pakistan economy

Pakistan’s Public Debt Soars to Historic ₹76 Trillion, Sparking Global Alarm

09 Jun 2025

Pakistan's economic situation reached a new low as its overall public debt rose to an all-time high of 76,007 billion Pakistani rupees (₹76 trillion), the Economic Survey 2025 published on Monday revealed. The astronomical figure indicates a sharp decline in the country's fiscal management and has raised new concerns regarding...

IMF Approves New .3 Billion Loan Program for Pakistan

IMF Approves New $1.3 Billion Loan Program for Pakistan

26 Mar 2025

The International Monetary Fund (IMF) has approved a new $1.3 billion loan program for Pakistan while reviewing an existing bailout that could release an additional $1 billion. The new 28-month program aims to support Pakistan’s efforts to mitigate climate change and improve economic stability. Loan Approval Pending Executive Board Consent...

Can Pakistan Become a Trillion Economy by 2035? Challenges and Hopes

Can Pakistan Become a $1 Trillion Economy by 2035? Challenges and Hopes

27 Jan 2025

Martin Raiser, World Bank Vice President for South Asia, recently stated that Pakistan could achieve a $1 trillion economy by 2035 if it implements the right reforms and maintains a 7% annual growth rate. The World Bank has offered a potential $20 billion commitment over the next decade to aid...

Imran Khan’s PTI Protests Drain Pakistan’s Economy By PKR 2 Billion

24 Nov 2024

Protests organized by Imran Khan's Pakistan Tehreek-e-Insaf (PTI) over the past 18 months have cost the government PKR 2 billion, intensifying the strain on Pakistan’s already struggling economy, according to Geo News. Escalating Costs and Damages Total Expenditure: Managing PTI protests and sit-ins across Punjab, Khyber Pakhtunkhwa, and Islamabad has...

Chinese Steel Giant Warns Pakistan: Resolve Issues Or Face Shutdown

23 Nov 2024

Century Steel Group, a Chinese steel producer, has issued a final warning to the Pakistani government to resolve longstanding issues at the Rashakai Special Economic Zone (RSEZ) in Khyber Pakhtunkhwa. Failure to address these concerns will result in the company dismantling its plant and exiting Pakistan, the company announced in...

Pakistan Economy In Resurgence With 3.07% Growth Sparks Hope For Stability

01 Oct 2024

Pakistan’s economy has outperformed expectations, recording a 3.07% growth in the second quarter, driven by support from the International Monetary Fund (IMF) and lower interest rates. The Pakistan Bureau of Statistics released this data on Monday, revealing that this growth surpassed the 2.7% forecast from a Bloomberg economist survey and...

Massive Oil, Gas Reserves Discovered in Pakistan Territorial Waters: Can This Transform the Nation’s Economic Future?

07 Sep 2024

A significant deposit of petroleum and natural gas has been discovered in Pakistan’s territorial waters, sparking hope for a transformation of the country’s economic future, according to a recent media report. This potential windfall comes after a three-year survey conducted with the assistance of a friendly nation, as confirmed by...

Protests Erupt Across Pakistan Amid Economic Woes And Political Turmoil

28 Jul 2024

Protests have erupted across Pakistan, including in the capital city, as supporters of the Pakistan Tehreek-e-Insaaf (PTI) and others demonstrate against the continued imprisonment of former Prime Minister Imran Khan and inflated electricity bills. With both issues showing no signs of early resolution, the protests are expected to intensify. Adding...

Pakistan Secures Billion IMF Aid To Address Economic Issues

Pakistan Secures $7 Billion IMF Aid To Address Economic Issues

13 Jul 2024

Pakistan and the International Monetary Fund (IMF) have reached a landmark agreement on a $7 billion aid package, aimed at stabilizing the nation’s struggling economy. This 37-month Extended Fund Facility (EFF) arrangement builds on the economic stability achieved under the 2023 Stand-by Arrangement (SBA). In an overnight statement, the IMF...

IMF Approves Final .1 Billion Installment as Pakistan’s Assistance Plan

IMF Approves Final $1.1 Billion Installment as Pakistan’s Assistance Plan

30 Apr 2024

The executive board of the International Monetary Fund approved $1.1 billion in cash for Pakistan, according to a press statement, but talks for a fresh loan are still ongoing. A $3 billion standby agreement with the IMF was secured by Islamabad last summer in order to avert a sovereign default....

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