While Pakistan's economy continues to scare away foreign investments, data suggests the country's super-rich owns over 38,000 properties worth $10.6 billion in Dubai's offshore real estate market, which is more than Pakistan's State Bank dollar reserves
Patron in chief APTMA analyses the Institute of Policy Reforms report “What to Do about Pakistan’s Mountain of Debt,” and provides a succinct and sophisticated overview of the economic issues that plague our country.
Last month, local administrators instructed shopkeepers to install CCTV systems inside their premises at their own expense to enhance the police's ability to watch people's every move.
Journalist and political economy expert Javed Hassan on Tuesday claimed that Chief Economist Pakistan Ahmed Zubair resigned after he was being pressured to change data on GDP.
"The government will try to convince the IMF that for political stability purposes it is important to keep at least some of the subsidies," said economist Shahrukh Wani.
The rupee maintains its downturn after it shed Rs2 against the dollar in the intraday trade, mainly because of the country's rising exports and depleting foreign reserves.
Sleepless should be the night for rulers of Pakistan. The country is on the brink of political, social and economic collapse. Politics is polarized, society's morals have been buried and the economy is set to default. Dr Farah Naz reflects on the current situation of Pakistan as she imagines rebuilding the land of the pure.