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Pakistan financial crisis News

Pakistan financial crisis

18 Feb 2023

Pakistan Defence Minister Acknowledges Country Has Already Gone Bankrupt

Pakistan`s Defence Minister Khawaja Asif acknowledged that the country has already gone bankrupt, and that the solution to the country`s problems lies within the country, and not with the International Monetary Fund (IMF).

pakistan economic crisis

16 Feb 2023

Pakistan Mini Budget: Petrol will set triple century in Pakistan!

Pakistan is witnessing the worst phase of economic crisis. After flour, rice and pulses, petrol has also become costlier in Pakistan. Shahbaz Sharif has increased the price of petrol by Rs 22 while presenting the mini budget.

pakistan economic crisis

12 Feb 2023

PAK Army's affair... Pakistan Ghanchakkar

The situation in Pakistan is very bad and it is on the path to poverty. Shahbaz's government has now dropped an atomic bomb of inflation on poor Pakistan. After eating and drinking, the price of medicine named Paracetamol has increased. There are reports in the Pakistani media that Pakistan's army is behind the country not getting the loan. Watch this special report in video

pakistan economic crisis

10 Jan 2023

Pakistan crisis: A bag of 20-kg flour is being sold for Rs 3100 in Balochistan

Wheat shortage has caused panic in many areas of Khyber Pakhtunkhwa, Sindh and Balochistan provinces. Pakistan is facing its worst crisis regarding the Flour Crisis. Pakistan’s economy is in dire straits with very high inflation, dangerously low foreign exchange reserves.

pakistan economic crisis

18 May 2022

Pakistan bans import of luxury, non-essential items to mitigate crisis: Report

The prime minister has banned the import of luxury vehicles and other non-essential items. Import of cosmetics items has been banned. The US dollar has witnessed a record surge during the past few weeks.

12 May 2022

In numbers: How financial crisis has forced Pakistan to knock on India’s door

Pakistan has given the go-ahead for appointment of a trade minister in its New Delhi high commission. He will work to restore trade between the neighbouring countries. Pakistan’s foreign exchange reserves have dropped to a 28-month low.

18 Apr 2018

Military and debt are over half of Pakistan budget, only 15.2% for development

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

21 Mar 2018

CPEC now threatens to destroy our industry, say Pakistani officials

Pakistan slashed import tariffs on 6000 items. Now, there is no need for China to manufacture them in Pakistan, posing a threat to the SEZs set up along CPEC.

06 Dec 2017

CPEC turns into challenge for China; entire One Belt One Road project could be at stake

Criticism is rising in Pakistan against secrecy surrounding the terms of CPEC agreements. China faces perception battle as CPEC is crucial for its Belt and Road Initiative CPEC is only operational arm of BRI, and any troubles here are likely to impact other projects

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