The backbone of Pakistan’s economy severely hit, says Economic Survey report
The Economic Survey of Pakistan has been released and its findings suggest bleak future for the Islamic nation. The economic growth for the fiscal year 2018-19 is ...
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Pakistani Military kneels before IMF, announces defence budget cuts
It’s official - Pakistan Armed Forces has ultimately succumbed to the pressure of International Monetary Fund (IMF), the global lender which awarded bailout package of 6 billion ...
Pakistani rupee is close to becoming the month’s top loser
Since the announcement of 6 billion dollar IMF bailout package, Pakistani currency is on its way to becoming top loser of the month. The free-falling currency touched ...
Imran Khan faces internal rebellion over IMF bailout
There have been signs of internal dissent over Pakistan approaching IMF for a bailout package from the very start. In fact, the bailout process was delayed by ...
IMF bailout won’t succeed without major cuts in Pak defense budget, says a think tank report
European Foundation for South Asian Studies (EFSAS), a prominent European think tank based in the Netherlands has criticized 6 billion IMF bailout package to Pakistan and claimed ...
Pakistani Rupee hits an all-time low after IMF bailout announcement
After the announcement of IMF bailout, Pakistani rupee has hit an all-time low of 148.0 rupees per dollar. The global lender expects Pakistan to let the market decide the ...
Pakistan stock market crashes after IMF bailout package
As IMF agreed to give 6 billion dollars to debt-ridden Pakistan, it seems that bailout package does not go well with the investors in the country. The ...
Per capita income in Pakistan shrinks by 8.2 percent in Imran Khan’s first year
While India is the fastest growing major economy in the world and the per capita income growth is in double digits, the per capita income and GDP ...
Sri Lanka refuses to learn its lessons as the country is all set for a repeat of the Hambantota fiasco
It seems that Sri Lanka has not learnt its lessons post the Hambantota fiasco. As per latest reports, Port City Colombo, an ambitious project to build a ...
European Parliament issues Pakistan a serious warning over persecution of minorities in the country
Writing a hard-hitting letter to Islamabad, 51 members of the European Parliament have expressed their concern over the persecution of religious minorities, saying that it should be ...
While Imran Khan goes out begging all over the world, Pak Army is looting the country
Pakistan is completely under the clutches of the army of the country and this is visible from increasing defense expenditure. The double-digit growth in defense expenditure despite ...
IMF’s visit to Pakistan postponed, may delay bailout package
International Monetary Fund (IMF) may delay the loans to debt-ridden Pakistan. IMF officials were expected to visit Islamabad by the end of this month. The bailout package ...
