Pakistan Economy

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

Will the International Monetary Fund (IMF) revive the much needed $6.5 billion financial assistance package for cash starved Pakistan? After…

10 months ago

Rajnath Singh advises Pakistan over PoK as Kashmiris flee territory

Defence Minister Rajnath Singh on Monday hit back at Pakistan criticising it over creating an unnecessary din on Jammu and…

10 months ago

In Paris, China asks Pakistan to crack down on domestic terror organisations

Even as Pakistan is celebrating the 10-years of the China-Pakistan Economic Corridor (CPEC), issues dog the "game-changer" project that falls…

11 months ago

Abandoned by the West, Pakistan Army wants Gulf countries to start corporate farming in Pak

With Pakistan teetering on the brink of financial collapse, the powerful military, which owns large tracts of farmland in the…

11 months ago

Death of 300 migrants in boat tragedy spotlights crisis in Pakistan, POK 

Pakistan has declared June 19 a national day of mourning for the more than 300 of its nationals who drowned…

11 months ago

Pakistani business house calls for reviving trade with India to bail out ailing economy

Pakistan, to fix its economy, must reset it ties with India at the earliest: this is what one of the…

11 months ago

Pakistan turns to China, other countries for help as it loses hope of getting IMF loan

Pakistan’s hopes of reviving the $6.5 billion financial assistance package from the International Monetary Fund (IMF) are rapidly diminishing. Islamabad…

11 months ago

Pakistan’s woes unlikely to end as budget contours may not please IMF

Now that Pakistan’s Finance Minister Ishaq Dar has presented the Union Budget, the moot question is, will the International Monetary…

11 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

Why CPEC has failed to deliver even after eight years of existence

China’s loans to Pakistan have grown manifold in the last 10 years. In June 2013, China’s loans to Pakistan stood…

11 months ago

Embattled Pakistan assures repayment of debt but facts show otherwise

Time is running out for Pakistan as the deadline to repay $3.7 billion inches closer. The country’s Finance Minister Ishaq…

12 months ago

As Pakistan burns, is it heading for a default in replay of the Sri Lankan crisis?

Exactly a year ago, Sri Lanka defaulted for the first time in its history. And now as Pakistan’s economic crisis…

12 months ago

Forget about economy after Imran Khan’s arrest, capping political unrest in Pakistan would be key

The arrest of former Pakistan Prime Minister Imran Khan in Islamabad which has already led to violence in several parts…

12 months ago

US serves notice to Pakistan over neglected embassy building in Washington, cash-strapped Islamabad mulls sale 

Pakistan's embassy building in Washington gets a "blighted property" notice from the Department of Buildings (BOD), Washington, following a decade…

12 months ago

Can a Baloch journalist, green activists upset Barrick Gold’s plans in Balochistan?

Just one sentence, "You should go back to Balochistan", has put Barrick Gold CEO Mark Bristow in hot water. In…

12 months ago

Sharif lands in the UK for the fourth time amid economic meltdown in Pakistan 

Pakistani Prime Minister Shehbaz Sharif arrived in the UK on Wednesday to attend King Charles III’s coronation and the Commonwealth…

1 year ago

Hungry Pakistan dismayed as untimely rains ruin rice, maize and sugarcane crops

Concerns for Pakistan’s policymakers have risen as heavy rains lashed several parts of Pakistan including the Khyber Pakhtunkhwa and Balochistan,…

1 year ago

Is Pakistan smuggling food to Afghanistan despite hunger pangs at home?

Pakistanis are smuggling food to Afghanistan even as their own nation witnesses deaths due to shortage of wheat flour and…

1 year ago

Will China’s Gwadar to Kashgar rail link prove to be a non-starter?  

China plans another monumental corridor project under the Belt and Road Initiative - The China-Pakistan railway. The gigantic enterprise will…

1 year ago

Pakistan’s draconian blasphemy laws likely to push economy into deeper crisis

Pakistan’s stringent blasphemy laws could dent its already battered economy. The recent arrest of a Chinese engineer, who was accused…

1 year ago