Economic crisis

ISLAMABAD: ECC approved the increase in discretionary spending of parliamentarians to Rs90 billion, in complete disregard of the looming economic meltdown. The allocation includes Rs844 million for the renovation of …

ISLAMABAD: Pakistan’s renowned economist and former finance minister Dr Hafeez Pasha today said that the value of Pakistani currency can fall to Rs 295 by the end of 2023. He …

Sri Lanka has decided to reduce the strength of its army by a third in phases. At present, total Sri Lankan army personnel are around 317,000 which will be slashed …

He went on to say that the numbers reflected the “lowest-ever confidence in the imported government”.

Daily life has become a struggle for most Sri Lankans as the price of many basic food items have skyrocketed due to limited supply.