Pakistan Economy

Pakistanis face prospects of hunger as Sharif bows to IMF, hikes fuel prices

Hunger levels in Pakistan will further rise in the coming months. As the Shehbaz Sharif government thrashed out a harsh…

2 years ago

Where is Pakistan COAS General Asim Munir?

Speculation surrounds the UK-visit of Pakistan's Chief of the Army Staff (COAS), General Asim Munir after prominent social media handles…

2 years ago

Watch: Spirited Maryam Nawaz spearheads attack against Imran Khan in Pak political rallies

Maryam Nawaz, the Pakistan Muslim League-Nawaz (PML-N) Senior Vice-President and Chief Organiser has taken on the mantle to battle the…

2 years ago

Pakistan set to bow to IMF’s demands as forex reserves drop to a paltry $3.08 billion

With foreign exchange reserves dropping to $3.08 billion, Pakistan has no other option but to accept the International Monetary Fund’s…

2 years ago

Lahore petrol station set on fire as fuel price hike hits common people in Pakistan

A petrol station in Lahore has been set on fire as hike in fuel prices takes its toll on common…

2 years ago

Pakistan hikes fuel prices under IMF pressure, more taxes on way

Pakistan's economic meltdown, with foreign exchange touching $3.67 billion, is finally making its political class realise that imposing harsh taxes…

2 years ago

Pakistan’s economic meltdown triggers infighting; blame game among political class intensifies

Driven by a near collapse of the economy, uncertainty and risks in Pakistan’s political and security have risen further with…

2 years ago

Iran, not China, comes to the rescue of power-starved Balochistan

Iran is ready to provide gas facilities to Pakistan in a bid to resolve Pakistan’s energy problems. The South Asian…

2 years ago

Pakistan’s forex reserves dip to an alarming $3.67 billion, not enough to cover imports

After a marginal increase last week, foreign exchange reserves held by Pakistan’s central bank have once again dropped– this time…

2 years ago

Pakistani rupee hits all time low of 255 to a dollar amid economic meltdown

Amid news that the International Monetary Fund (IMF) may resume the stalled loan package, the Pakistani rupee touched an all…

2 years ago

Will Finance Minister Ishaq Dar take responsibility for Pakistan’s economic crisis?

As Pakistan is currently staring at one of the worst economic crises in its history, the country’s Finance Minister Ishaq…

2 years ago

Pakistan has ‘technically’ defaulted with loan rollovers

Pakistan, which is going through its worst economic crisis with a repayment liability of $73 billion by 2025, would need…

2 years ago

Watch: Food shortages trigger fresh protests in PoK, main highway blocked

Poor governance in Pakistan has snowballed into anti-Pakistan and pro-India protests in Pakistan occupied Kashmir (PoK) and the Gilgit Baltistan…

2 years ago

Pakistan is seeking loans to avert default but bigger problems lie ahead

Pakistan’s economy is now being run almost entirely by borrowed money. Even as last week Pakistan managed to secure fresh…

2 years ago

Pak Army’s top commander Asif Ghafoor takes charge to prevent food riots in Balochistan

With a flour crisis taking over Pakistan with food riots erupting at many places, the powerful army has taken the…

2 years ago

Will Saudi Arabia’s assistance to Pakistan resolve its knotty economic issue?

The news that Saudi Arabia is ready to provide assistance to cash starved Pakistan has made headlines. But policymakers’ worries…

2 years ago

Watch: Protests surge in Balochistan as wheat flour runs out

Pakistan's largest province Balochistan has run out of wheat and the Shehbaz Sharif government in Islamabad has ignored the local…

2 years ago

Pakistan on tenterhooks as Saudi Arabia keeps mum on critical $3 bn loan

Pakistan, which will have to make a repayment of $1 billion by next week to avoid a default, is desperately…

2 years ago

Security threats from TTP will further cripple Pakistan’s economy

Pakistan, which is currently battling several challenges on the economic front arising from the aftermath of the Covid pandemic, ongoing…

2 years ago

Will IMF loans to Pakistan continue after cut in fuel prices?

As Pakistan drastically slashed fuel prices, what will the International Monetary Fund's (IMF) stand on the ongoing loan programme? Will…

2 years ago

Pakistan’s forex kitty close to nil

Pakistan’s foreign exchange reserves at $6.72 billion – lowest in almost four years -- mostly comprises borrowed money from other…

2 years ago