Pakistan Economy

Amid rising debt levels in Pakistan, it seems that the country’s Finance Minister Ishaq Dar has only one key task —to be able to secure further loans or resume the …

The impending general elections in Pakistan will further dent the economy. The cost of holding elections is estimated at around Rs 50 billion. In 2018, general elections in Pakistan cost …

If there is something that is in plenty in a cash-starved Pakistan, it is diesel. Iranian diesel is making its way into large areas of Pakistan through speed boats operating …

For the Pakistani masses this Ramzan has been about shortage of wheat flour and food inflation. At least 11 people have died while collecting subsidised flour, with riots being reported …

With each passing day, the theatre of the absurd plays to full strength in Pakistani politics. Even as scarcity of flour and rising food prices take the lives of the …

Pakistan’s current account deficit—the difference between outflow and inflow of dollars or other foreign currencies dropped 86 per cent to $74 million in February—the lowest in about two years. In …

Saudi Arabia’s reluctance to provide any meaningful financial assistance to Pakistan, which is currently in the middle of an unprecedented economic crisis, is a wake-up call for Islamabad. It is …

The deepening economic crisis in Pakistan is leading to a large number of school dropouts. With surging inflation and shortage of essential items including food, many children are now being …

Even as cash starved Pakistan managed to get a lifeline after old ally China approved rollover of a loan of $1.3 billion, default risks continue to loom large. The rise …

Close on the heels of the migrant boat tragedy off the Italian coastline in which at least 28 Pakistanis died, seven more Pakistani migrants drowned in a boat wreck near …

“Must we starve our children to pay our debts?” former Tanzania President Julius Nyerere in 1986 had once asked. Many in Pakistan are now asking the same question even as …

Several industries in Pakistan are already in stress after Islamabad unveiled its (Pakistani) Rs 170 billion mini budget to conform to the International Monetary Fund’s demand, a prerequisite to resume …

Pakistan’s precarious financial situation is causing friction with Balochistan which is teetering on the verge of collapse as Pakistan has not paid outstanding finances to its poorest state for the …

Hunger levels in Pakistan will further rise in the coming months. As the Shehbaz Sharif government thrashed out a harsh diktat–raising fuel prices to meet the International Monetary Fund’s (IMF) …

Speculation surrounds the UK-visit of Pakistan’s Chief of the Army Staff (COAS), General Asim Munir after prominent social media handles said that the general is in the USA after a …

Maryam Nawaz, the Pakistan Muslim League-Nawaz (PML-N) Senior Vice-President and Chief Organiser has taken on the mantle to battle the indefatigable Imran Khan. پاکستان مسلم لیگ (ن) کی سینئر نائب …

With foreign exchange reserves dropping to $3.08 billion, Pakistan has no other option but to accept the International Monetary Fund’s (IMF) stringent riders for resumption of the loan package under …

A petrol station in Lahore has been set on fire as hike in fuel prices takes its toll on common people of Pakistan. On Sunday, Pakistan raised fuel and gas …

Pakistan’s economic meltdown, with foreign exchange touching $3.67 billion, is finally making its political class realise that imposing harsh taxes is the only way out to acquire an International Monetary …

Driven by a near collapse of the economy, uncertainty and risks in Pakistan’s political and security have risen further with impending elections intensifying the struggle for power. A shortage of …

Iran is ready to provide gas facilities to Pakistan in a bid to resolve Pakistan’s energy problems. The South Asian country is facing an energy crisis and came out of …