Pakistan Economy

Will the new government in Pakistan be able to avert a loan default?

<p> <strong>Will debt ridden Pakistan face similar economic consequences as Sri Lanka? Repayment of foreign loans—that will be the challenge…

3 years ago

ADB forecasts gloomy picture for Pakistan’s economy

<p> <strong>The Asian Development Bank (ADB) on Wednesday forecast Pakistan's economic growth rate to slow down to 4 per cent…

3 years ago

Explained: Sri Lanka & Pakistan Economic Crisis | And China’s Debt Trap Policy

<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/jSwLfav0jaM" title="YouTube video player" width="560"></iframe></p> <p> Like Sri Lanka,…

3 years ago

Will IMF continue its assistance to Pakistan amid deepening political crisis?

<p> Doubts have risen over the International Monetary Fund (IMF)'s approval of the next tranche of its $6 billion assistance…

3 years ago

Pakistan rupee depreciates more than 3% in March alone, forex reserves at the lowest level since 2020

<p> <strong>The ongoing political uncertainty in Pakistan with the country’s Prime Minister Imran Khan dissolving Parliament on Sunday and calling…

3 years ago

Think tank report shows cost of Pakistan’s institutional processes and frictions is whopping: it’s 39% of its GDP

<p> <strong>At a time when political uncertainty is once again peaking in Islamabad with Pakistan Prime Minister Imran Khan losing…

3 years ago

Amid sinking economy, Pakistan keen to resume trade with India

<p> <strong>Amid fast sagging economic contours and rising geopolitical uncertainties, chorus within Pakistan on early resumption of trade with India…

3 years ago

Pakistan’s inward remittances fall in January, causing more concerns for Imran Khan

<p> <strong>Amid rising economic challenges Pakistan’s remittances in January dropped by about $450 million. Pakistan received remittances worth $ 2.1…

3 years ago

Pakistan cracks down on cryptocurrency dealers amid money laundering surge

<p> Pakistan is coming down with a heavy hand on cryptocurrency dealers and has asked the Pakistan Telecommunication Authority (PTA)…

3 years ago

Pakistan cracks down on cryptocurrency dealers amid money laundering surge

<p> Pakistan is coming down with a heavy hand on cryptocurrency dealers and has asked the Pakistan Telecommunication Authority (PTA)…

3 years ago

World Bank red flags Pakistan’s economy, says stepping up exports is a must

<p> Pakistan needs to increase private investment and export more if it wants to sustain strong economic growth. High effective…

3 years ago

Saudi Arabia agrees to provide financial support of $4.2 billion to Pakistan

<p> Saudi Arabia has agreed to provide financial support of $4.2 billion to Pakistan, which is battling several economic challenges.…

3 years ago

Pakistan’s latest headache–rising unemployment: Why has CPEC failed to generate mass scale jobs?

<p> The recent unemployment data in Pakistan will haunt Prime Minister Imran Khan. Data shared by the Pakistan Institute of…

3 years ago

US Senate’s intent to probe Pak role in Taliban comeback worries business community

<p> Pakistan’s business community is worried as the US Senate introduced a bill seeking investigation of Islamabad’s role in the…

3 years ago

As Pakistan remains focused on Afghanistan, its people continue to fret over high food prices

<p> Pakistan, which remains focused on the developments in Afghanistan, has been struggling with a high inflation rate at home.</p>…

3 years ago

Pakistan’s financial meltdown may dampen euphoria over Taliban’s gains in Afghanistan

<p> As Pakistan gloats over the Taliban taking control of Afghanistan, the country under Prime Minister Imran Khan has <a…

3 years ago