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The political unrest that’s engulfed Pakistan since former Prime Minister Imran Khan was arrested earlier this week will complicate efforts to secure a financial lifeline from the International ...
The odds of Pakistan facing a currency crisis in the next 12 months now exceed 50% following floods that killed thousands of people and displaced millions more, a Bloomberg Economics risk model ...
When Pakistan has previously found itself in this predicament, it has turned to the IMF for help. ... → Pakistan faces a currency crisis. Who will help?
Pakistan official’s advice amid economic crisis: Drink less tea The suggestion has been met with scorn in the South Asian nation, which is struggling to pay for tea imports as foreign currency ...
Pakistan on Tuesday raised electricity prices to match rising generation costs amid a global energy crisis and a heatwave, even as the country grapples with its highest inflation in over a decade ...
GUJJAR KHAN, Pakistan — As he shouldered bales of straw for buffalo fodder and tossed them from a truck in 110-degree heat, Habib Gul, 58, ticked off the reasons he is angry at Prime Minister ...
Currency issues and cost-of-living crises in Pakistan are inextricably linked. A more expensive dollar makes fuel more expensive, and these price increases are quickly reflected in daily essentials.
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The Express Tribune on MSNFrom crisis to cushion: FX reserves jump to $14.5b
Barely 14 months ago, the country's reserves were dangerously low – just enough to cover a month's worth of imports. The ...
Authorities ordered shopping malls and markets to close by 8:30 p.m. as part of a new energy conservation plan aimed at easing Pakistan's economic crisis, officials said. K.M. Chaudary/AP hide caption ...
Whoever wins next week's election in Pakistan will have to urgently resolve a currency crisis that threatens to put the brakes on the fast-growing economy, with the most likely solution being ...
Pakistan's crisis is so bad that it has put its embassy property in Washington on sale, and directed shopping malls, wedding halls, restaurants, and markets to close early to conserve energy ...
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