WebFeb 3, 2024 · Pakistan’s economy is on a cliff-edge. The South Asian country this week suffered a horrific bombing attack on a mosque that took at least 100 lives. On Jan. 24, … WebMay 29, 2024 · Pakistan's failure in handling its economy is an unpleasant result of its own actions as the country incurred a foreign debt of USD 13.033 billion from multiple …
WebJan 30, 2024 · NEW DELHI: As Pakistan inches closer to an economic collapse, the Shehbaz Sharif government on Sunday added to the burden of its inflation-stricken citizens when it … WebFeb 17, 2024 · 4. The government has been spending more than required on the defence sector. "The level of expenditure on defence has been high. That money could have been used for better purposes," Mahajan said. 5. Moreover, Pakistan built infrastructure riding on foreign loans. An example is China's Belt and Road Initiative. everything that surrounds an organism
UK envoy offers ‘all possible help’ to crisis-hit Pakistan
WebFeb 2, 2024 · Take Pakistan. Last Monday, the country was plunged into darkness after the national power grid collapsed. By Thursday, the country had veered dangerously close to … WebApr 8, 2024 · As Pakistan continues to struggle economically, a report by the prominent Washington-based think tank, United States Institute of Peace (USIP), said that the cash-strapped country needs to repay a whopping $77.5 billion in external debt from April 2024 to June 2026. The report published on Thursday (April 6) also warned that Islamabad could … WebOct 31, 2024 · Prime Minister Khan has inherited a balance of payments crisis, the third one in the last 10 years. By the end of June 2024, Pakistan had a current account deficit of $18 billion, nearly a 45 percent increase from an account deficit of $12.4 billion in 2024. Exorbitant imports (including those related to the China-Pakistan Economic Corridor ... brownstone grapevine