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Economics Explained
The Failing Economy of Pakistan
Pakistan's economy has recently come under pressure due to high levels of debt, currency devaluation, floods, and high prices for imported food and energy. So how bad are things likely to get and what are the possible solutions? 0:00 -...
Curated Video
Pakistan economy: Rural areas struggle to cope amid rising inflation
Pakistan goes to the polls on February the 8th, and political parties are campaigning on pledges to address rising unemployment and poverty
Curated Video
Pakistani village mourns 28 men lost in Greek migrant boat tragedy
Pakistani villages mourn the loss of dozens of young men who perished in the migrant boat sinking off of Greece as the Pakistani government promises to crack down on human trafficking.
Curated Video
Trade resumes at Afghanistan-Pakistan border
Lines of trucks at the border signal the resumption of trade between Afghanistan and Pakistan following the Taliban’s takeover of Afghanistan.
Curated Video
Pakistan's economy: People-friendly budget as recession looms
Pakistan's economy was already struggling and the coronavirus pandemic added to its strain.
Curated Video
Prices of Chinese goods in Pakistan soar
Many businesses are running out of Chinese products causing a sharp increase in prices In Pakistan.
Curated Video
Pakistan unveils new budget as citizens struggle with inflation and unemployment
Pakistan’s new budget raises defense spending amid a worsening economic crisis.
Bloomberg
Pakistan Fin Min on Economic Outlook
Muhammad Aurangzeb, Federal Minister of Finance and Revenue, discusses his outlook for Pakistan's economic growth, interest rate outlook, tax progress and plans to tap into the global bond market.
He speaks with David Ingles and...
He speaks with David Ingles and...
Bloomberg
Why the Middle Class is Leaving Pakistan
A growing number of skilled workers are leaving Pakistan, seeking opportunities abroad as their country faces a dire economic crisis. What does their departure mean for the nation's future?
Bloomberg
Pakistan's Interim Prime Minister on IMF Bailout, Inflation, China Ties
Pakistan's government is facing a series of challenges as it pushes through reforms as part of its IMF bailout program, while battling soaring inflation and a weak rupee. Bloomberg's Shery Ahn sat down with Caretaker Prime Minister...
Bloomberg
Pakistan's Interim Prime Minister on Economy, China: Full Interview
Pakistan's government is facing a series of challenges as it pushes through reforms as part of its IMF bailout program, while battling soaring inflation and a weak rupee. Shery Ahn sat down with caretaker prime minister, Anwaar-ul-Haq...
Bloomberg
ANU's Brewster on Pakistan's Debt, Political Issues
David Brewster, senior research fellow at the National Security College of the Australian National University, discusses the economic and political troubles for Pakistan, after the country reached a draft loan deal with the International...
Bloomberg
Pakistan Bonds Rally After IMF Deal
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the risk of a sovereign default. Ruchi Bhatia reports on Bloomberg Television.
Bloomberg
Pakistan, IMF Mull $2.5 Billion Standby Aid, Dawn Says
Pakistan is in talks with the International Monetary Fund for a new $2.5 billion quick standby assistance as the existing program expires on June 30, the Dawn newspaper reported on Wednesday. Haidi Stroud-Watts reports on Bloomberg...
Bloomberg
Pakistan Targets Higher GDP Growth
Pakistan's government is targeting higher GDP growth in the next financial year. This comes as the country plans to ramp up spending. Faseeh Mangi reports on Bloomberg Television.
Bloomberg
Over 1,000 Dead in Pakistan's Deadly Monsoon
Exhausted villagers helped the injured and carried their belongings through muddy floodwaters on Sunday, as death from widespread flooding in Pakistan topped 1,000 since mid-June.
Bloomberg
Pakistan Foreign Minister on Floods, Debt Relief, China
Pakistan Foreign Minister Bilawal Bhutto Zardari says his country will need to revisit an IMF package signed in August given the huge financial toll from recent floods. Speaking with Annmarie Hordern, he also discusses Pakistan's...
Bloomberg
Pakistan Central Bank Sees Moderation in Inflation, Growth
State Bank of Pakistan Governor Reza Baqir discusses the outlook for the economy, monetary policy and the local currency. The central bank on Monday held its benchmark interest rate steady for the first time in four meetings, opting to...
Bloomberg
Pakistan Central Bank to Pause After Latest Rate Hike, Governor Says
State Bank of Pakistan Governor Reza Baqir discusses monetary policy and the outlook for the economy. The central bank raised its key rate for a third consecutive meeting. Consumer prices in Pakistan rose 11.5% in November, cementing its...
Bloomberg
Pakistan Seeks 13th IMF Support Program
Apr.22 -- Pakistan's Prime Minister Imran Khan appointed a new finance adviser over the weekend. Abdul Hafeez Shaikh will assume the role of lead negotiator with the IMF for what would be Pakistan's 13th support program since the late...
Bloomberg
Pakistan Central Bank Is Ahead of the Curve, Acting Governor Says
State Bank of Pakistan Acting Governor Murtaza Syed discusses monetary policy and the outlook for the economy. The central bank on Thursday raised borrowing costs more than expected to quell Asia's second-fastest inflation and meet...
Bloomberg
Pakistan, IMF Agree on $6B Bailout
May.13 -- Pakistan has secured yet another IMF loan to help avert an economic crisis. It’s the country’s thirteenth bailout from the fund since the late 1980s. Bloomberg’s Arijit Ghosh reports on “Bloomberg Markets: Asia.”
Bloomberg
Pakistan Exchange CEO on MSCI Downgrade, Bourse Outlook
Sep.09 -- Pakistan Stock Exchange Ltd. Chief Executive Officer Farrukh Khan discusses the prospects for the bourse and the economy. Index provider MSCI Inc. this week downgraded Pakistan to a frontier market, four years after its ranking...
Bloomberg
What Are the Biggest Risks to Pakistan's Markets?
June 15 -- Mattias Martinsson, chief investment officer at Tundra Fonder, discusses Pakistan's stock market, the risks to the market and the types of inflows he seeing coming into the nation. He speaks to Bloomberg's Scarlet Fu, Joe...