Income support scheme averted a ‘catastrophe’ in Pakistan, finds report

Pakistan’s innovative emergency cash program (Ehsaas) helped avert an economic catastrophe by directly transferring cash benefits in form of income support to millions of people who had lost their livelihood because of the Covid-19, found a report.  

Pakistan's external debt and liabilities swell to $115.7 billion

Islamabad: Pakistan's Central Bank data has shown the country's foreign debt and liabilities increased $3 billion or 2.6 percent during the six months period ended in December last.

Almost half of Pakistani people blames Imran Khan govt for inflation: Survey

Islamabad: A recent survey has shown that  49% of Pakistanis believe that the PM Imran Khan-led government is responsible for inflation in the country. 

COVID-19 and economic revival: Pakistanis not permitted to enter EU as borders set to reopen

Brussels: Pakistan economic revival plans received a jolt as the country has not been included in the draft list of 54 countries that will benefit from the reopening of the European Union external borders, media reports said.

Pakistan's economy may fall into recession due to COVID-19 break - World Bank

Islamabad/Xinhua/UNI: Pakistan may fall into an economic recession owing to the outbreak of COVID-19 in the country, a World Bank report said on Sunday.

COVID-19 lays bare the bleeding face of Pakistan administration, economy

Islamabad/IBNS: The growing COVID-19 cases in Pakistan are not only unveiling the collapsing healthcare system of the South Asian nation but hinting that the economy will also slow in the upcoming days to leave common men bleeding.

COVID19 Impact: Experts believe Pakistan's economy might witness bloodbath

Islamabad/ IBNS: The Coronavirus outbreak may hit Pakistan's economy, which is already bleeding hard with experts assuming that the nation's exports may dip by 25 percent in March.

Pakistan awaits IMF team to fix collapsing economy amid sparring over Kashmir

Islamabad, Sept 8 (IBNS): Even as Pakistan Prime Minister Imran Khan keeps their anti-India rant over Kashmir situation raging, experts say he is facing a tough challenge from the crippling economy of the Islamic nation and perhaps the brouhaha over J&K gives him a temporary tool to divert attention of his people.

Pakistani boy asks Imran Khan to fix economy first and then think about Kashmir, video goes viral

Islamabad, Sept 3 (IBNS): At a time when the relationship between India and its neighbouring nation has touched a new low over the scrapping of the Article 370, a Pakistani boy's video has gone viral online where he could be seen advising his Prime Minister Imran Khan to first focus on developing its economy and later on issues like Jammu and Kashmir.  

Pakistan is sitting on huge amounts of dead capital: Imran Khan

Islamabad, Sept 10 (IBNS): Pakistan PM Imran Khan on Monday said his nation, which has had to borrow money to pay interest on its loans, is currently sitting on huge amounts of 'dead capital'.