Pakistan Economic Crisis

Covid-19: Pakistan's economy contracts for first time in 68 years by -0.38%

Advisor on Finance Abdul Hafeez Sheikh, releasing the Pakistan Economic Survey 2019-20 said the economy suffered massively due to the coronavirus pandemic

IMF asks Pak to freeze govt employees' pay, stick to fiscal consolidation

The Pakistan government is resisting the demand due to high inflation that has eroded people's real income

Pak govt to sell unused state properties at Dubai Expo to generate funds

Prime Minister Imran Khan said that the precious government properties will be sold for better utilisation of funds on public welfare projects

Pakistan to get $1 bn IMF instalment today under 3-year bailout package

The IMF's Executive Board had on July 3 approved the three-year bailout package worth $6 billion to Pakistan.

Pakistan economy critical, facing major challenges due to weak growth: IMF

Cash-strapped Pakistan, which currently has a currency reserve of less than $8 billion, approached the Washington-based IMF in August 2018 for a bailout package

Pakistan seeks economic lifeline with fresh China loans up to $2 bn

The talks come only weeks after a group of Chinese commercial banks lent $1 billion to Pakistan's government in April