Honda Atlas Cars Pakistan Ltd has announced the longest ever plant shutdown in the current economic…
Tag: Pakistan’s economy
IMF eases rules for members to deal with crisis, but still no help to Pakistan
While the International Monetary Fund (IMF) will temporarily raise funding limits for member nations to help…
‘Ensure balance of payments is fully financed’: IMF to Pakistan
The International Monetary Fund asked Pakistan to give an assurance that its balance of payments deficit…
From Pakistan to Sri Lanka: Why are the world’s riskiest markets in trouble?
In some of the world’s most vulnerable developing countries, the situation on the ground is dire.…
Will crisis-hit Pakistan be able to stave off the looming recession?
Pakistan’s current economic situation has raised questions about whether the cash-strapped country can handle large-scale protests,…
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…
China Iran gives lifeline to Pakistan amid IMF loan delay; India is unlikely to help
Pakistan is on the verge of bankruptcy. With foreign exchange reserves at a 10-year low, high…
Shahbaz Sharif gives tips for spending less to finish Pakistan financially
The Pakistani Prime Minister announced the selection of 15 percent of the current expenditure of each…
Pakistan hikes petrol price to please IMF to unlock crucial loan tranche
Pakistani and IMF officials are now holding talks in a virtual setting to finalize a deal.…
Fitch downgrades Pakistan’s rating, warns of ‘real possibility’ of default
Pakistan is grappling with instability stemming from the economic crisis Islamabad: New York-based global ratings agency…