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Pakistan Economy

  • Economy

    Pakistan’s total debt to reach PKR 79 trillion by June 2025: Report

    by ANI July 20, 2024
    by ANI July 20, 2024

    The Shehbaz Sharif-led Pakistan government unveiled a three-year economic plan, which aims to increase the share of provinces in the federal budget from 39.4 per cent to 48.7 per cent …

  • Economy

    Pakistan keen to follow Air India privatisation model for its bleeding national carrier

    by Mahua Venkatesh October 29, 2023
    by Mahua Venkatesh October 29, 2023

    The next government in Islamabad will have to take a decisive call on the fate of Pakistan International Airlines (PIA)—the country’s beleaguered national carrier. Flight cancellations and delays are now …

  • Economy

    Will the experienced Nawaz Sharif be able to anchor Pakistan’s shipwrecked economy?

    by Mahua Venkatesh October 22, 2023
    by Mahua Venkatesh October 22, 2023

    Economic recovery will be Pakistan’s former Prime Minister Nawaz Sharif’s biggest test as he sets the ground for the upcoming general elections. At a rally in Lahore, which he addressed …

  • World

    Is Pakistan finally selling off its stake in Balochistan mines to Saudi Arabia?

    by Rahul Kumar October 3, 2023
    by Rahul Kumar October 3, 2023

    The Pakistani government is planning to sell off its part of the shares in the Reko Diq copper and gold mining project to Saudi Arabia. The other partners in the …

  • Economy

    Can Nawaz Sharif’s return turn around Pakistan’s free-fall economy?

    by Mahua Venkatesh October 3, 2023
    by Mahua Venkatesh October 3, 2023

    Pakistan, with an inflation rate of 31.4 per cent year-on-year in September, is among the worst affected countries battling surging prices. In August, Pakistan’s inflation rate was 27.4 per cent. …

  • Opinion

    I believe geography will soon change in Pakistan and Balochistan: Arif Aajakia

    by Rahul Kumar October 3, 2023
    by Rahul Kumar October 3, 2023

    Pakistan has the world in bewilderment – never-ending wars, a growing poor-rich divide, politicians thriving in foreign lands, army generals running businesses in Western countries and its people on the …

  • Opinion

    ‘Pakistani Army is like a hedge fund that is running the country’

    by Rahul Kumar September 6, 2023
    by Rahul Kumar September 6, 2023

    Pakistan’s economy has been in the news for almost two years now – rising inflation, food riots, chasing the International Monetary Fund (IMF), selling off national assets and asking friendly …

  • Opinion

    Pakistan crisis is deep as people have begun to lose hope, POJK protests are unprecedented: Amjad Ayub Mirza

    by Rahul Kumar September 4, 2023
    by Rahul Kumar September 4, 2023

    All of Pakistan is in upheaval due to economic mismanagement by successive governments and a severe cost of living crisis. The rising cost of energy and unprecedented inflation is now …

  • Economy

    Pakistan stares at the abyss as IMF conditionalities bite, social unrest also begins to simmer

    by Mahua Venkatesh September 1, 2023
    by Mahua Venkatesh September 1, 2023

    Pakistan’s political turmoil with a likely delay in general elections has once again led to deepening economic crisis with the (Pakistani) rupee taking a beating. Since August 14, when the …

  • Opinion

    Resource nationalism fires Sindhudesh movement in Pakistan, says exiled leader Sohail Abro

    by Rahul Kumar August 22, 2023
    by Rahul Kumar August 22, 2023

    In Pakistan, its various ethnic minorities remain in a constant state of agitation. The government in Islamabad remains aloof from the turmoil taking places on the country’s peripheries where local …

  • World

    Cash starved Pakistan on selling spree, to offload more port terminals to UAE firm

    by Rahul Kumar July 25, 2023
    by Rahul Kumar July 25, 2023

    The Pakistan government has decided to hand over two more port terminals of the Karachi Port Trust (KPT) to the United Arab Emirates (UAE) as it faces a near collapse …

  • Economy

    Sharif govt once again caught in a bind as petrol pump dealers threaten to go on strike

    by Mahua Venkatesh July 23, 2023
    by Mahua Venkatesh July 23, 2023

    The Shehbaz Sharif government has once again been caught between the devil and the deep sea. Almost immediately after the cash starved nation received the much-needed breather from the International …

  • Economy

    PIA assets in focus as cash strapped Pakistan adopts drastic measures to raise funds 

    by Rahul Kumar July 14, 2023
    by Rahul Kumar July 14, 2023

    Pakistan is working double fast to raise funds to keep its sputtering economy on track. In the latest development, it has kick-started the process to outsource operations of its Karachi, …

  • Opinion

    Battered by rain and an economy in free fall, can Pakistan afford to focus on Sweden Quran issue?

    by Mahua Venkatesh July 7, 2023
    by Mahua Venkatesh July 7, 2023

    For Pakistan, food shortage could intensify as heavy rains have once again started playing havoc in several parts of the country including Punjab and Khyber Pakhtunkhwa, leaving many dead while …

  • Economy

    Pakistan may avert a default with IMF loan, but what’s next for Islamabad?

    by Mahua Venkatesh July 6, 2023
    by Mahua Venkatesh July 6, 2023

    As Pakistan’s initial euphoria following the International Monetary Fund’s (IMF) approval of the much needed loan programme settles, worries are once again building up. Even as the IMF gave its …

  • Economy

    For bearish Pakistani exporters, IMF deal is no silver bullet

    by Mahua Venkatesh July 4, 2023
    by Mahua Venkatesh July 4, 2023

    Pakistan, which is in the midst of an economic crisis, has recorded a 12.7 per cent decline in exports for the July to June period—country’s financial year. During this period, …

  • Opinion

    Pakistanis acknowledge Prime Minister Narendra Modi’s successful Washington visit, but with a heavy heart

    by IN Bureau July 2, 2023
    by IN Bureau July 2, 2023

    The sane voices of the Pak society including Pakistani diaspora in the US  have termed Prime Minister Narendra Modi’s  recent USA visit in the 3rd week of June as  historic …

  • Economy

    Pakistan gets IMF breather, but economic crisis is here to stay

    by Mahua Venkatesh June 30, 2023
    by Mahua Venkatesh June 30, 2023

    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 …

  • World

    Baloch armed rebels attack Pakistan’s energy sector by targeting mining projects

    by Rahul Kumar June 29, 2023
    by Rahul Kumar June 29, 2023

    Baloch armed rebels are systematically targeting Pakistan’s energy sector by attacking coal mined in Balochistan province, where resource nationalism is rife. On Tuesday, the Baloch Liberation Army (BLA) set fire …

  • Economy

    What’s in store for Pakistan as IMF talks go to the wire?

    by Mahua Venkatesh June 27, 2023
    by Mahua Venkatesh June 27, 2023

    Will the International Monetary Fund (IMF) revive the much needed $6.5 billion financial assistance package for cash starved Pakistan? After back-to-back talks with IMF Managing Director Kristalina Georgieva on the …

  • World

    Rajnath Singh advises Pakistan over PoK as Kashmiris flee territory

    by Rahul Kumar June 26, 2023
    by Rahul Kumar June 26, 2023

    Defence Minister Rajnath Singh on Monday hit back at Pakistan criticising it over creating an unnecessary din on Jammu and Kashmir (J&K). He advised Pakistan to manage its own problems, …

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