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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.
The United States has made improving Pakistan's power infrastructure one of its top priorities. [37] US special envoy Richard Holbrooke, while describing the power situation in Pakistan as "unacceptable," has stated that the US would go to its "absolute limits" to help Pakistan overcome the crisis. [38]
Pakistan has experienced an economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. As of 24 November 2024 Pakistan inflation rate was 4.9% lowest in 6.5 years. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive ...
The country’s military kingmakers can keep Imran Khan out of power, but they can’t keep his popularity down. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call ...
Pakistan's political and military leaders on Friday moved to de-escalate tensions with Iran after this week's deadly airstrikes by Tehran and Islamabad that killed at least 11 people and marked a ...
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 ...
The Federal Shariat Court (FSC) of Pakistan is a court which has the power to examine and determine whether the laws of the country comply with Shari'a law. It consists of 8 Muslim judges appointed by the President of Pakistan after consulting the Chief Justice of this Court, from amongst the serving or retired judges of the Supreme Court or a ...
The national cabinet, led by the Prime Minister of Pakistan has executive power and the president is the head of state elected by the electoral college. [3] Pakistan's political system is based on an elected form of governance. [4] The democratic elections held in 2008 were the first to conclude a 5-year term in the nation's political history.