Pakistan Seeks Emergency Aid of $3b from Saudi Arabia to Inject Foreign Reserves’ Shortfall
Pakistan asked Saudi Arabia on Wednesday for an immediate $3 billion cash infusion after its foreign exchange reserves reached an
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Pakistan economy
Government Cuts 57.3% Of International MS/PhD Scholarships
Due to the depreciation of the Pakistani rupee, which increased the cost of studying abroad, the government has drastically reduced
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Government to Introduce $85 Million Credit Guarantee Program for Low-Income Housing
The Second Supplemental Trust Deed for low-income housing was approved by the Economic Coordination Committee (ECC) of the Federal Cabinet
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State Bank Denies Withholding Google Payments
Payments to Google are allegedly stuck at the central bank, but this has been denied by the State Bank of
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Poor Govt Policies, High Taxes Ruining Telecom Sector: GSMA
According to the Global Mobile Industry Association, the exacerbating effects of recent macroeconomic developments as well as the current market
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Digital Lenders Disbursed Rs. 33 Billion Loans to Salaried Class During FY2021-22
Over 2.5 million borrowers received loans from the digital lending companies through nanolending, Buy-Now-Pay-Later (BNPL), and Pay Day loans to
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Pakistan’s GDP Could Fall by 18 To 20% By 2050 ‘Due to Climate Change Risks
If climate change issues are not addressed, Pakistan’s annual GDP could fall by 18 to 20% by 2050 due to
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Pakistan’s Debt Has Skyrocketed to Rs62.5 Trillion
Data released by the central bank on Wednesday, Pakistan’s total debt and liabilities peaked at Rs62.5 trillion at the end
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Telenor Pakistan Is Up for Sale, For One Billion Dollars
According to Bloomberg, Telenor Pakistan is suddenly up for sale, despite being a growing network with rising stock prices. Telenor
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Pakistan’s Risk of Default Spikes to A New High of 64.2%
Pakistan was on the verge of default earlier this year, but they recovered. Currently, the risk of default is increasing
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