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ISLAMABAD, April 12 (Reuters) - Pakistan's new government is facing the daunting task of managing a stuttering economy with huge deficits, an aide to new Prime Minister Shehbaz Sharif said on Tuesday.
The economic downturn has caught Pakistan-as it has many other countries-but it’s caught Pakistan at an even worse moment because Pakistan is facing all these other challenges. I would say to ...
Pakistan secured a record $26.7 billion in foreign loans in FY2024, with half used to refinance old debt, reflecting its ...
Governor Jameel Ahmad on Monday said that the economy endured challenges in the past few years but now we are out of the ...
The Asian Development Bank (ADB) has released its Outlook 2025 report, indicating that Pakistan's economy showed a slight ...
Islamabad, Pakistan – Pakistan entered a new year in a state of relative calm after tumultuous 30 months, marked by volatile politics, a controversial election, and an economy teetering on the ...
Moreover, the broader economic scenario from July 2022 through June 2023 indicates an overall industrial decline of 10.26 percent, pointing towards the intensity of the challenges faced by the ...
The recent history of economic challenges includes Pakistan entering a $6bn, 39-month-long IMF bailout programme in 2019. In early 2022, ...
Pakistan’s economic and political challenges Equally worrisome is that most of our political leadership is mired in a paralysing fight amongst each other Talat Masood May 01, 2024 ...
"Pakistan economy is passing through a tough phase and it will overcome the existing challenges soon. We are confident to fulfil all our commitments on external liabilities and default is not an ...
An economic crisis in Pakistan has sent the price of goods soaring, muting celebrations for Ramadan. As Ramadan began last month, inflation was at 35.4 percent — the highest in nearly five decades.