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economic crisis

News Reports

Economic crisis in Pakistan results in a shortage of life-saving medicines

OpIndia Staff -
Pakistan Medical Association (PMA) called for the intervention of the government to prevent the situation from turning into a disaster.
News Reports

11 top American banks rescue ‘vulnerable’ First Republic Bank with a contribution of $30 billion after the collapse of two banks

OpIndia Staff -
First Republic Bank underwent a liquidity crisis after customers moved billions of deposits out of the bank in distress.
News Reports

Poverty stricken Pakistan to face tougher Ramzan over skyrocketing prices, chicken consumption becomes weekly affair for many

ANI -
Amid severe economic crisis, prices of food times have increased by at least 50% in Pakistan and because of loan conditions, government is not even in position to subsidise them for the middle class and poor.
News Reports

Amid deepening economic crisis, Pakistan hikes luxury import tax to secure IMF deal

OpIndia Staff -
In an effort to secure IMF deal, Pakistan hiked taxes on a number of luxury goods and upscale services.
News Reports

Pak PM Shehbaz Sharif flexes ‘nuclear’ muscle against India even as his country faces worst economic crisis

ANI -
Even as Pakistan struggles with food, power, fuel amid severe economic crisis, their PM Shehbaz Sharif cannot stop obsessing over India.
News Reports

Supporting terrorism and bad policies are to blame for Pakistan’s economic catastrophe: Report

OpIndia Staff -
A confluence of decades of poor policy has led to current economic disaster of Pakistan, according to Asian Lite
World

Pakistan: Oil industry on verge of collapse, largest refinery shuts for a week amid severe economic crisis

OpIndia Staff -
Pakistan is facing unprecedented economic crisis with people running riots over shortage of basic necessities like flour.
News Reports

#BoysWillBeBoys: Pakistanis resort to memes, self-deprecating dark humour as country’s economic crisis worsens

OpIndia Staff -
Pakistanis used memes to show how their country is suffering from an economic crisis
News Reports

Amid the economic crisis in Pakistan, people in PoK and Gilgit-Baltistan protest on the streets demanding food and power

ANI -
People in Pakistan-occupied Kashmir, Gilgit-Baltistan, are protesting in the streets, demanding wheat flour, pulses, and power supply
News Reports

Islamists take out a protest march in Lahore over the burning of Quran in Sweden while fellow citizens fight over food

OpIndia Staff -
While hundreds of fellow citizens have been rioting over food shortages, some have taken to the streets in Lahore to protest the burning of a copy of the Quran in Sweden
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