In a concerning financial development, Pakistan’s public debt has increased by a staggering Rs. 8.3 trillion in just one year, exacerbating the country’s economic challenges. The surge in debt was…
EconomicChallenges
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A recent World Bank report has contradicted the Pakistani government’s optimistic claims about the country’s economic progress. Government maintained in 2024 that inflation was under control and commodity prices were…
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In a significant blow to household budgets, the price of natural gas in Pakistan has increased by 25.78%, following a government decision aimed at addressing the growing energy crisis and…
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A staggering 66% of Pakistanis are unable to afford healthy meals, highlighting the growing food insecurity in the country, according to a recent report by the World Food Programme (WFP).…
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In a surprising turn of events, Coca-Cola has reported a significant decline in sales in Turkey and Pakistan, two of its key markets. The slump, attributed to shifting consumer preferences…
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Pakistanis can expect an increase in petrol prices starting from 1st December 2024. Sources suggest that the government is likely to raise fuel prices in response to the ongoing surge…
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In a significant move, Pakistan Railways has proposed a 130% increase in the budget allocated for importing bogies, raising the estimated cost from previous figures to Rs. 71 billion. This…
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Islamabad, Pakistan — Prime Minister [Shabaz Shareef] recently delivered an analysis of the country’s economic challenges and proposed a series of reforms aimed at recovery. As citizens reflect on his…
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Karachi, Pakistan – Toyota Indus Motor Company has announced a temporary suspension of its production operations at the Karachi plant. The decision comes amid ongoing supply chain disruptions and economic…