Pakistan Economy

Even as Pakistan is celebrating the 10-years of the China-Pakistan Economic Corridor (CPEC), issues dog the “game-changer” project that falls under China’s ambitious Belt and Road Initiative (BRI). Chinese Premier …

With Pakistan teetering on the brink of financial collapse, the powerful military, which owns large tracts of farmland in the country, has stepped in with an idea that Pakistan gives …

Pakistan has declared June 19 a national day of mourning for the more than 300 of its nationals who drowned after an overcrowded Libyan boat sank off the coast of …

Pakistan, to fix its economy, must reset it ties with India at the earliest: this is what one of the most prominent business tycoons of the cash starved nation has …

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” …

Now that Pakistan’s Finance Minister Ishaq Dar has presented the Union Budget, the moot question is, will the International Monetary Fund (IMF) resume the $6.5 billion financial assistance package for …

Pakistan’s foreign exchange reserves held by the State Bank of Pakistan have once again fallen below the $4 billion mark to $3.9 billion. On May 26, the forex reserves were …

Pakistan’s Finance Minister Ishaq Dar will have to take much of the blame for the country’s deepening economic crisis. The fourth finance minister to assume office in three years, Dar …

China’s loans to Pakistan have grown manifold in the last 10 years. In June 2013, China’s loans to Pakistan stood at about $4 billion. By June 2017, the loans increased …

Time is running out for Pakistan as the deadline to repay $3.7 billion inches closer. The country’s Finance Minister Ishaq Dar has assured timely repayment of the debt – by …

Exactly a year ago, Sri Lanka defaulted for the first time in its history. And now as Pakistan’s economic crisis deepens amid its currency crashing against the US dollar with …

The arrest of former Pakistan Prime Minister Imran Khan in Islamabad which has already led to violence in several parts of the country, will further dent the crumbling economy. Economic …

Pakistan’s embassy building in Washington gets a “blighted property” notice from the Department of Buildings (BOD), Washington, following a decade of neglect. The notice said that the Building Enforcement Unit …

Just one sentence, “You should go back to Balochistan”, has put Barrick Gold CEO Mark Bristow in hot water. In a shareholders’ meet on Wednesday, Bristow told Baloch journalist Lateef …

Pakistani Prime Minister Shehbaz Sharif arrived in the UK on Wednesday to attend King Charles III’s coronation and the Commonwealth leaders’ summit. He also plans to meet his brother and …

Concerns for Pakistan’s policymakers have risen as heavy rains lashed several parts of Pakistan including the Khyber Pakhtunkhwa and Balochistan, crops. These regions were damaged by heavy floods last year …

Pakistanis are smuggling food to Afghanistan even as their own nation witnesses deaths due to shortage of wheat flour and rising food prices. Western neighbour Afghanistan, which was taken over …

China plans another monumental corridor project under the Belt and Road Initiative – The China-Pakistan railway. The gigantic enterprise will cost a whopping $58 billion. The railway will join Kashgar …

Pakistan’s stringent blasphemy laws could dent its already battered economy. The recent arrest of a Chinese engineer, who was accused of blasphemy has sent chills across the country’s industry and …

Numerous Pakistani migrants drowned after two boats sank in the Mediterranean in different parts of Libya on Tuesday. Of the nearly 80 passengers from Pakistan, Syria, Tunisia and Egypt, at …

This has been the most difficult Eid for the Pakistanis. Skyrocketing inflation, shortage of food, economic distress, rising violence and deaths over food rations dampened the festivities in the holy …