Pakistan Economy

Why peace with India is Pakistan’s only option to get out of its economic mess

<p> Soon after assuming office in Islamabad, the newly anointed Pakistani Prime-Minister Shehbaz Sharif headed for Saudi Arabia and the…

2 years ago

Cash starved Pakistan spends big on military despite financial meltdown

<p> <strong>Cash starved Pakistan, which is negotiating with the International Monetary Fund for a bailout package, has increased its defence…

2 years ago

Pakistan rupee touches a new low, could lose further until IMF deal is finalised

<p> <strong>The Pakistan rupee, which hit a fresh low of 202.83 to a US dollar on Tuesday, could continue to…

2 years ago

IMF’s austerity pill set to hurt common Pakistanis the most

<p> <strong>Pakistan's common citizens are the most concerned as they have to brace for tougher times. </strong><strong>The International Monetary Fund has…

2 years ago

Pakistan’s May inflation is highest since 2020 but the worst is yet to come

<p> <strong>Inflation is continuing to rise in Pakistan. In May, the cash starved South Asian nation’s consumer price index (CPI)…

2 years ago

Pakistan, Turkey promise to boost trade but will it help Islamabad steer out of the current economic crisis?

<p> <strong>Cash starved Pakistan and its long term ally Turkey have recently renewed their pledge to deepen trade relations. Pakistan…

2 years ago

Pakistan is staring at a fuel crisis as supply chains blow up

<p> <strong>Pakistan is staring at a fuel crisis driven by a massive disruption in the supply chain network. According to…

2 years ago

Pakistan’s forex level drops to the lowest level since December 2019

<p> <strong>Pakistan’s foreign exchange reserves has further dropped to a level of $16.4 billion – the lowest since December 2019…

3 years ago

Pakistan’s rupee crashes to an all time low of over 200 to a US dollar amid deepening economic crisis

<p> <strong>Amid deepening economic crisis and delay in rollout of bailout packages, Pakistan’s rupee on Thursday crashed to an all-time…

3 years ago

Pakistan headed for bankruptcy as bailout packages get delayed

<p> <strong>Pakistan’s economic crisis is just getting deeper. With the surge in its import bill amid depleting foreign exchange reserves,…

3 years ago

Pakistan on the brink: Any delay in bailout package could lead to solvency issues

<p> <strong>Will Pakistan, engaged in negotiations with the International Monetary Fund (IMF) for a bailout package be able to implement…

3 years ago

Will trade with India ultimately bail out Pakistan’s ailing economy?

<p> <strong>The Pakistani rupee seems to be coming under pressure once again after showing some resilience. On May 7, the…

3 years ago

UAE set to help Pakistan’s ailing economy–high level delegation to visit Islamabad

<p> <strong>A high powered delegation from the UAE will arrive in Pakistan to discuss ways to expand economic, trade and…

3 years ago

Pakistan’s April inflation was at 13.4% but prices are set to further rise in the coming months

<p> <strong>Pakistan’s annual inflation rate in April rose to 13.4 per cent – the highest in two years. In March…

3 years ago

Terror strikes by Pakistan Taliban could further dent Islamabad’s economic recovery

<p> <strong>Possible terror threats from the Tehreek -i-Taliban Pakistan (TTP) and Baloch Liberation Army will pose a serious challenge for…

3 years ago

Pakistan pivots after Imran Khan’s exit– Finance Minister Ismail’s first port of call is Washington and not Beijing

<p> <strong>Amid rapidly deteriorating economic situation, Pakistan’s finance minister Miftah Ismail, who took over only this week, has already reached…

3 years ago

Will Pakistan’s newly appointed finance minister Miftah Ismail be able to steer Islamabad out of the woods?

<p> <strong>Pakistan newly appointed finance minister Miftah Ismail will be the man of the moment. His actions will be scrutinised…

3 years ago

Will India-Pakistan trade resume anytime soon?

<p> <strong>Amid rising chorus within Pakistan’s business community that trade between New Delhi and Islamabad should resume at the earliest,…

3 years ago

Amid economic challenges, Pak PM Shehbaz Sharif will be required to steer Islamabad out of FATF grey list

<p> <strong>Will Pakistan Prime Minister Shehbaz Sharif be able to steer Islamabad out of the Financial Action Task Force’s (FATF)…

3 years ago

Will Pakistan PM Shehbaz Sharif bite the bullet and go for reforms to revive economy?

<p> <strong>Will the newly inducted Shehbaz Sharif government in Pakistan be willing to expand the tax base, curtail exemptions and…

3 years ago

Pak PM Shehbaz Sharif faces economic meltdown–clearing the mess left behind by Imran Khan will not be easy

<p> <strong>How will Pakistan’s new Prime Minister Shehbaz Sharif and his team fix the rapidly dwindling economic situation in the…

3 years ago