Tag: #Economic Crisis
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Pakistan’s Economic Crisis in 2024: An Existential Threat
Introduction: Pakistan faces a formidable challenge in 2024—the looming threat of an existential economic crisis. The nation’s economy is grappling with a myriad of issues, from dwindling exports to soaring inflation and a debilitating debt burden. This crisis, exacerbated by regressive monetary and fiscal policies, poses a severe risk to the country’s economic stability. Caretaker…
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ECONOMIC MISSILE
In the 1970s, Zulfiqar Ali Bhutto forged forward this notion for an unassailable defence system for Pakistan. We spent years of tireless labour to finally achieve the target of successfully establishing our very own nuclear program and give Pakistan invincible fortification. Half a century down the line, we both have the bomb and — with…
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Afghan Taliban leaders appeal for help as migrant crisis looms
Senior Taliban officials called for international help in dealing with a deepening economic crisis that has raised concerns about another mass migrant exodus from the country
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Afghans start selling possessions amid cash crunch
The Taliban takeover, and the resulting cut in international funds, has exacerbated an already dire economic situation for most Afghans
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Sudan announces managed currency float amid economic crisis
Khartoum, Feb 21 (AFP/APP):Sudan said Sunday it was ditching its fixed exchange rate and adopting a managed float, in line with an IMF programme but at the risk of fanning already-smouldering popular discontent. It is the latest in a series of reforms by the joint military-civilian government that has ruled Sudan since mass protests led…
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EU announces 5.5 billion for endangered countries
During an online meeting, European Commission President Ursula von der Leyen announced that the European Union would provide 5.5 billion in financial assistance to countries at risk in its efforts to recover from the global pandemic. He said a global strategy was needed to develop and distribute the vaccine. “If you think you can defeat…
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Tourism can help overcome economic crisis: Daroo Khan
ISLAMABAD, Oct 12 (APP): President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Engineer Daroo Khan Achakzai Saturday said Pakistan could cope with ongoing economic crisis by focusing on tourism, which has a huge potential and is one of fastest growing sectors in the world. He expressed these views while congratulating Dr Kaiser Rafique,…