Pakistan's economy Archives

Overall scenario in Pakistan shows a very grim and weak picture of its economy and the growth forecasts for at least 3 years or more

Over 10 million Pakistanis, 1 million Bangladeshis may slip below poverty...

PGurus Newsdesk - April 4, 2024 2

WB report warns of persistent rise in inflation and cost-of-living crisis The World Bank has cautioned that over 10 million Pakistanis may fall below the...

Pakistan's human development outcomes lag well behind the rest of South Asia and are roughly equivalent to those in many Sub-Saharan African countries

International/ World news

Pakistan’s economy on edge of precipice, warns World Bank

PGurus Newsdesk - September 23, 2023 0

World Bank urges consensus on reforms to revive Pakistan’s ailing economy Pakistan is in its tipping point crisis where it should decide to remain a...

Both sides again discussed all the outstanding issues and the government appeared to accept the IMF's views on a few budgetary numbers, the officials said

International/ World news

IMF chief asks Pakistan PM Sharif to resolve policy differences before...

Team PGurus - June 23, 2023 0

PM Shehbaz Sharif meets with IMF chief in Paris amid economic crisis IMF Managing Director Kristalina Georgieva has urged Pakistan's Prime Minister Shehbaz Sharif to resolve...

Already a lot of industries have closed down, and if those industries don't restart soon, some of the losses will be permanent

Economy

Pakistan’s economy at risk of collapse; Pak rupee reaches all-time low...

PGurus Newsdesk - January 27, 2023 0

Pakistani rupee hits a record low of 255.43 against the US dollar British publication Financial Times has warned that Pakistan's economy is at risk of collapse...