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All Stories: Economic Crisis

Unending uncertainty in Pakistan

It is indeed unfortunate for Pakistan that it has remained in a state of limbo since its inception. Uncertainty surrounded its creation and this...

PSO dues soar to more than Rs740 billion

KARACHI: Pressing another challenge to the caretaker government of Pakistan, the outstanding dues of Pakistan State Oil (PSO) from various sectors have now surged...

A year of exports shrinkage

Pakistani exports have been seriously lagging behind imports since many years creating a serious imbalance in financial equation of the country. The pressure exerted...

Caretaker govt and economy

There was a tremendous rush for the position of the caretaker prime minister despite the horrendous economic situation Pakistan is in. This signifies an...

Caretaker setup and economy

The tenure of PMLN-led coalition government is over giving way to hustle-bustle of dealing with a caretaker administration, mandate of which is to ensure...

Uncontrollable Price Hike

The uncontrollable price hike in the country clearly indicates the desperate malfunctioning, even breakdown of market forces in Pakistan. The steep rise in cost of...

Economic crisis behind increased deaths during crimes: AIG Karachi

KARACHI: "The criminals, driven by desperate economic conditions, are resorting to taking the lives of citizens," ARY News reported on Friday, quoting an additional...

Electricity tariff hike amid unbearable loadshedding

Pakistanis are hit by a never-ending increase in the tariff of electricity that has made life unbearable for a large majority of population. On...

Economy in doldrums despite IMF deal

With the prospects of national elections getting stronger by the day, the economic prospects are getting dimmer. The uncertainties of a caretaker government are...

Hoping Against Hope

Pakistan, a country of 230 million people-endowed with rich natural resources, fertile lands, rivers, hardworking and resilient people, vast markets, strategic location, a long...

What next for Pakistan after IMF?

The flustered economic managers of the coalition government heaved a sigh of relief when the IMF finally agreed to extend financial assistance to cash-strapped...

Declining remittances

Overseas Pakistanis regularly send money back home and the amount so sent plays a crucial role in the economy of the country. The remittances...

Ambitious solar project to join string of coal plants in Pakistan’s Thar district

Millions of solar panels are set to be mounted upon swathes of soil in Block VI of Tharparkar district’s coalfields in Pakistan – news...

Rupee gains strength against US dollar in interbank following IMF deal

KARACHI: The Pakistani rupee gained Rs10.58 against the US dollar in the interbank market on Tuesday following the agreement with the International Monetary Fund...

Govt misses export target for FY2022-23

The federal government missed the export target for the fiscal year 2022-23 as the Pakistan Bureau of Statistics (PBS) released the statistics today, ARY...

On Pakistan’s unprecedented political crisis

The high inflation, the shrinking individual and national savings, the increasing unemployment and poverty, the gnawing hunger, the helplessness, the crumbling law and order,...

Where is Pakistan headed without IMF?

There is hardly any doubt that the budget 2023-24 was an exercise in desperation with the PDM coalition government completely unsure about the situation....

Pakistan’s Politico-Economic Crisis and A Common Man’s Worries

The situation in Pakistan is so dire that it not only requires total reappraisal but also immediate change of course. It certainly cannot be...

Was 2022-23 Pakistan’s Worst Financial Year?

The finance minister of the incumbent PDM coalition government presented an economic survey considered to be a pre-requisite to the yearly budget. As expected...

Status quo budget

Pakistan’s budget for 2023-24 is considered an exercise to mark time as the financial managers of the coalition government could practically do nothing but...
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