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Pakistan's economy

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  • Wednesday, 21 February, 2024
    News in-depth
    How Pakistan’s economy fell into crisis — in charts

    High debt, low growth and raging inflation will challenge a new government lacking a public mandate

    A montage of a stack of Pakistanti rupee notes and charts
  • Sunday, 21 January, 2024
    Pakistan's politics
    Pakistan’s economy cannot afford another election delay, warns Zardari

    Leading political figure says a new government is needed to instil confidence among foreign creditors

    Bilawal Bhutto Zardari  speaks to journalists in Islamabad last week
  • Tuesday, 26 December, 2023
    News in-depth
    Pakistan steps up tax evasion crackdown: pay up or lose your phone

    Critics warn IMF rescue deal at risk from poor tax collection

    A farmer checks harvested wheat grain on a farm in Chiniot, Punjab, Pakistan
  • Sunday, 12 November, 2023
    The FT ViewThe editorial board
    Pakistan’s expulsion order deepens the Afghan crisis

    Islamabad needs to reverse course, but the west has responsibility too

  • Wednesday, 6 September, 2023
    News in-depthBarrick Gold Corp
    Miners’ hunt for copper takes Barrick to Pakistan’s western frontier

    Reko Diq has potential to be one of world’s biggest suppliers of metal needed for energy transition

    Local government officials visit the gold and copper mine site in the town of Reko Diq in Pakistan
  • Tuesday, 5 September, 2023
    Pakistan
    Pakistan roiled by protests over surging electricity costs

    Popular anger threatens to derail crisis-hit country’s $3bn IMF programme

    People gather during a protest against the surge in electricity prices along a street in Muzaffarabad on Thursday
  • Monday, 3 July, 2023
    Pakistan’s businesses urge more help for crisis-hit economy after IMF deal

    Short-term $3bn bailout eases default fears but looming election raises prospect reforms could be unwound

    Pakistan’s prime minister Shehbaz Sharif and finance minister Ishaq Dar
  • Friday, 30 June, 2023
    Pakistan and IMF reach $3bn rescue funding deal

    Preliminary agreement staves off threat of default but reforms needed to resolve economic crisis, say analysts

    Two men in silhouette greet each other after the Eid al-Adha prayers in Peshawar, Pakistan
  • Thursday, 15 June, 2023
    IMF criticises Pakistan budget as pressure mounts for bailout package

    Islamabad had hoped to end deadlock with multilateral lender over stalled $7bn support programme

    An adult holding a child, seen through the legs of another adult in shallow water in Karachi, Pakistan
  • Thursday, 25 May, 2023
    Pakistan
    Pakistan pins hopes on Chinese help in debt crunch

    Islamabad expects Beijing to roll over debt repayments next month but further deadlines loom

    Protesters in Karachi, Pakistan, look down from a wall at marchers
  • Friday, 12 May, 2023
    Person in the News
    Imran Khan, the Pakistani politician taking on the army

    The cricketing star turned populist firebrand is at the centre of the country’s latest wave of unrest

    Illustration of Person in the News Imran Khan
  • Sunday, 7 May, 2023
    Afghanistan
    China holds security and trade talks with Taliban

    Beijing looks to boost investment in Afghanistan and bring country into Belt and Road project

    Qin Gang, Bilawal Bhutto Zardari and Amir Khan Muttaqi, the foreign ministers of China, Pakistan and Afghanistan respectively, after their meeting in Islamabad on Saturday
  • Thursday, 13 April, 2023
    InterviewImran Khan
    Imran Khan says Pakistan’s economic crisis requires ‘surgery’

    Former prime minister warns debt burden on low-income countries is unmanageable

    Imran Khan, Pakistan’s former prime minister
  • Sunday, 9 April, 2023
    News in-depth
    Pakistan’s economic crisis puts healthcare costs out of reach

    Soaring inflation and falling foreign currency reserves are creating shortages of imported drugs

    Doctors examine a patient at a medical camp set up for flood victims in Hyderabad, Pakistan, in August
  • Thursday, 16 March, 2023
    Airlines struggle to repatriate dollars from crisis-hit Pakistan

    Carriers scale back flights or exit as country struggles with scant foreign currency reserves

    A foreign currency dealer counts US dollars at a money exchange company in Peshawar, Pakistan
  • Wednesday, 22 February, 2023
    Imran Khan supporters detained as Pakistan races to secure IMF deal

    Defence minister warns country is ‘bankrupt’ after latest talks fail to unlock $1bn tranche

    Pakistan’s former prime minister Imran Khan
  • Sunday, 5 February, 2023
    The FT ViewThe editorial board
    Pakistan is on the brink

    Stark choices face the nuclear power and its creditors if it is to avoid default

    People buy rice at a market in Karachi
  • Thursday, 26 January, 2023
    Pakistan rupee plunges as authorities loosen controls to revive bailout

    Liberalisation of exchange rate comes as economic crisis worsens and reserves dwindle

    Fruit vendors use battery-powered lights in Lahore during a 12-hour nationwide blackout on Monday
  • Tuesday, 10 January, 2023
    News in-depth
    Pakistan secures more than $9bn of pledges for post-flood recovery

    Promised aid will not alleviate energy shortages and cash crunch, analysts say

    An aerial view of makeshift tents for people displaced by floods in Pakistan’s Balochistan province in September
  • Wednesday, 21 December, 2022
    Pakistan
    Khan pushes for early elections as Pakistan’s economy stumbles

    Populist ex-PM threatens to dissolve provincial parliaments in bid to consolidate power

    Imran Khan in a wheelchair with two bandaged legs
  • Sunday, 27 November, 2022
    Football
    How cricket-crazy Pakistan became a major football factory

    ‘It’s not our favourite sport, but it’s good business,’ say the country’s soccer entrepreneurs

  • Wednesday, 26 October, 2022
    Pakistan
    ‘It’s the fault of climate change’: Pakistan seeks ‘justice’ after floods

    Disaster puts country at forefront of debate about who should pay for ravages of global warming

    Children use a satellite dish to navigate flood water after heavy monsoon rainfalls in Pakistan’s Balochistan province in August
  • Wednesday, 10 August, 2022
    Pakistan
    Investors shun Pakistani bonds over rising default threat

    Country’s debt is trading at distressed levels as scorching inflation compounds economic woes

    A vegetable vendor in Pakistan
  • Friday, 3 June, 2022
    Imran Khan calls for protests after Pakistan raises fuel prices

    Former prime minister increases pressure on government as it seeks next tranche of crucial IMF loan

    Motorists wait at a petrol station in Islamabad
  • Friday, 8 April, 2022
    News in-depthPakistan
    Pakistan’s supreme court puts Imran Khan back on the brink

    Prime minister faces political demise after judges block bid to dissolve parliament

    A television in a shop in Islamabad, Pakistan, broadcasts live footage of prime minister Imran Khan on April 5
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