From a purely demand-supply lens, it is clear that the demand for the USD far exceeds the supply that is available.
Month-on-month rise in inflation recorded at 1.7 per cent.
The country wasted a good nine months under finance minister Dar’s obstinacy, only to eventually land up back where it was when he first came into power.
The kindest interpretation one can make of the 'Economic Revival Plan' is that it's a policy misled by a whole-of-government misreading of our ongoing economic collapse.
Baluchistan Wheels Ltd (BWL) says production activities would resume immediately after the Eid holidays.
Plans to arrange foreign currency, as envisaged in the budget, seem to be a fantasy at best.
If Pakistan’s elites are unwilling to sacrifice their ego, ideology, and wealth during a once-in-a-generation crisis, they deserve the reckoning that is surely coming their way.
With perseverance and hard work, the nation can overcome its formidable obstacles — that is, if the rulers choose to mend their ways.
If these hospitals are unable to operate, thousands will die or be otherwise incapacitated due to otherwise treatable illnesses simply because they don't have enough money.
Poor governance and self-serving elites have deprived Pakistan of the chance of becoming an upper-middle income country.
The collapsing economy is likely to bury the House of Sharif with it, at least for the foreseeable future.
Naveed Qamar insists Pakistan should boost forex reserves and not take new loans to pay old ones.
Decision making devoid of any data, and understanding of global macro trends, ought to end up in a disaster — as has happened in this case.
Govt plans "flood levy" on imports to collect Rs60bn in second half of 2022-23.
Topline Securities Ltd says stock market stayed under pressure because of economic and political problems.
A look back at why 2022 was rough on the economic front and why things may not change in the new year.
Experts reluctant to accept Dar’s ‘optimism’.
State minister says Pakistan will honour its external payment obligations; finance minister to engage IMF in Geneva for bailout.
Export earnings and remittances are not enough to foot the consumption-led import bill, making economic growth unsustainable.
With no let-up in the present situation in sight, it is time people braced themselves for a tougher year ahead.
Prima facie, the negative economic indicators point towards a looming recession in Pakistan.
Analyst says market came under selling pressure because of political and economic uncertainty.
By bringing in Dar as finance minister, the PML-N has made a catastrophic mistake that will blow away what little political capital the party has.
The trajectory of Pakistan’s economy can't be explained without delving into debt it has accumulated over the last 75 years.
Asian Development Outlook 2022 says Pakistan's forecast revised to reflect “weaker currency, higher domestic energy prices, food shortages”.
In 2019, our reserves were our own, but today, each dollar is borrowed, leaving us at the mercy of friendly countries for survival.
The Ministry of Defence has been advised to check forex availability from the Ministry of Finance before importing defence.
Acknowledges PML-Q is right early polls should be ensured before dissolving assemblies.
Instead of challenging the IMF for telling us to put our house in order, we must take a hard look at our situation.
What could be driving the intense chatter regarding default?