Skip to content
- The World Bank has termed Pakistan as the weakest economy in South Asia. According to the World Bank’s Global Economic Prospects report, Pakistan’s economic growth rate will be only 1.7% this year.
- The International Monetary Fund (IMF) has postponed a decision on approving two loans of $ 1.1 billion due to not making necessary reforms.
- According to a report, the Government of Pakistan had sought help from the IMF, but in lieu of this, the IMF placed a condition of increasing the prices of petrol and diesel.
- In view of elections this year in Pakistan, the Shehbaz Sharif government does not want to increase the prices of fuel.