Pakistan economy

The Pakistan Railways has no money to replace 100 locomotives that have passed their entire operational life of 20 to 25 years. Out of them around 35 were purchased in 1975, reported Dawn. The situation is worsening as the incidents…

The cost of living is the highest in Pakistan in all of Asia as the cash-strapped country has a 25 per cent inflation rate and its economy may grow at the fourth lowest pace of 1.9 per cent in the region. This was stated in a new Asian…

Citizens of cash-strapped Pakistan be given a fresh burden of inflated petrol rates by the new government, reported Geo News. According to sources, the price of petrol is poised to inflate by nearly 10 Pakistani Rupee (PKR) per litre due…

The price of petrol reached Pakistan rupees (PKR) 272.89 per litre as the caretaker government of the cash-strapped Islamic country on Wednesday hiked the price of petrol by PKR13.55 per litre for next fortnight, reported Dawn News.…

In cash-strapped Pakistan, the automobile sector seems to be in the doldrums as only 6200 cars were sold in the country in the month of September. Car sales figures from the month of September of the Pakistan Automotive Manufacturers…

With 12.5 million more people going below the poverty in the last fiscal year, the poverty rate in Pakistan reached 39.4 per cent, according to the World Bank. The World Bank said that poverty in Pakistan rose within one year from 34.2…

Pakistan’s former PM Nawaz Sharif, who is in self-exile, praised India’s development while lamenting the dire economic condition of his country. He said, his country was begging for money from the world while India had reached the moon…

Islamabad: The ongoing economic crisis in Pakistan has badly hit the healthcare system where patients have been struggling for essential medicines. The lack of forex reserves in the country has affected Pakistan's capacity to import the…

Pakistan government is likely to increase the price of petrol and diesel by Rs 32 per litre from February 16, reported Pakistan media. Official and industrial sources quoted in Pak media reports indicate that petrol prices would likely…

Commoners are having a harrowing time in Pakistan where the inflation rate is soaring high at rocket speed. In comparison to January 2022, onion prices in Pakistan rose by 501 percent. A year back onion was sold at Rs 36.7 per kg. Now price…