Pakistan Economy

In restive Balochistan protests now engulf capital Quetta

The simmering discontent among the Baloch community against alienation by Pakistan has spread across the province from the strategic Gwadar…

2 years ago

Pakistan society has become inherently intolerant: former FM

Miftah Ismail, Pakistan’s former Finance Minister who resigned recently, said that in the last 75 years, the country has “built…

2 years ago

Broke Pakistan govt has no funds for development projects

Pakistan’s economic crisis driven by severe cash crunch has led to a sharp reduction in government expenditure. According to data,…

2 years ago

More worries for Pakistan’s exporters as Finance Minister vows to prop up local currency

Will ‘Daronomics’ as Pakistan’s Finance Minister Ishaq Dar’s policies are referred to, lead to a further dent on the country’s…

2 years ago

Another red flag goes up as Pakistan’s forex reserves dip below $8 billion mark

Pakistan’s foreign exchange reserves have dipped below the psychological $8 billion mark to touch $7.8 billion during the week ended…

2 years ago

Pakistan’s energy security on ventilator as exporters shun cash-strapped Islamabad

Pakistan, battling a severe economic crisis, is now bracing for a harsh winter with the deepening energy shortage. Last month,…

2 years ago

Pakistan’s new Finance Minister will find it hard to clear the financial mess

All eyes are on Pakistan’s new Finance Minister Ishaq Dar who completes a week in office. Needless to say, his…

2 years ago

Is Pakistan once again on the brink of default?

Pakistan’s devastating floods which could cost more than $30 billion to the exchequer have once again sparked fears of a…

2 years ago

IMF loan not enough to help Pakistan’s economy, says country’s top public think tank

The much-hyped revival of the International Monetary Fund’s (IMF) bailout package under the Extended Fund Facility (EEF) for Pakistan is…

2 years ago

Are Pakistani and Chinese utilities set to quarrel over electricity payments?

Power crisis is deepening in Pakistan. Scores of people in the country are living in the dark as power generation…

2 years ago

Pakistan’s forex reserves depleting again despite IMF assistance

Pakistan is once struggling with dwindling foreign exchange reserves despite the International Monetary Fund (IMF) assistance. After the country’s forex…

2 years ago

Politics first for flood hit Pakistan as it denies aid from Bangladesh

Flood hit Pakistan, which is urgently seeking international aid, has made things difficult for aid agencies as it refused to…

2 years ago

For India, trade with Pakistan is not a priority

Pakistan Prime Minister Shehbaz Sharif’s stand that trade with India will not be resumed until the Kashmir issue is resolved…

2 years ago

Pakistanis fear hunger pangs after massive floods damage crops

Massive destruction of crops in Pakistan due to the torrential rains and floods has already started impacting the country’s food…

2 years ago

Is Pakistan up for sale as ‘friendly’ countries seek prized assets?

Pakistani Finance Minister Miftah Ismail has said that Qatar is keen to buy out two Pakistani LNG-fired power plants based…

2 years ago

IMF board to meet tomorrow to discuss Pakistan’s bailout package

The executive board of the International Monetary Fund (IMF) will meet tomorrow to discuss the issue of disbursement of the…

2 years ago

Pakistani experts keen to resume trade with India

Pakistan Prime Minister Shehbaz Sharif’s recent statement seeking permanent peace with New Delhi has given hope to the country’s economic…

2 years ago

Is Pakistan’s finance minister in the firing line after Nawaz Sharif objects to fuel hike?

<p> <strong>Pakistan’s Finance Minister Miftah Ismail has come under the spotlight for continuously increasing fuel prices. Will he remain as…

2 years ago

Cash strapped Pakistan now set to get Saudi, IMF assistance by month-end

<p> <strong>Finally there is good news for Pakistan. After Saudi Arabia agreed to renew the much needed $3 billion deposit…

2 years ago

Pakistan marks 75 years of independence amid deepening economic crisis and uncertainty

<p> <strong>At its 75th Independence Day, Pakistan finds itself in a bind amid deepening economic uncertainty with foreign exchange reserves…

2 years ago

Pakistan’s foreign exchange reserves in a free fall– drop by $555 million in a week

<p> <strong>Pakistan’s foreign exchange reserves has further fallen. According to the State Bank of Pakistan, the foreign exchange reserves held…

2 years ago