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Wednesday, May 8, 2024
TopicPakistan economy

Topic: Pakistan economy

How are Chinese discussing Pakistan economic woes? State media quiet, social media buzzing

Chinese commentators have said that there are limits to how much Beijing can help. But China also wants the US to stay out of the current crisis in Pakistan

‘We cook once, eat it thrice… we even travel less,’ say Pakistanis battling extreme inflation

A report in the country’s newspaper Dawn tries to gauge the mood at the ground level, and reveals astonishing tales of struggle.

Pakistan sees complete breakdown of state institutions. Democracy is all but dead

Not a single political party in Pakistan believes in working within constitutional parameters. Democratic process is all but dead.

Pakistan looking for agriculture, IT breakthroughs in high-level US trade talks

Pakistan Commerce Minister told Reuters the meeting could help boost bilateral trade in goods and services, which the Pakistani embassy said now totalled about $12 billion.

The ‘unbreakable bonds’ of Pakistan-China friendship are under stress

Because in Pakistan, indoctrination was promoted over knowledge and skills, we are stuck with an ocean of unemployable youth.

Pakistan in no shape to fix its economy. Currency crisis adding pressure on dollar reserves

Some experts think the situation in Pakistan is so bad that large fundamental changes to the economy are needed. But none of its political parties are willing.

Pakistan sliding deeper into Chinese infra debt trap? What $10 bn rail loan could entail

Borrowing $10bn for ML-1 could create additional risks for Pakistan as China accounts for 30% of its foreign debt. Analysts draw parallels with Sri Lanka's 'poor' borrowing choices.

Given the opportunity, 37% of Pakistanis are willing to leave nation, reports survey

Balochistan tops the list with nearly half of its residents open to emigrate, followed by Khyber Pakhtunkhwa and Sindh.

Russia refuses to give 30-40% discount on crude oil to Pakistan, says ‘all volumes committed’

Pakistan Finance Minister Ishaq Dar had earlier said that Islamabad wanted to have the crude oil deal with Moscow on terms similar to those agreed for New Delhi.

Pakistan’s new Finance Minister Ishaq Dar is known for propping up currency in earlier stints

Dar, 72, is a chartered accountant who had served as finance minister thrice in the past. He faces the daunting task of stabilising Pakistan's economy which has been in a tailspin.

On Camera

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.