Pakistan Economic Crises

Pakistan is currently facing a worrying trend of mass emigration. A record-breaking 800,000 Pakistanis left the country in the first half of 2023, with at least 100,000 of them being highly skilled professionals, including doctors, nurses,…

A little more than a week after approving a $3 billion bailout programme for Pakistan, the International Monetary Fund (IMF) has said the country needs another programme and support from other multilateral lenders. Citing that the South…

The International Monetary Fund (IMF) said it was working towards holding a board meeting with Pakistani authorities before a financing programme expires at the end of June. IMF mission chief for Pakistan Nathan Porter made the statement,…

Battling a worsening economic crisis, Pakistan's inflation broke all previous records when the consumer price index reached 31.5 per cent in February, according to fresh readings issued by the Pakistan Bureau of Statistics (PBS).The direct…

<!-- -->IMF and Pakistan signed $6 bn bailout in 2019, which was topped up with $1.1 billion last year.Pakistan: Pakistan has sought support from Washington to unlock a stalled International Monetary Fund programme that would release…

<!-- -->Customers are being charged Rs 50-60 to the US dollar for a transaction. (Representational)Islamabad: Pakistan's economy is currently facing one of its worst crises as the country's foreign exchange reserves have fallen to a…