Foreign exchange reserves

For bearish Pakistani exporters, IMF deal is no silver bullet

Pakistan, which is in the midst of an economic crisis, has recorded a 12.7 per cent decline in exports for…

10 months ago

Pakistan’s forex reserves plunge below $4 billion, several companies wind up operations

Pakistan’s foreign exchange reserves held by the State Bank of Pakistan have once again fallen below the $4 billion mark…

11 months ago

Is Finance Minister Ishaq Dar the mascot of Pakistan’s crippled economy?

Pakistan’s Finance Minister Ishaq Dar will have to take much of the blame for the country’s deepening economic crisis. The…

11 months ago

Our education system cannot compete with India’s, says Pakistan ex-minister

Pakistan’s former Finance Minister Miftah Ismail has said that the spendings on education is neither sufficient nor is the amount…

12 months 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…

12 months 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,…

1 year ago

How poor governance has devastated Pakistan’s once robust textile sector

Pakistan’s once robust textile industry, considered the backbone of the economy, is under severe stress as several firms are inching…

1 year 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…

1 year ago

Pakistan’s pharma sector takes a big hit amid deepening economic crisis

Hit by acute shortage of imported raw materials, rising prices and sliding currency, Pakistan’s pharmaceutical companies have threatened to halt…

1 year ago

Cash starved Pakistan bows to IMF conditions, approves new tax on power

Staring at bankruptcy, Pakistan has finally agreed to the stringent conditions of the International Monetary Fund (IMF) for the much…

1 year ago

Staring at default, will Pakistan go for debt restructuring kicking and screaming?

After Sri Lanka, will Pakistan be the second South Asian nation to participate in the debt restructuring exercise? Amid deepening…

1 year ago

Pakistan’s economic meltdown triggers infighting; blame game among political class intensifies

Driven by a near collapse of the economy, uncertainty and risks in Pakistan’s political and security have risen further with…

1 year ago

Pakistan’s forex reserves dip to an alarming $3.67 billion, not enough to cover imports

After a marginal increase last week, foreign exchange reserves held by Pakistan’s central bank have once again dropped– this time…

1 year ago

Pakistani rupee hits all time low of 255 to a dollar amid economic meltdown

Amid news that the International Monetary Fund (IMF) may resume the stalled loan package, the Pakistani rupee touched an all…

1 year ago

Will Finance Minister Ishaq Dar take responsibility for Pakistan’s economic crisis?

As Pakistan is currently staring at one of the worst economic crises in its history, the country’s Finance Minister Ishaq…

1 year ago

Why are Pakistanis unhappy with Bilawal Bhutto’s Davos visit?

Pakistan Foreign Minister Bilawal Bhutto Zardari and Minister of State for Foreign Affairs Hina Rabbani Khar along with other senior…

1 year ago

Will Saudi Arabia’s assistance to Pakistan resolve its knotty economic issue?

The news that Saudi Arabia is ready to provide assistance to cash starved Pakistan has made headlines. But policymakers’ worries…

1 year 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…

1 year 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…

1 year ago

Is debt-ridden Pakistan set to kowtow before the IMF as 2023 begins?

After severely criticising the International Monetary Fund (IMF) for setting stringent riders for the $7 billion loan package under the…

1 year 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…

1 year ago