Pakistan’s current economic situation has raised questions about whether the cash-strapped country can handle large-scale protests,…
Tag: pakistan economic crisis
Pakistan government hikes policy interest rate by 200 bps for IMF bailout
Pakistan’s government has agreed to raise the policy interest rate by 2% or 200 basis points…
Pakistan Economic Crisis: Islamabad has gone to IMF for bailout 23 times in 75 years
New Delhi: Pakistan repeatedly goes to the International Monetary Fund (IMF). A whopping number of 23…
Pakistan’s hospitals run out of insulin, disprin and other medicines
Islamabad: The ongoing economic crisis in Pakistan has severely affected the healthcare system where patients are…
Pakistan’s weekly inflation rate crosses 40 percent for the first time in 5 months
The prices of onion and chicken have increased. (Representative) Islamabad: Consumer prices rose significantly last week…
Pakistan stalls approval of bills, salaries amid economic crisis: Report
Islamabad: The cash-strapped Pakistan government has directed the Accountant General to stop clearing bills, including salaries,…
Pakistan economic crisis: PM Sharif asks ministers to fly economy class, luxury cars and sacrifice salary
Islamabad: Pakistan’s Prime Minister Shehbaz Sharif has asked his ministers and advisers to travel in economy…
‘Deeply concerned’: After China, US gives $700 million loan to Pakistan
Washington: A senior State Department official has said that the US is deeply concerned that China’s…
China gives $700 million loan to cash-strapped Pakistan amid delay in IMF loan
islamabadPakistan’s Finance Minister Ishaq Dar said on Friday that the State Bank of Pakistan (SBP) has…
Pakistan facing economic crisis got $700 million from China
They will get a further boost after the IMF released $1.1 billion after the completion of…