Tag: pakistan inflation
Pak inflation skyrockets to 47%, essential prices soar: Report
Pakistan’s economic crisis continues to worsen with each passing day. According to the Pakistan Bureau of Statistics (PBS), the inflation based on sensitive price indicator…
Take steps to function as a country: IMF tells cash-starved Pakistan
ISLAMABAD: Cash-strapped Pakistan must take steps to ensure that its high earners pay taxes and only the poor get the subsidies if it wants to…
Pakistan Petrol Price: Pakistan hikes petrol price by 22.20 rupees a litre
NEW DELHI: Pakistan government hiked petrol price in the country by another whopping 22 rupees a litre on Thursday. The finance ministry in a statement…
Inflation in Pakistan could average 33% in H1 2023, says Moody’s economist
MUMBAI/ISLAMABAD: Inflation in Pakistan could average 33% in the first half of 2023 before trending lower, and a bailout from the International Monetary Fund alone…
Pakistan: What life is like in crisis-hit Pakistan as inflation soars
As Pakistan lurches from one crisis to another, citizens are taking to the streets to protest a dual economic and political meltdown with little precedent…
Pakistan round-up: Wikipedia blocked for ‘blasphemous’ content
NEW DELHI: Talks with IMF for a bailout package to aid Pakistan’s struggling economy hits more hurdles, Wikipedia banned for “blasphemous” content, and other news…
Why IMF is doubling down on bailout package for Pakistan
NEW DELHI: Pakistan Prime Minister Shehbaz Sharif said on Friday that his government has to accept “beyond imagination” conditions to unlock an IMF bailout package.“I…