Pakistan Economy

Where is Pakistan COAS General Asim Munir?

Speculation surrounds the UK-visit of Pakistan's Chief of the Army Staff (COAS), General Asim Munir after prominent social media handles…

1 year ago

Watch: Spirited Maryam Nawaz spearheads attack against Imran Khan in Pak political rallies

Maryam Nawaz, the Pakistan Muslim League-Nawaz (PML-N) Senior Vice-President and Chief Organiser has taken on the mantle to battle the…

1 year ago

Pakistan set to bow to IMF’s demands as forex reserves drop to a paltry $3.08 billion

With foreign exchange reserves dropping to $3.08 billion, Pakistan has no other option but to accept the International Monetary Fund’s…

1 year ago

Lahore petrol station set on fire as fuel price hike hits common people in Pakistan

A petrol station in Lahore has been set on fire as hike in fuel prices takes its toll on common…

1 year ago

Pakistan hikes fuel prices under IMF pressure, more taxes on way 

Pakistan's economic meltdown, with foreign exchange touching $3.67 billion, is finally making its political class realise that imposing harsh taxes…

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

Iran, not China, comes to the rescue of power-starved Balochistan 

Iran is ready to provide gas facilities to Pakistan in a bid to resolve Pakistan’s energy problems. The South Asian…

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

Pakistan has ‘technically’ defaulted with loan rollovers

Pakistan, which is going through its worst economic crisis with a repayment liability of $73 billion by 2025, would need…

1 year ago

Watch: Food shortages trigger fresh protests in PoK, main highway blocked

Poor governance in Pakistan has snowballed into anti-Pakistan and pro-India protests in Pakistan occupied Kashmir (PoK) and the Gilgit Baltistan…

1 year ago

Pakistan is seeking loans to avert default but bigger problems lie ahead

Pakistan’s economy is now being run almost entirely by borrowed money. Even as last week Pakistan managed to secure fresh…

1 year ago

Pak Army’s top commander Asif Ghafoor takes charge to prevent food riots in Balochistan 

With a flour crisis taking over Pakistan with food riots erupting at many places, the powerful army has taken the…

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

Watch: Protests surge in Balochistan as wheat flour runs out 

Pakistan's largest province Balochistan has run out of wheat and the Shehbaz Sharif government in Islamabad has ignored the local…

1 year ago

Pakistan on tenterhooks as Saudi Arabia keeps mum on critical $3 bn loan

Pakistan, which will have to make a repayment of $1 billion by next week to avoid a default, is desperately…

1 year ago

Security threats from TTP will further cripple Pakistan’s economy

Pakistan, which is currently battling several challenges on the economic front arising from the aftermath of the Covid pandemic, ongoing…

1 year ago

Will IMF loans to Pakistan continue after cut in fuel prices?

As Pakistan drastically slashed fuel prices, what will the International Monetary Fund's (IMF) stand on the ongoing loan programme? Will…

1 year ago

Pakistan’s forex kitty close to nil

Pakistan’s foreign exchange reserves at $6.72 billion – lowest in almost four years -- mostly comprises borrowed money from other…

1 year ago

In restive Balochistan protests now engulf capital Quetta

The simmering discontent among the Baloch community against alienation by Pakistan has spread across the province from the strategic Gwadar…

1 year ago