Tag: economic issues
Pakistan’s Rupee Hits All-Time Low at 288 Against USD as IMF Loan Program Remains Delayed
Pakistan's currency, the rupee, has reached a new all-time low against the US dollar, hitting Rs288 in the interbank market.…
Overpricing in Ramzan bazaars causes frustration for citizens
As the holy month of Ramzan begins, citizens in Rawalpindi are expressing disappointment with the high prices of essential items…
Pakistan’s Fuel Pricing Scheme Under Scrutiny for IMF Loan Agreement
Pakistan is facing a crucial deadline to finalize a long-awaited loan agreement with the International Monetary Fund (IMF) to receive…
IMF Needs Financing Assurances
The International Monetary Fund (IMF) has said that assurances of financial assistance from bilateral and other sources are critical to…
CAD shrinks on rupee depreciation
Pakistan's current account deficit (CAD) dropped to a nearly two-year low in February 2023 as the country's imports were reduced…
Foreign Exchange Reserves in Pakistan Boosted by Chinese Loan Amid Economic Challenges
The State Bank of Pakistan (SBP) has reported a significant rise in its foreign exchange reserves, with the current total…