Pakistan Economy News
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'Surprised To See A Nation Begging For...': Indian Navy Chief On Pak Navy
Indian Navy Chief Admiral Dinesh Tripathi on Monday expressed concerns about Pakistan getting equipment and weapon support from China saying it is very surprising how an economy that is "faltering and begging" for international assistance.
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Tainted Pacer Makes Comeback As Pakistan Name Squad For New Zealand T20Is
The pacer has played in 50 T20Is in which he has taken 59 wickets at an economy rate of 7.02.
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Pakistan Faced Worst Economic Crises In 2023: Human Rights Body
Human Rights Watch (HRW) has said that Pakistan faced one of the worst economic crises in 2023, with poverty, inflation and unemployment soaring, jeopardising millions of people's rights to health, food, Dawn newspaper reported.
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12 Eggs Cost 400 Pak Rupee In Cash-Strapped Nation's Second-Largest City
The price of eggs in Pakistan has soared to 400 Pakistani Rupees (PKR) per dozen in Punjab's provincial capital of Lahore, ARY News reported, citing market sources on Sunday.
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World Bank Explains Why Pakistan's Economic Development Ineffective, Limited
In the wake of the economic crisis in Pakistan, World Bank Country Director for Pakistan, Najy Benhassine said that Pak's economic development is limited to the elite which resulted in the country lagging behind its fellow countries.
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"Only Desire To See Nation Prosper": Nawaz Sharif Vows To Work On Economy
Pakistan's three-time Prime Minister Nawaz Sharif kick-started his party's campaign for next year's election on Saturday after arriving home from four years of self-imposed exile in London, promising to tackle record inflation.
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IMF Proposes Cash-Strapped Pak To Adopt Austerity In New Projects: Report
The International Monetary Fund (IMF) has reportedly proposed tight austerity conditions in Pakistan's development budget and expressed concern over the allocation of funds for new projects in the current financial year, ARY News reported.
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Pakistan's 40% Population Lives Below Poverty Line, Says World Bank: Report
Pakistan's 40 per cent of the population lives below the poverty line, as per the World Bank, Dawn reported. Dawn is a Pakistani English-language newspaper.
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World Bank's Warning To Pakistan Ahead Of General Polls
Pakistan is on brink of crisis where it should decide to remain a laggard with 40% population living below poverty line under elite capture or change course to take off for a brighter future.
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Inflation Touches 29.8% In Pakistan Amid Rise In Food, Energy Prices
A series of sharp rises in energy and food prices in Pakistan, pushed its weekly inflation up by 1.30 per cent and annualised inflation up to 29.83 per cent, Pakistan's Geo News reported on Saturday citing The News.
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Amid China Loan Talks, Pak Army Chief's "Throw Out Beggar's Bowl" Remark
Pakistan's Army Chief Syed Asim Munir underlined the need to make the country self-reliant to end the dependency on foreign loans, which the cash-strapped nation recently secured with the International Monetary Fund (IMF), Geo News reported.
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Amid Inflation, People In Karachi Buying "Most Expensive" Flour: Report
As flour prices in Pakistan's Karachi scaled a new peak of Rs 3200 per 20 kilogram, people in the region are perhaps purchasing the 'most expensive' flour in the world, ARY news reported citing Pakistan Bureau of Statistics (PBS).
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Cash-Strapped Pakistan Lost Over $8 Billion In Remittances, Exports In FY23: Report
Due to a lack of attention to these two big inflows, Pakistan lost considerably more than it received from IMF borrowings and inflows from other sources.
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"Will Take Some Time To Set Economy On Right Path": Pak Finance Minister
Pakistan Finance Minister Ishaq Dar has said it will take some time to set the economy on the right path in the face of gigantic financial problems, Pakistan based The News International newspaper reported.
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Pakistan Supreme Court Judges Get Paid More Than President, PM: Report
The salaries of supreme court judges are more than those of the president, the prime minister, ministers, federal secretaries and parliamentarians, The News International reported citing the data submitted to the Public Accounts Committee.
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'Surprised To See A Nation Begging For...': Indian Navy Chief On Pak Navy
Indian Navy Chief Admiral Dinesh Tripathi on Monday expressed concerns about Pakistan getting equipment and weapon support from China saying it is very surprising how an economy that is "faltering and begging" for international assistance.
-
Tainted Pacer Makes Comeback As Pakistan Name Squad For New Zealand T20Is
The pacer has played in 50 T20Is in which he has taken 59 wickets at an economy rate of 7.02.
-
Pakistan Faced Worst Economic Crises In 2023: Human Rights Body
Human Rights Watch (HRW) has said that Pakistan faced one of the worst economic crises in 2023, with poverty, inflation and unemployment soaring, jeopardising millions of people's rights to health, food, Dawn newspaper reported.
-
12 Eggs Cost 400 Pak Rupee In Cash-Strapped Nation's Second-Largest City
The price of eggs in Pakistan has soared to 400 Pakistani Rupees (PKR) per dozen in Punjab's provincial capital of Lahore, ARY News reported, citing market sources on Sunday.
-
World Bank Explains Why Pakistan's Economic Development Ineffective, Limited
In the wake of the economic crisis in Pakistan, World Bank Country Director for Pakistan, Najy Benhassine said that Pak's economic development is limited to the elite which resulted in the country lagging behind its fellow countries.
-
"Only Desire To See Nation Prosper": Nawaz Sharif Vows To Work On Economy
Pakistan's three-time Prime Minister Nawaz Sharif kick-started his party's campaign for next year's election on Saturday after arriving home from four years of self-imposed exile in London, promising to tackle record inflation.
-
IMF Proposes Cash-Strapped Pak To Adopt Austerity In New Projects: Report
The International Monetary Fund (IMF) has reportedly proposed tight austerity conditions in Pakistan's development budget and expressed concern over the allocation of funds for new projects in the current financial year, ARY News reported.
-
Pakistan's 40% Population Lives Below Poverty Line, Says World Bank: Report
Pakistan's 40 per cent of the population lives below the poverty line, as per the World Bank, Dawn reported. Dawn is a Pakistani English-language newspaper.
-
World Bank's Warning To Pakistan Ahead Of General Polls
Pakistan is on brink of crisis where it should decide to remain a laggard with 40% population living below poverty line under elite capture or change course to take off for a brighter future.
-
Inflation Touches 29.8% In Pakistan Amid Rise In Food, Energy Prices
A series of sharp rises in energy and food prices in Pakistan, pushed its weekly inflation up by 1.30 per cent and annualised inflation up to 29.83 per cent, Pakistan's Geo News reported on Saturday citing The News.
-
Amid China Loan Talks, Pak Army Chief's "Throw Out Beggar's Bowl" Remark
Pakistan's Army Chief Syed Asim Munir underlined the need to make the country self-reliant to end the dependency on foreign loans, which the cash-strapped nation recently secured with the International Monetary Fund (IMF), Geo News reported.
-
Amid Inflation, People In Karachi Buying "Most Expensive" Flour: Report
As flour prices in Pakistan's Karachi scaled a new peak of Rs 3200 per 20 kilogram, people in the region are perhaps purchasing the 'most expensive' flour in the world, ARY news reported citing Pakistan Bureau of Statistics (PBS).
-
Cash-Strapped Pakistan Lost Over $8 Billion In Remittances, Exports In FY23: Report
Due to a lack of attention to these two big inflows, Pakistan lost considerably more than it received from IMF borrowings and inflows from other sources.
-
"Will Take Some Time To Set Economy On Right Path": Pak Finance Minister
Pakistan Finance Minister Ishaq Dar has said it will take some time to set the economy on the right path in the face of gigantic financial problems, Pakistan based The News International newspaper reported.
-
Pakistan Supreme Court Judges Get Paid More Than President, PM: Report
The salaries of supreme court judges are more than those of the president, the prime minister, ministers, federal secretaries and parliamentarians, The News International reported citing the data submitted to the Public Accounts Committee.
