Graft and elite capture are choking Pakistan’s growth and only civic renewal with real reform of taxes, procurement, SOEs and ...

Pakistan’s economy is deeply troubled, and its drowning in debt! Pakistan's dependency on external support increasing every year highlighting its dire situatoon. Pakistan got a record $26.7 billion in ...

The country is currently running on foreign loans taken on high rates of interest. It will have to repay $80 billion in the coming three years. Farmers clear out debris in an apple orchard damaged by ...

A recent report by Top10VPN.com revealed that Pakistan suffered the highest financial losses worldwide from internet and social media outages in 2024, amounting to $1.62 billion. Given the country’s ...

Pakistan’s economic crisis is often described in familiar terms: dwindling foreign exchange reserves, chronic fiscal deficits, a narrow tax base, low growth rates, inflationary pressures, and cycles ...

ISLAMABAD, June 9 (Reuters) - Pakistan's economy likely grew 2.7% in the fiscal year ending June 2025 after expanding 2.5% in the previous year, the government's annual snapshot of economic ...

Worsening blackouts are the latest manifestation of Pakistan’s economic distress. A brewing debt crisis could plunge the country into financial chaos. A wave of darkness engulfed Pakistan on January ...

Pakistan, June 17 -- Prime Minister Shehbaz Sharif on Monday declared the blue economy as Pakistan's "new economic frontier," calling for a unified national effort to unlock its vast potential.

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do ...

The International Monetary Fund (IMF) has approved an immediate disbursement of USD1 billion to Pakistan under the Extended Fund Facility (EFF) and around USD 200 million under the Resilience and ...