 5 months ago IST
The World Bank has warned that Pakistan is at a tipping point on poverty with 40 per cent of its population below the poverty line, The Financial Post reported.
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Farmers to hold rallies for foreign debt write-off in Pakistan
Updated : 2 years, 5 months ago IST
Farmers in Pakistan will hold protests in a number of towns in the South Asian nation, urging international lenders to cancel loans to Pakistan and other developing nations and compensate Pakistan for economic losses brought on by climate change, according to Dawn.
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Local politicians demand change as rising prices, govt. apathy plague PoK
Updated : 2 years, 5 months ago IST
Pakistan-occupied Kashmir has been grappling with the cascading effects of Islamabad's policies, leaving its residents in distress.
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Rising inflation in Pakistan pushes families into debt cycle, asset sale
Updated : 2 years, 5 months ago IST
As Pakistan grapples with a severe economic crisis and soaring inflation, this financial safety net of the people of Pakistan appears eroding, Dawn reported.
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PoK: Massive protests against high inflation, corruption
Updated : 2 years, 6 months ago IST
Massive anti-government protests are being held in Muzaffarabad city of Pakistan-occupied Kashmir (PoK) to raise the issue of high inflation and corruption by the politicians.
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