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Pakistani PM and cabinet ministers voluntarily forgo salaries amid economic crisis

Critics argue that such gestures are merely cosmetic and do little to alleviate the economic hardships faced by the population.

20 March 2024 5:02 PM GMT

World Bank warns Pakistan as nearly 100 million people fall into...

23 Sep 2023 11:24 AM GMT

Petrol and Diesel

Pakistan economic crisis: petrol and diesel prices soar past Rs 300 mark

The country's currency is trading at a historic low of 305.6 per US dollar.

2023-09-01T12:58:43+05:30

IMF offers Pakistan a breathing space, but political instability may spoil possibilities: report

IMF offers Pakistan a breathing space, but political instability may spoil possibilities: report

In last August, a bailout programme of $1.1 billion by IMF was halted after Pakistan failed to meet some conditions

2023-07-02T15:37:37+05:30

IMF and Pakistan reach $3 billion stand-by deal to support economic stability

IMF and Pakistan reach $3 billion stand-by deal to support economic stability

The deal, however, still requires approval from the IMF's executive board.

2023-06-30T13:02:11+05:30

IMF rejects Pakistans claim of meeting loan conditions, says “will continue to work with the government”

IMF rejects Pakistan's claim of meeting loan conditions, says “will continue to work with the government”

The ninth review for the $1.2 billion loan has been delayed for seven months.

2023-05-06T16:55:46+05:30

Pak defence minister

Pakistan is bankrupt, IMF is not the solution: defence minister

"Standing on one’s own feet was essential to become a stable country."

2023-02-19T17:43:16+05:30

Pakistan economic crisis

IMF and Pakistan to resume talks next week for crucial $1.1 billion deal

As per IMF's demands, the Pak government has also agreed to introduce fiscal measures including new taxes. Some experts...

2023-02-11T20:54:59+05:30