October 01, 2022 01:37 (IST)
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Shehbaz Sharif says even friendly countries are ‘fatigued’ by Pakistan's aid seeking

Islamabad: Pakistan Prime Minister Shehbaz Sharif recently highlighted the poor economic state of the nation when he said friendly countries had started looking at Pakistan as a country that was always asking for money.

Pakistan facing severe liquidity crunch

Pakistan, a nation which is facing severe flooding in recent weeks, is reeling under a dollar liquidity crunch, media reports said.

Pakistan: Flood to cause USD 4b loss to economy

Quetta: The ongoing flash floods and heavy rains, which is ravaging Pakistan, is estimated to have cost the country's  economy over USD 4 billion in the current fiscal year.

Pakistan Finance Minister Miftah Ismail warns of 'bad days' ahead

Islamabad: Finance Minister Miftah Ismail has warned that Pakistan, a nation battling financial crisis, might be facing 'bad days' ahead.

Pakistan: Economic outlook looks bleak, says Ministry of Finance

Sukkur: Pakistan's Ministry of Finance on Thursday said the country's economic outlook remained uncertain and blurry while inflation would stick around the current level of 21 percent in the short term.

Pakistan to borrow Rs 5.5 trillion from international lenders in the ongoing fiscal year

Islamabad: Pakistan is all set to borrow a whopping Rs 5.5 trillion from international lenders in the current fiscal year to maintain its foreign exchange reserves, repay previous loans and financing of current account deficit.

PTI laid economic landmines to discredit successors, says Pakistan Economy Watch

Islamabad: The Pakistan Economy Watch (PEW) has said former Prime Minister Imran Khan-led government has laid economic mines for the present government which is becoming difficult to deal with.

PTI played havoc with national economy: Pakistani Interior Minister

Islamabad: Pakistani Interior Minister Rana Sanaullah Khan said that former Prime Minister Imran Khan-led PTI government had wasted precious four years of the country in addition to abandoning game changer China-Pakistan Economic Corridor related projects.

Nawaz Sharif says Imran Khan destroyed Pakistan's economy

Islamabad: Former Pakistan Prime Minister Nawaz Sharif has slammed ousted PM Imran Khan for backtracking on every promise and said the PTI chairman broke the back of Pakistan's economy.

Pakistan PM Shehbaz Sharif rejects proposal to hike price of petroleum products

Islamabad/IBNS: Pakistan Prime Minister Shehbaz Sharif has tried to give relief to people of the nation by rejecting the proposal to hike the price of petroleum products for the period Apr 16-30, media reports said on Monday.

Pakistan's trade deficit widens to $31.96 billion

Islamabad: Pakistan's trade deficit has widened 82 percent year-on-year to $31.96 billion, media reports said on Thursday.

Pakistan's circular debt in energy sector swells to Rs 2.358 trillion in 7 months

Islamabad: Pakistan's growing economic troubles is getting more clear as troubling energy sector’s circular debt has reached Rs 2.358 trillion during the first seven months (July, 2021-Jan, 2022) of FY 2021-22 compared to Rs 2.331 trillion in corresponding period of 2020-21 due to reduction in amount parked at Power Holding Limited (PHL) and Gencos payables to fuel suppliers, media reports said.

Pakistan's foreign direct investment falls 12pc in July-Oct: Reports

Karachi, Pakistan/IBNS: Pakistan's foreign direct investment (FDI) fell by 12 percent in the first four months (July to October) of the current fiscal year, Dawn News reported quoting a data shared by the country's State Bank on Wednesday.

PTI is gifting people with inflation and unemployment: Jamaat-e-Islami Emir Sirajul Haq

Jamaat-e-Islami Emir Sirajul Haq slammed PM Imran Khan-led government and said it is helping people with nothing else but gifting them with inflation and unemployment and burdening the country with massive debts.

Pakistan: PM's aide on finance quits, FBR gets 6th head in three years

Islamabad: The Pakistan government on Tuesday removed the chairman of the Federal Board of Revenue (FBR), marking yet another reshuffle in the administration.