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Wednesday, September 3, 2025
TopicPakistan economic crisis

Topic: Pakistan economic crisis

Punjab only the first as Pakistan provinces scramble to hike agricultural income tax under IMF terms

Pakistan's Punjab govt has tabled legislation that could see rates as high as 45%. Agricultural income tax hikes among measures prescribed to raise revenue under $7bn IMF bailout deal.

Why Pakistan’s stock market is setting new highs despite a crippling economy

Investors perceive SBP’s signals of potential rate cuts as a green light for increased borrowing and spending, which could stimulate economic activity.

Pakistan finance minister should learn from Manmohan Singh and engineer an economic revival

Muhammad Aurangzeb has been clamped with more manacles than he has wrists. His immediate task is to negotiate a new loan programme with the IMF.

Pakistan’s inflation hurting people—power to housing, storm of ‘price rise’ is everywhere

State Bank of Pakistan's decision to keep the interest rate unchanged to meet IMF bailout conditions has placed additional burden on the consumers.

Why Pakistani stock markets are touching new highs despite economic fragility

In 2023, Pakistan was grappling with the risk of debt default, unprecedented inflation, record-high yields on government bills, and political instability. But 2024 is all set to be a happy new year.

Why Pakistan rupee depreciated dramatically under caretaker PM’s first 3 weeks in power

The currency has lost about 6% of its value against the dollar in the first three weeks of Anwaar-ul-Haq Kakar’s tenure, as he faces economic challenges and IMF terms.

Pakistan is banking on $3bn IMF loan, but it might just buy time, not solve debt crisis

IMF executive board is scheduled to meet on 12 July to approve $3 billion SBA with Pakistan. But there are doubts whether this will stave off default, or just push issue to 2024.

Watched by IMF, Pakistan to present its annual budget amid economic & political crisis

Sharif's govt is hoping to persuade the IMF to unlock at least some of the $2.5 billion left in a $6.5 billion programme that Pakistan entered in 2019.

Pakistan govt, judiciary face conflict of interest in new standoff amid economic turmoil

The Pakistan government says it is not economically viable to hold snap elections first ahead of a general election due in October.

Deadly scrambles for food as Pakistan struggles with most serious economic crisis

In all, 16 people have been killed in chaos at charity distributions especially during Islamic fasting month of Ramadan, a time for giving and spiritual reflection.

On Camera

On Arundhati Roy, mother-daughter conflicts, and the burden of being a ‘good mother’

When reading the book, one can see Roy’s mother as a 'fascist government' unto herself, the centre of her own cult. In Arundhati’s words, Mary Roy was ‘mother guru’.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Loyal wingman’ to full ICBM triad & air defence, China’s show of power at Victory Day parade

China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.