Pakistan Economic Crisis

Asim Munir’s lavish trips to Sri Lanka, Indonesia. How the elite live their best life as Pakistan struggles

Pakistan’s army chief Asim Munir is jet-setting around the world at a time when his country is going through a financial crisis. Munir, who was recently appointed Field Marshal by the Shehbaz Sharif-led government, is set to visit Sri Lanka and Indonesia. Munir, last mont,h went to Washington to meet Donald Trump at the White House and was seen shopping at a high-end mall

Amid economic turmoil, Pakistan’s army chief Asim Munir embarks on lavish Sri Lanka getaway

While Pakistan is still struggling to revive itself from a historic economic crisis, the country's Army Chief Asim Munir is reportedly set to embark on a lavish trip to Sri Lanka.

Cash-strapped Pakistan allows bureaucrats to earn unlimited fees for corporate board meetings

With Pakistan facing persistent economic turmoil and fiscal challenges, its government has seen fit to give bureaucrats some benefits by lifting a cap on earnings for attending corporate board meetings

Defence and Debt: The two Ds that are draining Pakistan’s economy

Pakistan’s economy is buckling under the dual burden of soaring defence expenditure and record-breaking public debt. With nearly half the federal budget now consumed by debt servicing and an expanded military budget after border tensions with India, concerns about long-term sustainability are rising

Pakistan’s Economic Survey paints rosy picture, but reality tells harsher tale

The highlight of the survey is a projected GDP growth rate of 2.7% for 2025. Finance Minister Aurangzeb claims the economy is now on a “gradual path to recovery”. However, Pakistani people are still struggling with prices of basics like food and fuel

After IMF, another bailout package for Pakistan; ADB okays $800 mn aid despite India's objection

The ADB package comes just days after Islamabad secured a $1 billion package from the IMF despite New Delhi's objections

Pakistan's crop-sowing faces the brunt as India chokes Chenab flow causing major water shortage

The crop-sowing season of Pakistan is facing the brunt of India's decision to put the Indus Waters Treaty into abeyance as two key dams in Punjab and Sindh face live water shortage

Forget India, how Pakistan can't even beat the economies of these two Indian states

Pakistan’s economy has shrunk in global standing to the point where individual Indian states like Maharashtra and Tamil Nadu have overtaken it in size. With Pakistan's repeated IMF bailouts, weak growth and mounting debt, the economic gap has widened dramatically — even subnational units in India are now outpacing a once-peer neighbour

Saudi Arabia has deported over 5,000 Pakistani beggars, interior minister tells parliament

Pakistan's Interior Minister Mohsin Naqvi informed the country's National Assembly that Saudi Arabia has deported a total of 5,033 Pakistani beggars in the last 16 months

Bloodbath at Pakistan Stock Exchange after India’s Operation Sindoor against terror sites

The KSE-100 Index, which tracks the largest companies listed on the Karachi Stock Exchange, fell as much as 5.7 per cent during intraday trade, its steepest single-day drop since 2021