pakistan economic crisis

Cash-strapped Pakistan receives international aid of over USD 8 billion for flood disaster relief

According to the Geo-politik, Pakistan, which has severely mismanaged its economy, has now used the pretext of flood devastation and consequent humanitarian crisis to get international assistance.

Jan 14, 2023, 10:59 AM IST

DNA: Pakistan doesn't even have flour left to get wet!

#beggars for Pakistan is trending on social media. This hashtag is trending for Pakistan standing on the verge of ruin and ruin. After the outbreak of flood, Pakistani people are now struggling with inflation. Bullets are going on in Pakistan regarding food grains.

Jan 10, 2023, 23:14 PM IST

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

Crisis in Pakistan Economy Getting Worse LIVE Updates: Pakistan is reeling under a massive economic crisis, which has forced the government to shut down shops and wedding halls to save fuel and electricity. The crisis appears to be deepening as citizens were seen fighting for flour in Lahore.

Jan 10, 2023, 14:35 PM IST

Why are people protesting against the Shehbaz government in Gilgit-Baltistan?

In Gilgit Baltistan, people are protesting against the Shahbaz government. In fact, people in Pakistan are troubled by inflation and people have taken to the streets due to the huge shortage of flour.

Jan 10, 2023, 10:58 AM IST

Pakistan to shut malls, markets, wedding halls early to save energy amid economic crisis

Amid an economic crisis, Pakistan has ordered shopping malls and markets to close by 8:30 pm, while wedding halls and restaurants have been asked to shut at 10 pm. 

Jan 05, 2023, 07:37 AM IST

Pakistan approves Rs 1.33 billion for luxury vehicles as 'VIP protocol' amid flood, economic crisis

Pakistan economic crisis: The notable factor in this purchase is that it didn’t have to go through the austerity committee as per reports.

Sep 28, 2022, 06:49 AM IST

Even friendly countries now look at Pakistan as country with ‘begging bowl’: PM Shehbaz Sharif

Sharif said even smaller economies had surpassed Pakistan, "and we have been wandering for the past 75 years carrying a begging bowl".

Sep 16, 2022, 06:20 AM IST

Pakistan's economy continues to sink despite international support

In the wake of the increased economic losses and reduced GDP growth, the per capita income is projected to slow down. The government had envisaged a GDP growth rate of 5 per cent for the current fiscal year.

Sep 14, 2022, 06:31 AM IST

Power crisis in Pakistan after deadly floods

After the floods in Pakistan, now people are forced to live here in the dark. Along with hunger, there has been a power failure in many places here.

Sep 13, 2022, 14:38 PM IST

'Never seen climate carnage on such scale': UN chief after visit to flood-hit Pakistan

"I have seen many humanitarian disasters in the world, but I have never seen climate carnage on the scale of the floods here in Pakistan," United Nations Secretary-General Antonio Guterres said. 

Sep 11, 2022, 08:44 AM IST

Pakistan needs ‘massive financial support’ for rehabilitation and recovery from floods: UN General Secretary

The remarks of the UN Secretary-General came after he attended a briefing at the National Flood Response Coordination Centre (NFRCC) alongside Prime Minister Shehbaz Sharif, the Dawn reported. 

Sep 10, 2022, 07:39 AM IST

Pakistan: Economic loss due to floods rises to around USD 18 billion

In the wake of the increased economic losses and reduced GDP growth, the per capita income is projected to slow down. 

Sep 10, 2022, 06:51 AM IST

Pakistan economic crisis: Govt assures citizens of stable economy despite warning signs

Pakistan's economic managers assured citizens that the country was not heading towards a crisis even as the rupee fell by 0.83 percent.

Jul 23, 2022, 06:35 AM IST

BIG trouble for Pakistan: Students may not get THIS amid HUGE paper crisis

Amid the Pakistan's financial crisis, the Publishers and Booksellers Association of the country has warned that paper shortage will result in inability to provide textbooks to millions of students this year as reported by IANS.

Jun 26, 2022, 12:45 PM IST

Pakistan raises tax rates for salaried class on IMF demands

IMF has withdrawn relief provided to the salaried class on June 10.

Jun 25, 2022, 13:39 PM IST

Pakistan Stock Exchange sinks by more than 2,000 points after PM Sharif announces ‘super tax'

Pakistan Stock Exchange plunged by more than 2,000 points or nearly 5% in just 22 minutes of manic trade at noon.

Jun 24, 2022, 19:55 PM IST

Pakistan in BIG trouble, skyrocketing prices of THIS crosses 'Double Century' mark

Pakistan's Finance Minister announced the price hike, saying the former government had unnecessarily taken the burden of subsidies on the government's shoulders and reduced the price of fuel. But the current government can't bear that burden anymore.

Jun 18, 2022, 08:49 AM IST

DNA: China Debt Trap - After Sri Lanka, now Pakistan's turn?

Rising inflation and economic crisis have increased the difficulties for the Pakistan Government. The situation has become so bad that now they do not even have money to drink tea. Know what the Pakistan Government is doing to deal with this crisis.

Jun 16, 2022, 01:16 AM IST

Cash-strapped Pakistan urges people to reduce tea consumption to save precious forex

"I appeal to the nation to cut down the consumption of tea by 1-2 cups because we import tea on loan," Federal Minister for Planning was quoted as saying by news agency PTI.

Jun 15, 2022, 23:44 PM IST

Pakistan gives shock to China, imposes 10% duty on Chinese petroleum imports: Report

Pakistan has reportedly imposed a 10 per cent regulatory duty on the import of petroleum products from China. 

Jun 05, 2022, 10:34 AM IST