TOPIC

Pakistan economic crisis

News Reports

“Can’t afford to feed them”: Pakistan Man kills wife and seven children with an axe, cites financial distress as motive in confession to police

OpIndia Staff - 12 April, 2024

Pakistan: Man kills family due to financial distress

News Reports

8,000 flour bags stolen during Ramzan amid severe economic crisis in Pakistan, four government officials booked

OpIndia Staff - 9 April, 2023

Pakistan has been facing severe economic crisis and various places in Pakistan are having wheat flour shortage such that government is providing subsidised flour to poor.

World

US think tank: Pakistan needs to pay $77.5 billion in external debt; risk of default ‘real’

OpIndia Staff - 8 April, 2023

Pakistan needs to repay a massive USD 77.5 billion in external debt from April 2023 to June 2026.

News Reports

Pakistan: Stampede during free flour distribution leaves 11 people dead in Punjab

OpIndia Staff - 30 March, 2023

Police have been accused of spreading mayhem at the centres by manhandling and baton-charging people who were waiting in long queues, according to reports in Pakistani media.

News Reports

Amidst supply chain disruptions Honda announces plant shutdown in Pakistan

OpIndia Staff - 9 March, 2023

It is notable that several companies in various sectors have stopped production in a cash-strapped Pakistan as they ran out of raw materials or foreign exchange and in some cases both.

News Reports

Pakistan: Country prepares for a fresh round of price rise in Ramadan 2023 as govt increases taxes

OpIndia Staff - 16 February, 2023

The general sales tax (GST) and federal excise duty were both raised by the government of the country on Wednesday, making customers' woes even worse.