New Delhi, April 1 (IANS) Pakistan’s economy bears significantly greater risks associated with the ongoing Middle East crisis, as the impact on the general public is considerably higher than on those nations which do not have to meet strict IMF conditions due to loans taken from the multilateral institution, according to an article in the local media.During the past three decades, Pakistan has been administered by the military and civilian governments represented by all three major national pa…
Latest Business Recorder News & Updates
Islamabad, March 31 (IANS) The videos circulating on social media showing Pakistani police personnel using brute force against the Maachhi community — a traditional fishing group — in the Sindh province have raised grave concerns. The footage showed male and female police officials storming the fragile shanty shelters of the impoverished Maachhi community in the Umerkot region of Sindh, “dragging innocent, helpless, fast-observing women and young girls, tearing at their clothes, and huddling t…
New Delhi, March 29 (IANS) A recent train accident in Pakistan involving the Shalimar Express has raised serious concerns about railway safety and accountability, with questions emerging over whether deeper systemic issues are being overlooked.An internal inspection conducted at Sukkur found that nearly 60 per cent of the train’s coaches had major defects, according to Business Recorder report.Out of 18 coaches, 10 were reported to have serious technical issues, including nine with non-functio…
Islamabad, March 26 (IANS) The recently released government report titled ‘Public Financing in Education 2025–26’ has revealed that Pakistan’s education system is struggling with severe underfunding, weak learning outcomes, and millions of children left behind, a report has stated. According to the statistics presented in the report, more than 25.37 million children remain out of school, and 77 per cent of the school-going 10-year-olds are virtually illiterate. These numbers showcase a nationa…
New Delhi, March 24 (IANS) The decision to enter another IMF funding arrangement has been a subject of continuous debate in Pakistan, as the country has already gone to the multilateral lending institution as many as 24 times for bailout packages to restore its macroeconomic vulnerabilities.Pakistan’s economy has been growing in a “stop-start” pattern as it improves for a while, with these IMF programmes bringing some stabilisation in the short-term, but then worsens again as there is no susta…
New Delhi, March 20 (IANS) A decision by Pakistan’s National Task Force on Energy and Power Minister Awais Leghari to merge several obsolete state‑owned generation companies into the National Power Parks Management Company has encountered resistance within the power bureaucracy, a new report has said.Despite these obsolete entities serving “little practical purpose beyond preserving bureaucratic hierarchies,” the task force’s directive remains unimplemented, the report from Business Recorder…
New Delhi, March 20 (IANS) A significant jump in oil prices — due to escalating geopolitical tensions in West Asia — has raised concerns over energy security and economic stability in import-dependent Pakistan, according to a report.According to Business Recorder, the ongoing conflict has intensified concerns over the safety of the Strait of Hormuz, a key shipping route that handles nearly 20 per cent of global seaborne oil trade.Pakistan remains particularly vulnerable due to its heavy relian…
New Delhi, March 18 (IANS) As Pakistan faces a deepening poverty crisis as per the latest government data, the country is actually facing “institutional poverty” — the absence of strong, predictable and resilient institutions that protect incomes, enable opportunity and absorb shocks, a new report has said.The Planning Commission of Pakistan revealed that monetary poverty has risen from 21.9 percent in 2018–19 to 28.9 percent in 2024–25, but the country is not only facing monetary pove…
New Delhi, March 13 (IANS) While Pakistan has enacted important legal protections for women in the workplace, the real challenge is enforcing those laws, with many organisations failing to establish functional inquiry committees or treating them as formalities, a new report has said.At an event organised by the Pakistan Institute of Labour Education and Research (PILER) on occasion of International Women’s Day, participants highlighted that fear of retaliation, social stigma and lack of trust …
Islamabad, March 12 (IANS) Retailers in big cities of Pakistan have raised prices of confectionery and other daily-use commodities, including fresh fruits, citing the recent rise in petroleum prices, although the majority of the shops were still selling existing stock purchased at older prices, local media reported on Thursday. This has raised serious concerns for the consumers. People said that shopkeepers started asking for higher prices for commonly consumed products like noodles, toothpaste,…