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Tuesday, October 1, 2024
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Tag: Economic Crisis

PTI govt’s violation of IMF deal behind economic crisis: PM Shehbaz

KARACHI: Prime Minister Shehbaz Sharif blamed Pakistan Tehreek-e-Insaf (PTI) government for bringing an economic crisis to the country after the violations of the International...

Dissipating authority

The garrison state run in Pakistan has over the time devised methodologies aimed at dealing with frequent eruptions depicting signs of resistance against it. Autocratic...

Can Pakistan Survive without IMF

Pakistan’s economy is likely to contract this fiscal year and it is feared that the country may default without a further IMF bailout. Though...

IMF-Pakistan agreement: What is behind the delay?

Pakistan is facing growing economic difficulties with more pressures exerted on its economic management to find ways that may further put pressure on its...

IMF unwilling to budge

Despite fulfilling a plethora of conditionalities demanded by the IMF, there are no signs of a staff level agreement with Pakistan. However, surprisingly no...

Rs5,000 banknotes to be discontinued amid economic crisis?

Speculations are circulating about the government mulling over recommendations regarding the discontinuation of Rs5,000 banknotes amid the severe economic crisis and skyrocketing inflation. The speculations...

No Way Out Of Uncertainty

Matters in Pakistan are getting complicated by the day. No one can say with certainty what course will the future take in the country....

Rising poverty and inequality in Pakistan

BY NABEEL ZAFAR: It is often reported that the number of people pushed down the poverty line in Pakistan is increasing by the day....

Economic difficulties mounting

The economic cycle of Pakistan is slowly grinding to a halt. The situation is so dire that people have now stopped talking about signing...

Good and Bad News About Economy

Though the economic situation is going from bad to worse yet something encouraging has also come to fore that may augur well for its...

All Is In Turmoil, Mr. Prime Minister

Beloved Pakistan is stuck in a political, economic and constitutional quagmire. No institution–the executive, the parliament, the judiciary, the Election Commission of Pakistan and...

Escalating Food Price Inflation

Intriguingly, the tendency of increase in global food prices is gradually coming down and this process is now one-year old with price levels coming...

IMF’s View Of The Global Economy

The prevailing condition of the global economy is not at all rosy with the after-effects of Covid pandemic still lingering on. The global supply...

Pakistan’s Economic Crisis About To End?

Though the incumbent finance minister has claimed that by receiving commitment from the UAE for extending a loan of $1 billion Pakistan has come...

Loss of business confidence

The socio-political and economic situation of Pakistan is dire and it is not surprising that every aspect of its fabric is bearing the brunt...

Pakistan’s Unsustainable Public Debt

One crucial aspect of the economic crisis faced by Pakistan is the escalating level of Pakistan’s public debt that is now considered unsustainable keeping...

The new economic realities of Pakistan

The chances of an economic sustenance were further deepened when it was reported that the trade account of Pakistan recorded a deficit of $23...

“He was a beautiful kid. I’ll never get over his death”

Seven-year-old Saad Umer joined a crowd in a poor neighbourhood in Karachi rushing to get a handout of flour and a little cash from...

Pakistan’s Worsening Economic and Political Crisis

Once again, in its short history, Pakistan is today confronted with multiple crises that can jeopardize its existence as an independent and sovereign country....

Ishaq Dar says ‘Pakistan will not default; overcome economic crisis’

ISLAMABAD: Finance Minister Ishaq Dar has said that the federal government will overcome the economic crisis and Pakistan will see prosperity and development soon,...
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