Search results
Results from the WOW.Com Content Network
During the government of Pakistan Tehreek-e-Insaf (PTI) increasing double-digit inflation led to growing political issues and deteriorating economic conditions. [22] [23] During the PTI period, Pakistan's total debt and liabilities increased by 80% while during three quarters of Fiscal Year 2021-22 the trade deficit rose 70% to $35.4 billion. [24]
Pakistan's economy remains under severe strain due to a debt crisis, with the country facing challenges in repaying $1.2 billion in outstanding payments. [27] In Pakistan, inflation maintains its upward trajectory, as indicated by the most recent official data, which shows a year-on-year increase of 35.4% in the consumer price index for March 2023.
An Afghan refugee woman gives her fingerprints at the United Nations High Commissioner for Refugees repatriation center in Azakhel, Nowshera, Pakistan, on October 30, 2023.
Pakistan reports a case of mpox in Azad Kashmir, raising the total of cases in the country to four. In response, Prime Minister Shehbaz Sharif announces that the country will now be screening people at entry points for the disease.
The 2023 Kurram Parachinar conflict started as a land dispute and turned into a series of sectarian clashes that took place in the Kurram District of Khyber Pakhtunkhwa, Pakistan near Pak-Afghan Border, from May to July 2023.
The Radio Pakistan premises in Peshawar were also targeted, with protesters setting fire to the main building and destroying dozens of historical audio recordings. [ 10 ] [ 11 ] On May 10, Section 144 was imposed across the country and military deployment was ordered in an attempt to quell the rising death toll.
A political and constitutional crisis emerged in Pakistan from, 3 April 2022 to 10 April 2022 when, National Assembly's deputy speaker Qasim Khan Suri dismissed a no-confidence motion against prime minister Imran Khan during a session in which it was expected to be taken up for a vote, alleging that a foreign country's involvement in the regime change was contradictory to Article 5 of the ...
Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure, and on 11 October 2008, the State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7,749.7 million. [64]