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Pakistan Economy

  • Economy

    IMF loan not enough to help Pakistan’s economy, says country’s top public think tank

    by Mahua Venkatesh September 23, 2022
    by Mahua Venkatesh September 23, 2022

    The much-hyped revival of the International Monetary Fund’s (IMF) bailout package under the Extended Fund Facility (EEF) for Pakistan is unlikely to boost economic development in the country. Pakistan Institute …

  • Economy

    Are Pakistani and Chinese utilities set to quarrel over electricity payments?

    by Mahua Venkatesh September 20, 2022
    by Mahua Venkatesh September 20, 2022

    Power crisis is deepening in Pakistan. Scores of people in the country are living in the dark as power generation has been hit due to the devastating floods. While the …

  • Economy

    Pakistan’s forex reserves depleting again despite IMF assistance

    by Mahua Venkatesh September 18, 2022
    by Mahua Venkatesh September 18, 2022

    Pakistan is once struggling with dwindling foreign exchange reserves despite the International Monetary Fund (IMF) assistance. After the country’s forex reserves –held by its central bank– dropped below the $8 …

  • EconomyWorld

    Politics first for flood hit Pakistan as it denies aid from Bangladesh

    by Mahua Venkatesh September 15, 2022
    by Mahua Venkatesh September 15, 2022

    Flood hit Pakistan, which is urgently seeking international aid, has made things difficult for aid agencies as it refused to give approval to them for sourcing relief materials from India. …

  • Economy

    For India, trade with Pakistan is not a priority

    by Mahua Venkatesh August 31, 2022
    by Mahua Venkatesh August 31, 2022

    Pakistan Prime Minister Shehbaz Sharif’s stand that trade with India will not be resumed until the Kashmir issue is resolved will cause worry for the country’s economic managers and business …

  • Economy

    Pakistanis fear hunger pangs after massive floods damage crops

    by Mahua Venkatesh August 29, 2022
    by Mahua Venkatesh August 29, 2022

    Massive destruction of crops in Pakistan due to the torrential rains and floods has already started impacting the country’s food sector. Prices of food items have surged and supply chain …

  • World

    Is Pakistan up for sale as ‘friendly’ countries seek prized assets?

    by Rahul Kumar August 28, 2022
    by Rahul Kumar August 28, 2022

    Pakistani Finance Minister Miftah Ismail has said that Qatar is keen to buy out two Pakistani LNG-fired power plants based in Punjab province. The two Punjab-based plants are the Haveli …

  • Economy

    IMF board to meet tomorrow to discuss Pakistan’s bailout package

    by IN Bureau August 28, 2022
    by IN Bureau August 28, 2022

    The executive board of the International Monetary Fund (IMF) will meet tomorrow to discuss the issue of disbursement of the much needed bailout package to Pakistan. The delay in the …

  • Economy

    Pakistani experts keen to resume trade with India

    by Mahua Venkatesh August 24, 2022
    by Mahua Venkatesh August 24, 2022

    Pakistan Prime Minister Shehbaz Sharif’s recent statement seeking permanent peace with New Delhi has given hope to the country’s economic policymakers that trade between the two countries could resume in …

  • Economy

    Is Pakistan’s finance minister in the firing line after Nawaz Sharif objects to fuel hike?

    by Mahua Venkatesh August 17, 2022
    by Mahua Venkatesh August 17, 2022

    <p> <strong>Pakistan’s Finance Minister Miftah Ismail has come under the spotlight for continuously increasing fuel prices. Will he remain as finance minister, is one question that many are now asking.</strong></p> …

  • Economy

    Cash strapped Pakistan now set to get Saudi, IMF assistance by month-end

    by IN Bureau August 16, 2022
    by IN Bureau August 16, 2022

    <p> <strong>Finally there is good news for Pakistan. After Saudi Arabia agreed to renew the much needed $3 billion deposit for Pakistan, Islamabad is now expected to receive an additional …

  • World

    Pakistan marks 75 years of independence amid deepening economic crisis and uncertainty

    by Mahua Venkatesh August 14, 2022
    by Mahua Venkatesh August 14, 2022

    <p> <strong>At its 75th Independence Day, Pakistan finds itself in a bind amid deepening economic uncertainty with foreign exchange reserves dropping below the $8 billion level. The annual inflation in …

  • Economy

    Pakistan’s foreign exchange reserves in a free fall– drop by $555 million in a week

    by IN Bureau August 12, 2022
    by IN Bureau August 12, 2022

    <p> <strong>Pakistan’s foreign exchange reserves has further fallen. According to the State Bank of Pakistan, the foreign exchange reserves held by the central bank stood at $7.83 billion as on …

  • World

    China rattled as Pakistan moves closer to US

    by Mahua Venkatesh August 12, 2022
    by Mahua Venkatesh August 12, 2022

    <p> <strong>Will China-Pakistan ties get somewhat strained as Pakistan under the Shehbaz Sharif government is now actively making an all-out effort to boost relations with the US? China’s concerns are …

  • Economy

    Most Pakistanis prefer democracy over theocracy and military rule–Study

    by Mahua Venkatesh August 10, 2022
    by Mahua Venkatesh August 10, 2022

    <p> The Pakistani political class has much pondering to do. Most Pakistani citizens are unhappy with the current state of affairs and the current political system though they strongly favour …

  • Economy

    Pakistan remains cash starved as IMF and wealthy donor countries play chicken-and -egg

    by Mahua Venkatesh August 5, 2022
    by Mahua Venkatesh August 5, 2022

    <p> <strong>Pakistan is in a bind.</strong></p> <p> <strong>Cash starved Pakistan’s struggle to secure the much-needed bailout package from the International Monetary Fund (IMF) is set to continue for sometime as …

  • Economy

    Pakistan plunges into crisis as inflation soars to a record 24.9% in July

    by IN Bureau August 1, 2022
    by IN Bureau August 1, 2022

    <p> <strong>Pakistan’s consumer price index (CPI)-based inflation rate at a record 24.9 per cent for July will cause serious concerns for the Shehbaz Sharif government. The surge in headline inflation …

  • Economy

    Pakistani rupee crashes to new low of 237 per dollar

    by IN Bureau July 27, 2022
    by IN Bureau July 27, 2022

    <p> <strong>Even as the Pakistani rupee has been steadily losing value for the last few months, its fall of more than Rs 4 from yesterday’s close has caught the attention …

  • Economy

    Pakistan’s economy takes a beating amid rising political instability following Punjab by-poll results

    by Mahua Venkatesh July 21, 2022
    by Mahua Venkatesh July 21, 2022

    <p> <strong>The spectacular win for former prime minister Imran Khan’s Pakistan Tehreek-e-Insaaf in the Punjab assembly by-elections has only aggravated the political uncertainty in the South Asian country. The direct …

  • Economy

    Pakistan finance minister blames political turmoil for rapid depreciation in country’s currency

    by IN Bureau July 20, 2022
    by IN Bureau July 20, 2022

    <p> <strong>Pakistani Finance Minister Miftah Ismail said the ongoing domestic political turmoil has led to the depreciation of the country’s currency. The Pakistani rupee hit a new low of more …

  • Videos

    Pakistan Stares At Serious Economic Crisis Amid Fast-Depleting Forex Reserves

    by IN Bureau July 16, 2022
    by IN Bureau July 16, 2022

    <p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/c5wHNSY0NLI" title="YouTube video player" width="560"></iframe></p> <p> Pakistan has been facing a serious threat from its external front. Pak foreign …

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