Pakistan Inflation

Medicines beyond reach, falling ill is death sentence, say poor in bankrupt Pakistan

Poor in Pakistan say that it has been "impossible" for them to buy specialised and life-saving medicines. 'If any of us fall ill, only providence can save us,' said Niaz Ahmed, a loom worker from Faisalabad

What default? Says Pakistan FM as economy bleeds in red

Pakistan Foreign Minister Ishaq Dar claimed that State Bank of Pakistan forex reserves have been increasing and are almost $1 billion higher than they were four weeks ago 'despite making all external due payments on time'

Soaring food prices in bankrupt Pakistan push inflation to record high

Pakistan's inflation has soared to a record high of 31.55 per cent in February, compared to 27.6 per cent a month ago

Can’t afford food, people turn to God in bankrupt Pakistan

People in Pakistan say their purchasing power have further eroded with many struggling to cover even the most basic necessities

Pakistan sees highest weekly inflation of over 40 per cent for first time in five months

Pakistan running out of essential items as inflation hits new high

annual inflation hit a new record high of 38.42 per cent in cash-strapped Pakistan even as the Pakistani government continued to hike the prices of essential commodities

Internet goes for a ride over Imran Khan's 'ghee costing 600 billion per kg' claim; check reactions

Former Pakistani PM Imran Khan, in his latest address, mistakenly claimed that prices of ghee have gone up to 600 billion PKR per kg in the country

Pakistan’s crisis is only going to worsen: What happens if the country defaults

New York-based global ratings agency Fitch has warned that the ‘possibility of a default’ is real in Pakistan. If the country cannot repay commercial debt, its ability to import goods will be hit. This will lead to higher inflation, industrial losses, and a rise in unemployment

Pakistan economy shutting down, but PM Shehbaz Sharif is in a generous mood as he sets up PKR 10 Bn fund for Turkey

Pakistan Prime Minister Shehbaz Sharif announced on Friday that his government has established a relief fund of 10 billion Pakistani rupees for the victims of the Turkey earthquake

Pakistan has foreign exchange reserves for ‘only 18 days’ of imports: Why an IMF bailout may not be enough

Pakistan’s troubles are only mounting. The country’s foreign exchange reserves have dropped to a nine-year low of $3.09 billion. It needs an IMF bailout desperately but even that might not be enough