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HomeTagsEconomic Crisis

All Stories: Economic Crisis

From Dependency to Independence: Strategies for Pakistan’s Economic Growth

The economy of Pakistan has serious difficulties resulting from its degree of dependence on import goods, particularly the basic needs such as food, fuel,...

Population Control: A Path to Economic Prosperity in Pakistan

Pakistan, like many developing nations, faces a myriad of economic challenges, including poverty, unemployment, and infrastructure deficits. One often overlooked factor contributing to these...

Mired in multiple crises

We have celebrated the 77th anniversary of our independence of Pakistan on 14 August. As usual, there were rallies, official functions, speeches gloating over the small successes while shying...

Caught in a cobweb of challenges

We are entangled in a cobweb of multiple challenges that are hampering us to break out of our current serious situation and move forward....

How Hyperinflation is Crippling Pakistan’s Middle Class

Pakistan is grappling with an unprecedented economic crisis, and the salaried class is bearing the brunt of it. Hyperinflation, characterized by an exponential surge...

United States to support Pakistan’s economic reforms

WASHINGTON: The United States vows to support Pakistan for economic reforms. On Tuesday, State Department spokesperson Matthew Miller told a press briefing that Pakistan...

Pakistan repays $1 bln in Eurobonds

Pakistan has repaid $1 billion in Eurobonds as a scheduled payment ahead of seeking a long-term bailout from the International Monetary Fund (IMF). The bond,...

Global banks face negative outlook

LONDON: Sluggish global growth, a higher risk of borrowers defaulting on loans and pressure on profitability mean that banks face a negative outlook in...

Rajapaksa brothers contributed to economic crisis: Sri Lanka court

Sri Lanka's top court ruled on Tuesday that former President Gotabaya Rajapaksa and his brother, former Prime Minister Mahinda, were among several government officials...

PDM govt spent Rs10 billion on advertisement despite economic crisis

ISLAMABAD: Despite the economic crisis, the Pakistan Democratic Movement (PDM) government spent Rs10 billion on advertisements on TV channels, newspapers and digital media, ARY...

Shamshad says govt determined to take country out of economic crisis

KARACHI: Caretaker Minister for Finance, Revenue and Economic Affairs Shamshad Akhtar said that the caretaker government was determined to take the country out of...

Unknown destination

Pakistan is facing the consequences of clash of wills of individuals who apparently have failed to learn from the gross mistakes of the past...

Dangers of internal instability

There is hardly any doubt that internal stability is the most crucial factor every state aims to ensure for not only its survival but...

Pakistani economy is tanking while global economy is picking up

It is indeed ironic to observe that while the global economic situation is recovering from the setbacks of Covid pandemic and Ukraine war yet...

Uncontrolled Price Mechanism

Though people keep repeating ad nauseum that Pakistan is in the vice-like grip of cartels controlled by the elites of the country, but the...

Power Of Retailers Amid Sky-High Inflation

The Increasing power of retailers and conventional wisdom is that Pakistani polity suffers from the excessive greed of the elites that pay no heed...

Finance Minister lauds World Bank’s efforts for Pakistan’s economic stability

ISLAMABAD: Caretaker Finance Minister Dr. Shamshad Akhtar has reiterated that Pakistan values its development partnership with World Bank, ARY News reported. Talking to Country Director...

PDM govt spent billions on media ads amid economic crisis

ISLAMABAD: The Pakistan Democratic Movement (PDM) government has spent billions on media advertisements in the midst of an economic crisis, ARY News reported. As per...

When will Pakistan finally come out of crisis?

It is always a crisis situation in Pakistan and there is hardly anything that could be done to reverse this unfortunate spiral. Currently, though...

Auto financing shrinks

The slackness of the national economy has started to hit almost all economic aspects of the country. The economic decline has accordingly depressed the...
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