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Shehbaz Sharif

  • 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

    Will Sharif govt be able to carry out economic reforms after by-poll setback?

    by Mahua Venkatesh July 24, 2022
    by Mahua Venkatesh July 24, 2022

    <p> <strong>Pakistan’s political uncertainty could lead to delay in the release of the International Monetary Fund’s bailout package, which Islamabad urgently needs. This, analysts said, the political turmoil will further …

  • 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 …

  • World

    Despite IMF loan approval, Pakistani rupee falls further as political uncertainties mount

    by Mahua Venkatesh July 19, 2022
    by Mahua Venkatesh July 19, 2022

    <p> Not with standing the financial assistance from the International Monetary Fund (IMF), the Pakistan rupee is under pressure due to uncertainties arising out of geopolitical as well as domestic …

  • Economy

    IMF delays loan deal to Pakistan, embarrassing Sharif govt

    by Mahua Venkatesh July 12, 2022
    by Mahua Venkatesh July 12, 2022

    <p> <strong>The delay in International Monetary Fund’s (IMF) concretisation of the bailout package for Pakistan has caused much embarrassment for the Shehbaz Sharif government especially as it has been steadily …

  • Economy

    Pakistan’s forex reserves fall below the critical $10 billion mark as economy goes into free fall

    by IN Bureau July 10, 2022
    by IN Bureau July 10, 2022

    <p> <strong>Economic crisis in Pakistan is deepening. After its foreign exchange reserves got a boost with an amount of $2.3 billion from a consortium of Chinese banks flowing in, its …

  • Economy

    People in Pakistan forced to live without electricity for more than 10 hours as power crisis intensifies

    by IN Bureau July 5, 2022
    by IN Bureau July 5, 2022

    <p> <strong>Driven by the global energy crisis in the wake of the Russia-Ukraine war, power outages are intensifying in cash starved Pakistan with many urban places having to live without …

  • Economy

    Pakistani rupee is the worst performing currency in Asia as value tumbles to 212 per US dollar

    by IN Bureau June 22, 2022
    by IN Bureau June 22, 2022

    <p> <strong>The Pakistani rupee, which depreciated by more than 16 per cent this year, has been the worst performing currency in Asia amid deepening economic crisis and dwindling foreign exchange …

  • World

    PM Shehbaz Sharif making desperate bid to get Pakistan out of FATF’s Grey List

    by Mrityunjoy Kumar Jha June 13, 2022
    by Mrityunjoy Kumar Jha June 13, 2022

    <p> The new government in Islamabad headed by Prime Minister Shehbaz Sharif is desperately trying to get Pakistan out of the “Grey” list of the Financial Action Task Force (FATF) …

  • Economy

    Pakistan’s new headache –slowing remittance flow

    by Mahua Venkatesh June 13, 2022
    by Mahua Venkatesh June 13, 2022

    <p> <strong>Amid yawning current account deficit (CAD) – the difference between inflow and outflow of foreign currency, Pakistan received lower remittances in May. This will lead to fresh concerns for …

  • Uncategorized

    Pak PM Shehbaz Sharif surrenders meekly to ISI, which becomes even more powerful

    by IN Bureau June 4, 2022
    by IN Bureau June 4, 2022

    <p> The newly appointed Shehbaz Sharif government has meekly surrendered to the Inter-Services Intelligence (ISI), the notorious Pakistan spy agency which has become even more powerful.</p> <p> Under a new …

  • Uncategorized

    Imran Khan Niazi brings breakup of Pakistan on the agenda triggering a war of words among the elite, unsettling economy

    by Mrityunjoy Kumar Jha June 2, 2022
    by Mrityunjoy Kumar Jha June 2, 2022

    <p> Ousted Prime Minister Imran Khan has raised the unthinkable—the breakup of Pakistan into three, mirroring a deepening divide in the elite that rules the country.</p> <p> Within hours after …

  • Uncategorized

    With holes in his armour, Imran Khan should be ready for a big embarrassment after his call for another Long March in Pakistan

    by Mrityunjoy Kumar Jha June 1, 2022
    by Mrityunjoy Kumar Jha June 1, 2022

    <p> It has been six days since the ousted Pakistani Prime Minister Imran Khan had given an ultimatum to his successor, Prime Minister Shehbaz Sharif. Khan had declared that he …

  • Economy

    Pakistan’s rupee crashes to an all time low of over 200 to a US dollar amid deepening economic crisis

    by IN Bureau May 19, 2022
    by IN Bureau May 19, 2022

    <p> <strong>Amid deepening economic crisis and delay in rollout of bailout packages, Pakistan’s rupee on Thursday crashed to an all-time low of over 200 to a US dollar.</strong></p> <p> Pakistan …

  • Economy

    Pakistan on the brink: Any delay in bailout package could lead to solvency issues

    by Mahua Venkatesh May 11, 2022
    by Mahua Venkatesh May 11, 2022

    <p> <strong>Will Pakistan, engaged in negotiations with the International Monetary Fund (IMF) for a bailout package be able to implement the stringent conditions set by the multilateral lender? The IMF …

  • Uncategorized

    Nawaz Sharif takes “charge”, summons his brother to London for emergency meeting

    by Mrityunjoy Kumar Jha May 11, 2022
    by Mrityunjoy Kumar Jha May 11, 2022

    <p> Few big decisions are on cards as the former Pakistani Prime Minister Nawaz Sharif and supremo of PML-N meets the new Pakistani Prime Minister and his younger brother Shehbaz …

  • World

    Sharif government wants Dubai to extradite Imran Khan’s wife’s friend Farah

    by Mrityunjoy Kumar Jha May 7, 2022
    by Mrityunjoy Kumar Jha May 7, 2022

    <p> The mysterious Pakistani woman Farah Khan alias Farah Gogi is again in the headlines as the Shehbaz Sharif led Pakistani government has decided to bring her back from Dubai  …

  • Economy

    Is Pakistan getting rid of its China addiction by going ahead with IMF reforms?

    by Mahua Venkatesh April 25, 2022
    by Mahua Venkatesh April 25, 2022

    <p> <strong>Pakistan’s newly appointed Finance Minister Miftah Ismail is likely to roll back tax exemptions and raise fuel prices with an eye on fixing the fast deteriorating economic situation. On …

  • World

    Shehbaz Sharif visits Balochistan, to take up issue of missing persons with ‘powerful quarters’

    by Rahul Kumar April 24, 2022
    by Rahul Kumar April 24, 2022

    <p> In outreach to the alienated Baloch community, Pakistan's new Prime Minister Shehbaz Sharif promised to discuss the vexed issue of Baloch missing persons with "powerful quarters". Sharif's statement to …

  • Economy

    Pakistan pivots after Imran Khan’s exit– Finance Minister Ismail’s first port of call is Washington and not Beijing

    by Mahua Venkatesh April 22, 2022
    by Mahua Venkatesh April 22, 2022

    <p> <strong>Amid rapidly deteriorating economic situation, Pakistan’s finance minister Miftah Ismail, who took over only this week, has already reached Washington with the aim to resume negotiations at the earliest …

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