Pakistan’s economy

IMF warns of high downside risks for Pakistan’s economy

The International Monetary Fund (IMF) has issued a stark warning about Pakistan's economic future, highlighting exceptionally high downside risks in…

7 months ago

Over 10 million Pakistanis may fall below poverty line: World Bank

The World Bank has cautioned that over 10 million Pakistanis may fall below the poverty line, mainly due to a…

8 months ago

Will turbulent politics distract Nawaz Sharif from economy after his much anticipated return?

Pakistan is gearing up for the return of its former Prime Minister and Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif…

1 year ago

Pakistan’s crime rate soars as economic crisis decimates jobs

Incidents of crime have been steadily increasing in Pakistan, hit by unprecedented economic crises. While newspapers in Pakistan recently reported…

1 year ago

Pakistan’s much-hyped oil import deal with Russia runs into rough weather

Islamabad’s euphoria over receiving discounted Russian oil could be short-lived. Pakistan, which received the first consignment of Russian oil in…

1 year ago

China, Pakistan claim CPEC is a success story, but is it for real?

No independent or third party assessment has been undertaken for the 10 year old China Pakistan Economic Corridor (CPEC) –…

1 year ago

Trust deficit between Pakistan govt and industry captains widens ahead of budget

Trust deficit between the Shehbaz Sharif government and Pakistan’s business community is widening. For cash starved Pakistan, which is expecting…

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

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

Multinationals in Pakistan scramble as their profit margins plummet

The going is getting tougher for multinationals operating in Pakistan, fresh investments will slow down. Along with the economic woes,…

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

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

Moody’s downgrades Pakistan’s rating amid depleting forex reserves

In another setback to Pakistan, global ratings agency Moody's today downgraded the country’s rating to Caa3 from Caa1 as it…

2 years ago

Is $8 billion donor pledge to cash-strapped Pakistan only good PR?

Pakistan Prime Minister Shehbaz Sharif, who is currently in Geneva to attend an international Conference on ‘Climate Resilient Pakistan’ along…

2 years ago

Is Ishaq Dar driving Pakistan the Sri Lanka way to bankruptcy?

Is Pakistan going the Sri Lanka way? Pakistan is staring at bankruptcy even as it managed to repay about $1…

2 years ago

Pakistan’s forex reserves drop to 8 year-low level

Pakistan’s foreign exchange reserves held by its central bank has fallen by $294 million in a week to $5.821 billion…

2 years ago

Can cash-strapped Pakistan repay a hefty $8.3 billion debt by March?

Pakistan will step into the new year with uncertainty. Come January, Islamabad will be required to make repayments of $1…

2 years ago

S&P cuts Pakistan’s rating amid falling forex reserves

S&P Global Ratings further downgraded Pakistan’s long term sovereign credit rating to 'CCC+' from 'B-‘. Pakistan, foreign exchange reserves which…

2 years ago

Pakistan’s economic crisis deepens amid growing political turmoil

Pakistan’s economic crisis is deepening amid rising political and security uncertainty. Though the country managed to avert a default earlier…

2 years ago

FDI flows into Pakistan take a hit amid political turmoil

Pakistan’s political uncertainty has had an impact on the inflow of foreign direct investments (FDI). In November, Pakistan’s net FDI…

2 years ago