"pakistan-economy"

General Asim Munir’s leadership may boost Pakistan’s regional diplomacy, but without credible domestic reform, it risks appearing compensatory rather than consequential

Prime Minister Shehbaz Sharif has said that the ongoing US-Iran war has severely impacted Pakistan’s economy, with the oil import bill surging from USD 300 million to USD 800 million.

An IMF mission held a formal kick-off meeting with Pakistan’s economic team to review the $7 billion Extended Financing Facility and $1.1 billion Resilience and Sustainability Facility. Revenue collection shortfalls and stalled refinery investments are among key discussion points.

Pakistan has a very poor track record in implementing economic reforms that are mandatory with these aid packages from multilateral institutions.

International Monetary Fund’s $1 billion aid to Pakistan raises a pertinent question: Is the IMF truly committed to its mission of ‘discouraging policies that would harm prosperity’

The then-Pakistan government headed by Imran Khan suspended all bilateral trade in August 2019 in retaliation to India abrogating Article 370 of its Constitution

World Bank has estimated a loss of $40 billion to Pakistan's economy as a result of the damage caused by recent cataclysmic floods