Pakistan Economy

After a marginal increase last week, foreign exchange reserves held by Pakistan’s central bank have once again dropped– this time by $923 million to touch an alarming level of $3.67 …

Amid news that the International Monetary Fund (IMF) may resume the stalled loan package, the Pakistani rupee touched an all time low of 255 to a US dollar in the …

As Pakistan is currently staring at one of the worst economic crises in its history, the country’s Finance Minister Ishaq Dar will have to shoulder much of the blame for …

Pakistan, which is going through its worst economic crisis with a repayment liability of $73 billion by 2025, would need to take “tough” decisions to reboot its economy and not …

Poor governance in Pakistan has snowballed into anti-Pakistan and pro-India protests in Pakistan occupied Kashmir (PoK) and the Gilgit Baltistan regions. Videos from these Pakistani-held regions show that protests have …

Pakistan’s economy is now being run almost entirely by borrowed money. Even as last week Pakistan managed to secure fresh financial assistance of about $4 billion from Saudi Arabia and …

With a flour crisis taking over Pakistan with food riots erupting at many places, the powerful army has taken the task upon itself to provide flour to the people in …

The news that Saudi Arabia is ready to provide assistance to cash starved Pakistan has made headlines. But policymakers’ worries continue as the timing of the assistance to the South …

Pakistan’s largest province Balochistan has run out of wheat and the Shehbaz Sharif government in Islamabad has ignored the local administration’s SOS for wheat supply. To add to the problems …

Pakistan, which will have to make a repayment of $1 billion by next week to avoid a default, is desperately hoping to get $3 billion from Saudi Arabia amid uncertainty …

Pakistan, which is currently battling several challenges on the economic front arising from the aftermath of the Covid pandemic, ongoing Russia-Ukraine war and the recent catastrophic floods will now have …

As Pakistan drastically slashed fuel prices, what will the International Monetary Fund’s (IMF) stand on the ongoing loan programme? Will the multilateral agency continue with the financial assistance programme for …

Pakistan’s foreign exchange reserves at $6.72 billion – lowest in almost four years — mostly comprises borrowed money from other countries and multilateral agencies. Its own reserves are perilously close …

The simmering discontent among the Baloch community against alienation by Pakistan has spread across the province from the strategic Gwadar port city in the south to Kalat in Central Balchistan …

Miftah Ismail, Pakistan’s former Finance Minister who resigned recently, said that in the last 75 years, the country has “built a society which was inherently intolerant.” He also said that …

Pakistan’s economic crisis driven by severe cash crunch has led to a sharp reduction in government expenditure. According to data, about 10 ministries received no funds in the first quarter …

Will ‘Daronomics’ as Pakistan’s Finance Minister Ishaq Dar’s policies are referred to, lead to a further dent on the country’s already battered exports sector? Dar, who assumed charge late last …

Pakistan’s foreign exchange reserves have dipped below the psychological $8 billion mark to touch $7.8 billion during the week ended September 30. On September 23, the State Bank of Pakistan …

Pakistan, battling a severe economic crisis, is now bracing for a harsh winter with the deepening energy shortage. Last month, Russian President Vladimir Putin said that Moscow was in a …

All eyes are on Pakistan’s new Finance Minister Ishaq Dar who completes a week in office. Needless to say, his measures will be scrutinised with a fine-tooth comb as the …

Pakistan’s devastating floods which could cost more than $30 billion to the exchequer have once again sparked fears of a possible default. Until the creditors provide debt relief measures and …