Live Breaking News & Updates on Pakistan Economic Crisis 2023|Page 3

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Pakistan economic crisis: Defence minister admits country has already defaulted

As Pakistan continues to grapple with the economic crisis, Defence Minister Khawaja Asif admitted that the country has already defaulted and held ‘everyone’ including the establishment, bureaucracy, and politicians responsible for it. Addressing an event in Sialkot on Saturday (February 18), Asif said that standing on one's own feet was essential for Pakistan to become a stable country. ....

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02:57Pakistan Economic Crisis Worsens | Petrol, Gas Prices Skyrocket | World News Updates

The economic crisis that has erupted in Pakistan has now deepened. The prices of petrol and gas have skyrocketed and the country is seeing record high inflation. The Pakistani Government has now released a mini-budget amidst the crisis. The increased petrol and gas prices come as another blow for the Pakistani common person. Meanwhile, President Shehbaz Sharif has continued to ask for a loan from the IMF or the International Monetary Fund, but to no avail. This has increased the troubles of India s neighbor as back breaking inflation and lack of resources continue to add to peoples worries. Keep watching to know more about it all! #pakistan #pakistaneconomiccrisis #worldnews #mirrornow ....

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Pakistan govt hikes petrol, diesel prices; check the updated price list here

Pakistan's economic crisis is worsening day by day and it is inching closer to a financial collapse. The Shehbaz Sharif government on Sunday added to the burden of its inflation-stricken citizens when it hiked petrol and diesel prices by Pakistani Rupee 35 per litre and Pakistani Rupee 18 per litre for kerosene.

The major development came a day after its Finance Minister Ishaq Dar said that Pakistan is the only country founded in the name of Islam and "Allah is responsible for its development and prosperity". ....

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Pakistan's forex reserves dip below $5 billion; No money left for imports

Pakistan’s foreign exchange reserves fell below $5 billion, threatening to spill over into a full-blown economic crisis. Watch this video to know more. ....

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