Pakistan's Oil Industry On Verge Of 'Collapse' Amid Reeling Economic Crisis

Pakistan's economic condition is precarious with low foreign exchange reserves and large fiscal and current account deficits

Amid Economic Crisis, Pakistan Orders Markets, Malls, Wedding Halls To Close Early

Commenting on the matter, Pakistan’s defence minister Khawaja Asif said, all malls and markets will close by 8.30 pm except the wedding halls which will close by 10 pm, this measure is likely to save Rs 60 billion.

Pakistan Suspends International Payments For Online Games Amid Dollar Crunch

According to a report in the local newspaper Dawn, the country's central bank's forex reserves are close to zero

Pakistan Inflation Rate Slows To 8.22% Y/Y In May

The inflation rate was 8.5% in April, and currently stands at 10.94% for the period from July to May, 2019-20.

IMF Expects Pakistan Economy To Grow By 5.6% This Year

Maintaining this positive trend will require strengthening the economy's resilience with greater exchange rate flexibility, fiscal discipline, and an adequately tight monetary policy stance

China's Li Offers To Help End Pak's Energy Crisis

Pakistan's Booming Market No Black And White Matter