close

News WrapGet Handpicked Stories from our editors directly to your mailbox

  • 0/542 TARGET 272
  • BJP+

    0BJP+

  • CONG+

    0CONG+

  • OTH

    0OTH

Pakistan economy

Exercise equipment and furniture arrive in Pakistan before Saudi crown prince's first-ever visit

Members of the Saudi royal family are known for 'excess baggage' when travelling abroad.

Feb 12, 2019, 16:26 PM IST

Man climbs mobile tower in Pakistan demanding PM post, claims will improve economy

The man, who was not identified, hailed from Sargodha city. 

Dec 22, 2018, 19:14 PM IST

Fitch downgrades Pakistan rating from B to B-negative amid stable outlook

Inflation in the country has risen due to a significant rupee depreciation and higher energy prices, Fitch noted.

Dec 15, 2018, 11:01 AM IST

Pakistan wants bailout packages but finance minister says no economic crisis

Asad Umar has said statements on the economy being in trouble are just rumours.

Dec 05, 2018, 08:41 AM IST

Pakistan living beyond its means for several years, says report

Pakistan looks forward to about USD 6 billion financial bailout from IMF.

Nov 20, 2018, 17:25 PM IST

Hit wicket? Imran Khan cites Hitler to explain why U-turns are vital in politics

"A leader who does not take U-turns is not a true leader."

Nov 17, 2018, 08:13 AM IST

Pakistan braces for painful economic decisions, lower-middle-class could take maximum hit

Pakistan has asked for an $ 8 billion bailout package from IMF but the US is likely to add a roadblock.

Oct 15, 2018, 20:39 PM IST

We have no money to run Pakistan, God has created a crisis to change us: Imran Khan

Maybe God has created the crisis because he wants us to change, says Pakistan Prime Minister Imran Khan on "debt trap".

Sep 15, 2018, 07:26 AM IST

Pakistan's finance minister reveals country needs billions of dollars to stay afloat

Newly-appointed Asad Umar has told Pakistan Senate that all options are under consideration but there is no doubting the money required to be borrowed.

Aug 31, 2018, 17:09 PM IST

Pakistan needs $12 billion just to stay afloat, admits incoming finance minister

Asad Umar has denied his country has a Chinese debt problem but admits a bailout package is the urgent need of the hour.

Aug 05, 2018, 08:50 AM IST

Imran Khan's biggest problem? Billions of dollars needed to pay debt worth billions

The work ahead for Pakistan's charismatic PM-elect is winding and one that could throw an endless stream of economic bouncers on a thorny political pitch.

Aug 03, 2018, 14:33 PM IST

Pakistan Army chief Qamar Javed Bajwa wants talks & peace, but India is not open to it: UK think tank

The commentary noted that Pakistan's prosperity is dependent on peace with India.

May 05, 2018, 12:47 PM IST

Military and debt servicing swallow more than half of Pakistan budget, only 15.2 percent for development

In 2018-19, Pakistan will borrow more than it will repay.

Apr 19, 2018, 00:21 AM IST

Pakistan economy set to surpass last year's decade-high growth

The SBP while announcing the reports on the second quarter economic growth also cautioned that the growth would remain short of the 6 per cent target due likely to lower wheat output and late sugarcane crushing.

Apr 07, 2018, 14:16 PM IST

Rift with US could push Pakistan deeper into China's grip: Report

Being put on the terrorism financing watchlist would lead to a drying up of foreign financing, which could push Islamabad further into China's embrace, which is already raising suspicions in Pakistan.

Mar 28, 2018, 18:29 PM IST

IMF sounds alarm bells as Pakistan's economy slides to danger levels

IMF has stressed the need for Pakistan to bolster its revenue-earning policies to reduce possibly widening fiscal deficit.

Mar 08, 2018, 16:10 PM IST

Pakistan spent $118 billion on 'war on terror': SBP

Pakistan has spent a hefty USD 118 billion since 2002 to combat terrorism which has significantly hampered growth and it is facing "serious challenges" to its economy, according to a new central bank report.

Nov 18, 2016, 19:22 PM IST

New poverty line makes a third of Pakistanis poor

 At least 60 million Pakistanis are living below the poverty line, posing a challenge for the government.

Apr 08, 2016, 13:21 PM IST

Pakistan economy to increase to 4.5% this year: IMF

The IMF Friday forecast Pakistan's country's economy to increase to 4.5 percent this fiscal, citing macroeconomic stability, low global oil prices, planned improvements in the domestic energy supply and investment related to the China-Pak Economic Corridor.

Aug 07, 2015, 22:30 PM IST

Pak suffers USD 107 bn economic losses due to terrorism

 Pakistan has suffered at least USD 107 billion losses due to terrorism plaguing the country for well over a decade, according to official data.

Jun 05, 2015, 11:07 AM IST