Pakistan Economy
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Economy in meltdown, Pakistan’s urban poor head back to villages
Low incomes has triggered a reverse migration from the country’s cities.
Zofeen T Ebrahim, Thomson Reuters Foundation & Waqar Mustafa, Thomson Reuters Foundation News
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Pakistan records highest inflation since 1965, stampedes at food distribution centres kill 21
Consumer price inflation increased year-on-year to 35.37% in March, according to the country’s statistics bureau.
Scroll Staff
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Pakistanis are eating and travelling less to cope with sky-high inflation
With weekly inflation surging above 40%, millions of Pakistanis have found their purchasing power eroded.
Wara Irfan, Dawn.com
Trending
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Mumbai principal sacked after being targeted by Hindutva website; says she is mulling legal action
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What did Vinayak Damodar Savarkar think about Dalits praying in temples and eating with Brahmins?
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‘No educated person will vote for the BJP. What is the point of studying if we do not get jobs?’
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‘One of the greatest statesmen’: When Canada celebrated an Indian prime minister’s visit
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Translated short fiction: A 73-year-old Indian man goes to Bangladesh, his ‘land of birth’, to die
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IMF delays crucial bailout for cash-strapped Pakistan
Pakistan’s economy has been in dire straits due to dwindling foreign exchange reserves.
Scroll Staff
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IMF bailout conditions are unimaginable, says Pakistan PM Shehbaz Sharif
The country is currently in the midst of a major economic crisis, with its foreign exchange reserves depleting to alarming levels.
Scroll Staff
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How Pakistan’s massive power outage has reaffirmed fears of a Sri Lanka-style economic collapse
Nearly the entire country was without electricity on Monday.
Nachiket Deuskar
Video
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Met Gala 2024: From Alia Bhatt to Isha Ambani, what Indians in attendance wore
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Watch: South Korean band performs Rabindra Sangeet accompanied by traditional Korean instruments
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Watch: This man fused hip-hop with Bharatnatyam to dance to Shakira’s ‘Hips Don’t Lie’
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Watch: Comedian hilariously mimics different types of announcements at railway stations
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Eco India: A new buzzword for a protein rich animal feed: Insect farming
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View from ‘Dawn’: Pakistan’s drowning economy cannot be salvaged by conserving energy alone
These so called ‘bold’ measures to tackle the spiralling economy are like homoeopathic remedies for a country in the throes of a potentially terminal disease.
Dawn.com
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Pakistan to shut malls, restaurants early to conserve energy amid economic crisis
The measures have been announced as the International Monetary Fund delayed the payment of $1.1 billion funding that was due in November.
Scroll Staff
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Opinion: Economic indicators point towards a looming recession in Pakistan
The dangerously fragile currency, high-risk premium in international financial markets and a high debt burden have put the country on a tight spot.
Haroon Sharif, Dawn.com
The Reel
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Watch: Manoj Bajpayee’s hundredth movie ‘Bhaiyya Ji’ is a revenge drama
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Start the week with a film: Why ‘Manjummel Boys’ was a blockbuster
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How actor Shahana Goswami flies under the radar and above the competition
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‘Presumed Innocent’ trailer: Jake Gyllenhaal plays a lawyer accused of murdering his lover
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‘Lampan’ trailer: Marathi series is based on Prakash Narayan Sant’s stories
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Opinion: Pakistan’s poor are poor because of rapacious elites, not because of bank interest
The ruling regime’s desire to end bank interests has more to do with the upcoming elections than the ongoing economic turmoil.
Pervez Hoodbhoy, Dawn.com
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Pakistan’s push to restore destroyed forests is giving sweet returns
The reforested area has helped boost the local bee population and honey production.
Imran Mukhtar
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Pakistan, IMF reach an agreement on second review of $6 billion bailout package
The financial aid is an attempt to help the country strengthen its slowing economy, improve public finances and reduce debt.
Scroll Staff
The Field
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IPL 2024: Delhi Capitals stay in playoff hunt with win over Rajasthan Royals in high-scoring clash
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Boxing, Asian U22 & Youth C’ships: Paris Olympic-bound Preeti among seven gold medallists for India
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Football: Odisha FC to compete in the inaugural AFC Women’s Champions League
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IPL 2024: Suryakumar Yadav’s unbeaten ton helps Mumbai secure much-needed win over Hyderabad
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India tour of Bangladesh: Visitors register commanding win in rain-affected fourth T20I