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IMF says Pakistan facing ‘exceptionally high’ risks

“Resolving Pakistan’s structural challenges, including long-term BOP (balance of payments) pressures, will require continued adjustment and creditor support beyond the current programme period,” IMF...

Pakistan lost $8.3 bn in remittances, exports in FY23 amid bid to secure IMF bailout

Earlier this week the International Monetary Fund deposited a much-awaited first installment of $1.2 billion in Pakistan's central bank. The financial infusion was part...

Pakistan pushed to outsource Islamabad International Airport amid economic crisis.

A cash-starved Pakistan has been pushed to outsource the operations of the Islamabad International Airport, as per a report in the Pakistani newspaper Dawn. Ishaq Dar,...

Pakistan lost $8.3 billion in remittances and exports last financial year

Pakistan incurred a huge USD 8.3 billion loss in remittances and exports during the previous fiscal year as the Pakistan Muslim League-Nawaz (PML-N)-led coalition...

Pakistan’s New Nuclear Strategy Is a Crisis in the Making

At the recent NATO summit in Vilnius, world leaders expressed concern over Russia’s nuclear posture and the deployment of tactical nuclear weapons in Belarus, given the ongoing conflict...

IMF objects over Pakistan’s approval of supplementary grants

The International Monetary Fund (IMF) has objected over the approval of supplementary grants, citing Finance Ministry sources ARY News reported on Thursday. “The IMF has...

Pakistan army runs out of fuel, calls off all military exercises as economy bleeds

With the nation plunged into an economic crisis and mounting debt, Pakistan Army has called off all scheduled military drills and war exercises until...

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