International Monetary Fund

Our education system cannot compete with India’s, says Pakistan ex-minister

Pakistan’s former Finance Minister Miftah Ismail has said that the spendings on education is neither sufficient nor is the amount…

1 year ago

Pakistan’s political turmoil will further impact inflow of foreign loans

The ongoing political turmoil in Pakistan will make it even more difficult for the Shehbaz Sharif government to secure the…

2 years ago

Why China may not lift ‘iron-brother’ Pakistan out of its economic mess

Will China come to the rescue of cash-starved Pakistan, which is inching closer to a default amid delay in revival…

2 years ago

How the Army, corrupt elite turned Pakistan into a basket case

Pakistan’s Army needs to take a large chunk of the blame for ruining the country’s economy. Last year, former Army…

2 years ago

From Sri Lanka to Turkey, India’s global influence surges riding on its soft power

As Sri Lanka battles one of the worst economic crises since its independence, India’s actions are being scrutinised with a…

2 years ago

As Pakistan burns, is it heading for a default in replay of the Sri Lankan crisis?

Exactly a year ago, Sri Lanka defaulted for the first time in its history. And now as Pakistan’s economic crisis…

2 years ago

Pakistan’s image touches rock bottom, lenders disappear to fund troubled Republic

Amid rising debt levels in Pakistan, it seems that the country’s Finance Minister Ishaq Dar has only one key task…

2 years ago

IMF chief sees India as bright spot while world economy is expected to slow in 2023

The IMF chief Kristalina Georgieva on Thursday said that the world economy is expected to grow at less than 3…

2 years ago

Pakistan currency touches all-time low after Saudi, IMF look the other way

Aid from Saudi Arabia into Pakistan is thinning amid changing global geopolitical order. The West Asian nation is now changing…

2 years ago

Many in Pakistan dread IMF terms for loan as inflation soars to 35%

Pakistan’s record inflation of 35.4 per cent in March has left the country’s Prime Minister Shehbaz Sharif red faced. Islamabad…

2 years ago

Vengeful politics and weary friends prevent IMF from a $7 billion dole to Pakistan

The political turmoil brought about by former prime minister Imran Khan's wranglings with Pakistan's two big parties - Pakistan Muslim…

2 years ago

Will China prove it is Pakistan’s fair whether friend by not bailing it out from financial distress?

As negotiations between the International Monetary Fund and Pakistan for the resumption of the $6.5 billion financial assistance package is…

2 years ago

Pakistan becoming land of illiterates as poverty drives out children from school

The deepening economic crisis in Pakistan is leading to a large number of school dropouts. With surging inflation and shortage…

2 years ago

No “Hindu rate of growth,” consumer spending will drive India’s economic rise, says ING report

The Indian economy will continue to grow as inflationary pressures ease, pushing real spending powers. A report by the global…

2 years ago

Karachi based economist asks Shehbaz Sharif to draw lessons from India to manage soaring debt

Pakistan’s debt under Prime Minister Shehbaz Sharif has continued to rise and rise at a pace of 15 per cent.…

2 years ago

Bloodshed in the AfPak region will further cripple Islamabad’s economy

Even as cash starved Pakistan managed to get a lifeline after old ally China approved rollover of a loan of…

2 years ago

Pakistan grinds its teeth as IMF reads out the riot order

Cash starved Pakistan, which is currently in talks with the International Monetary Fund (IMF) for resumption of the $6.5 billion…

2 years ago

As Pakistan awaits IMF loan, inflation soars amid fears of default

“Must we starve our children to pay our debts?” former Tanzania President Julius Nyerere in 1986 had once asked. Many…

2 years ago

PM Modi offers to share India’s experience in digital payments with the world

Amid India’s pole position in leading growth in digital infrastructure, Prime Minister Narendra Modi today said that the country has…

2 years ago

What’s in store for Pak PM Shehbaz Sharif after steep price hike?

For Pakistan Prime Minister Shehbaz Sharif, troubles do not seem to be ending. As his government is trying to do…

2 years ago

As Pakistan raises taxes to please IMF, many smaller firms may be forced to shut down

Several industries in Pakistan are already in stress after Islamabad unveiled its (Pakistani) Rs 170 billion mini budget to conform…

2 years ago