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Finally, Pakistan has something to cheer about as it managed to clinch the much-needed bailout package of $3 billion supported by a Stand By Arrangement (SBA) from the International Monetary …

Pakistan’s hopes of reviving the $6.5 billion financial assistance package from the International Monetary Fund (IMF) are rapidly diminishing. Islamabad has now once again reached out to its “iron brother” …

Pakistan’s Army needs to take a large chunk of the blame for ruining the country’s economy. Last year, former Army Chief, General Qamar Javed Bajwa officially admitted that the military …

Pakistan’s record inflation of 35.4 per cent in March has left the country’s Prime Minister Shehbaz Sharif red faced. Islamabad has warned   that the situation would get worse. It will …

As negotiations between the International Monetary Fund and Pakistan for the resumption of the $6.5 billion financial assistance package is yet to yield any result, Islamabad is hoping China will …

Pakistan’s debt under Prime Minister Shehbaz Sharif has continued to rise and rise at a pace of 15 per cent. Between July—the beginning of the new financial year in Pakistan– …

Even as cash starved Pakistan managed to get a lifeline after old ally China approved rollover of a loan of $1.3 billion, default risks continue to loom large. The rise …

“Must we starve our children to pay our debts?” former Tanzania President Julius Nyerere in 1986 had once asked. Many in Pakistan are now asking the same question even as …

Several industries in Pakistan are already in stress after Islamabad unveiled its (Pakistani) Rs 170 billion mini budget to conform to the International Monetary Fund’s demand, a prerequisite to resume …

A crisis-like situation is brewing in the US with auto loan credit demand declining rapidly and the delinquency figure touching 26.7 per cent in December. Analysts the world over are …