As Pakistan grapples with an ongoing economic crisis, the World Bank has issued a stark warning: the country's current economic model is no longer effective in reducing poverty. Najy Banhassine, the World Bank’s Country Director for Pakistan, pointed out that the nation's policy decisions are heavily swayed by a coalition of strong vested interests. “It is also facing a ‘silent’ …
Nazim Malik pulled out his children from a private English-medium school and enrolled them in a government-run Urdu school because he can no longer afford their fees amid the spiralling inflation that has made life miserable for most Pakistanis who are now worried about two meals a day for their families. Cash-strapped Pakistan's economy has been in a free fall …
Islamabad: With almost all vegetable prices soaring past the three-digit after the gigantic above 40 per cent food inflation, locals in cash-strapped Pakistan have now started opting for ‘high quality’ products smuggled from Iran, which is readily available at slightly cheaper rates in cities like Rawalpindi and Islamabad. Several vendors in Rawalpindi and Islamabad have put up dedicated spaces for …
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