Pakistan’s economic crisis

About 40 per cent of Pakistan’s population now live below the poverty line, a recent World Bank report has revealed, barely a few days after the International Labour Organisation (ILO) …

Pakistan’s businesses, especially the small and medium enterprises, have been hit hard once again as the Shehbaz Sharif government raised power tariff even as headline inflation continues to remain at …

The economic and political uncertainty in Pakistan has affected its youth the most. Though about 60 per cent of the country’s population is aged between 15 and 30, there is …

As Pakistan battles multiple crises –economic, political and security—all in one go, citizens are getting desperate to leave the country. In 2022, more than 800,000 citizens left the country. Data …

Jeddah: The economic crisis in Pakistan is adversely impacting prospective Haj pilgrims. Fewer Pakistanis are heading for the annual pilgrimage this year because of the acute shortage of forex in …

The European Union’s decision last month to remove Islamabad from the list of ‘High-Risk Third Countries’ for anti-money laundering and terrorist financing purposes has brought little joy to Pakistan’s exporters. …

Pakistan’s once robust textile industry, considered the backbone of the economy, is under severe stress as several firms are inching towards default. Many of them have already shut down. The …

As negotiations between the International Monetary Fund and Pakistan for the resumption of the $6.5 billion financial assistance package is yet to yield any result, Islamabad is hoping China will …

For Pakistan Prime Minister Shehbaz Sharif, troubles do not seem to be ending. As his government is trying to do all it can to save Pakistan from a default, differences …

Pakistan’s power outage on Monday has thrown life out of gear, adding to the South Asian nation’s woes which is already facing a deep economic crisis. The massive breakdown affected …

Pakistan Foreign Minister Bilawal Bhutto Zardari and Minister of State for Foreign Affairs Hina Rabbani Khar along with other senior officials have arrived in Davos to attend the World Economic …