Pakistan Economy
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All Stories for Pakistan Economy
Pakistan faced worst economic crises in 2023: Human Rights Watch
Fp Staff •Pakistan remained exceedingly vulnerable to climate change and faced rates of warming considerably above the global average, making extreme climate events more frequent and intense, according to the report.
Iran-Pakistan Conflict: Escalating tensions with Tehran fuel economic challenges further
Fp Staff •Pakistan's economic ties with Iran, while not huge, are important for Islamabad as it struggles to supply its westernmost regions in Balochistan with critical commodities, including fuel and electricity.
Pakistan receives $700 million second tranche from IMF bailout
Fp Staff •The handing over of around $700 million brings the total disbursements under the SBA with the IMF to $1.9 billion, while another $1.1 billion will be provided in April as the two sides are set to complete the nine-month program.
Vantage | What eggs @ Rs 400 say about Pakistan's economy
The Vantage Take •Pakistan's economic challenges are multifaceted, encompassing rising inflation, depleted foreign reserves and substantial debt accumulation
Pakistan's economic model is not working and benefits elite only, says World Bank.
Fp Staff •Cash-strapped Pakistan’s economy has been in a free fall mode for the last many years, bringing untold pressure on the poor masses in the form of unchecked inflation, making it almost impossible for a vast number of people to make ends meet.
Cash-strapped Pakistan will need more IMF loans, says finance minister
Fp Staff •Cash-strapped Pakistan’s economy has been in a free fall mode for the last many years, bringing untold pressure on the poor masses in the form of unchecked inflation, making it almost impossible for a vast number of people to make ends meet.
Can bankrupt Pakistan afford to give its government employees a 45% salary hike?
Fp Explainers •One can call it a case of misplaced priorities. At a time when the common man in Pakistan struggles to buy daily bread, the caretaker government has increased the salaries and perks of government employees by 45 per cent
IMF team to visit Pakistan next week to hold review talks
•The first review talks will be held November 2 onwards for the second loan tranche of USD 710 million and a staff-level agreement would pave the way for its approval by the International Monetary Fund (IMF) board in December
IMF projects faster economic growth for Pakistan; sets growth rate at 2.5 per cent for 2023
•The International Monetary Fund's (IMF) World Economic Outlook for October, released on Tuesday, forecasts a growth of 2.5 per cent for the country's economy in the current year, doubling to 5 per cent in the next fiscal year
Pakistan: World Bank advises ‘National Council of Ministers’ to improve functioning of federal, provincial institutions
Fp Staff •The World Bank has urged the government to take immediate measures to improve coordination between different layers of government and provincial authorities Tt address the immediate challenges,