Economy of Pakistan news
Visit RT to read the latest news on the economy of Pakistan. Do not miss the latest updates on the news about the Pakistani emerging market economy. Find all the latest news about the priorities for the economy of Pakistan, including GDP, trade activity, export and import, reforms in key sectors, business, sanctions, and more. Check out RT for stories on Prime minister Imran Khan, State Bank Governor Reza Baqir, and so on. Get today’s news about Pakistan's economic shock amid the novel coronavirus pandemia. Turn to RT for today's news on how political and social changes affect the Pakistani economy. Check out RT for the latest stories on Pakistan’s economic policy and more. Stay with RT to be updated on severe economic consequences for Pakistan amid the CoVid-19 pandemia news that has gone viral in the media in recent months. Read experts’ and analysts’ opinions on news about the Pakistani economy being paralysed due to the outbreak of the virus, as well as the situation in the world in general.
- India & Pakistan may reopen some crucial industries amid Covid-19 lockdowns
Despite strict quarantine measures due to the coronavirus pandemic, India and Pakistan are planning to partially open up some parts of their economies to cushion the financial impact of shutdowns across the region. - South Asian nations to face worst economic slump in 40 years as coronavirus cripples economies — World BankThe Covid-19 pandemic will likely slow South Asia’s once-bustling economies to the lowest level seen in decades, the World Bank has warned in its latest report.
- ‘Biggest worry now is people dying of hunger’: Pakistani PM calls for coronavirus relief package for developing worldNoting that Islamabad, as much of the developing world, is facing the dilemma of either losing people to hunger from lockdowns or letting the virus ravage the population, Pakistan’s Imran Khan has called for global relief fund.
- Pakistan aims to create Singapore-style economic miracle with new seaport connecting to China's Belt & RoadPakistan's strategic Gwadar Port, part of the ambitious $61 billion China Pakistan Economic Corridor (CPEC) project, has finally been given the green light for development.
- Pakistan paves way for trade with Russia by settling Soviet-era debtIslamabad has repaid Moscow the $93.5 million (Rs 1,442 billion) debt pending since the collapse of the Soviet Union. The issue was a major hurdle in boosting the country's trade ties with Russia.
- Pakistan’s economy showing early signs of a turnaround – central bankThe economy of Pakistan has entered a growth phase, Reza Baqir, governor of the State Bank of Pakistan (SBP), has said. He added that the economy has recently stabilized.
- Pakistan ‘looking towards growth’ after tough economic period – Imran KhanAddressing the World Economic Forum in Davos, Pakistan’s Prime Minister Imran Khan said he hopes 2020 will bring economic stability and job opportunities to his country.
- Pakistan cracks down on wheat hoarders in response to soaring flour pricesA “grand operation” has been ordered by Pakistan’s Prime Minister Imran Khan against wheat hoarders and profiteers to relieve a shortage of flour supplies.
- Fitch keeps Pakistan’s credit rating unchanged while investment soarsInternational ratings agency Fitch affirmed Pakistan’s B negative rating with a stable outlook due to a challenging external sector situation and weak fiscal and debt position.
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