Search For "pakistan economy"
Pakistan: Amid economic crisis, inflation rate crosses 28 per cent
Updated : 2 years, 7 months ago IST
Amid soaring prices and slumping economy, the inflation rate in Pakistan has increased by 3.46 per cent reaching 28.3 per cent in July, ARY News reported citing the Pakistan Bureau of Statistics (PBS).
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Pakistan: Local transporters raise fare after hike in fuel price
Updated : 2 years, 7 months ago IST
Following the increase in fuel prices, local transport companies unilaterally increased fares by up to 20 per cent without consulting the authorities, reported ARY News.
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IMF packages, foreign bailouts will not suffice to keep Pak economy afloat
Updated : 2 years, 7 months ago IST
Pakistan's economic blindspot continues to be the fact that no amount of IMF bailouts or foreign bailouts will be enough to keep the economy afloat without the nation undertaking a comprehensive structural makeover.
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Pakistan would have collapsed economically if Imran Khan led govt had comp
Updated : 2 years, 7 months ago IST
A top official during the Pakistan Tehreek-e-Insaf (PTI) government has said Pakistan would have economically collapsed if the Imran Khan-led regime had completed its tenure, Geo News reported.
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Pak economics woes continue as gas prices likely to rise by 45 per cent am
Updated : 2 years, 7 months ago IST
Even though Pakistan has been able to secure an International Monetary Fund (IMF) bailout, the road ahead is not going to be easy, as after electricity rates, Islamabad is planning to jack up gas prices as well by over 45 per cent in line with IMF's demand
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Amid slumping economy, Islamabad airport to be ‘outsourced’ for 15 years
Updated : 2 years, 8 months ago IST
The Islamabad airport would be outsourced for 15 years to improve its ‘operational activities’, Pakistan Minister for Aviation, Khawaja Saad Rafique said in the National Assembly, Geo News reported on Friday.
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Pakistan: Protests held against frequent power outages in Gilgit-Baltistan
Updated : 2 years, 8 months ago IST
The Awami Action Committee (AAC) held protest demonstrations in Skardu town of Gilgit-Baltistan as power outages have become a regular affair in the region.
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Pakistan plays 'flag war' despite country’s critical financial situation
Updated : 2 years, 8 months ago IST
Pakistan has been busy playing 'flag war' despite the critical financial status of the country and has decided to keep PKR 40 crore aside for a flag-raising ceremony in Lahore.
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Pakistan's economy faced serious imbalances in 2022: Report
Updated : 2 years, 8 months ago IST
The State Bank of Pakistan (SBP) on Friday issued the annual Financial Stability Review for 2022 and found that financial system performance and resilience remained firm during the year.
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Amid soaring temperatures, Pakistanis suffer load shedding, prolonged powe
Updated : 2 years, 8 months ago IST
Amid soaring temperatures, Pakistanis are suffering load shedding and prolonged power outages, according to Dawn.
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Pakistan: Lahore reports increase in demand for electricity amid soaring t
Updated : 2 years, 8 months ago IST
As temperature shoots in the second largest city of Pakistan, Lahore, the Electric Supply Company of the city called LESCO has reported an increase in the demand for electricity, according to ARY News.
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IMF bailout will help strengthen Pakistan's foreign exchange reserves: PM
Updated : 2 years, 8 months ago IST
After Pakistan signed a staff-level agreement on a "standby arrangement" for nine months, contributing to Pakistan's economic stability, Prime Minister Shehbaz Sharif expressed his appreciation on Friday, ARY News reported.
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