According to the World Bank report “Food Security Update”, flooding has exacerbated previously high levels of food insecurity in Pakistan.

The Pakistan Stock Exchange fell for the fourth straight session this week as investors responded to the US Fed hiking the key interest rate.

The country's current account deficit shrank by 19% in the first two months of fiscal year (FY23) due to lower imports and higher exports.

The Asian Development Bank (ADB) said that it is working on a relief package for Pakistan, which is dealing with severe floods.

Oil prices steadied on Tuesday on concerns that further US interest rate hikes this week to tame inflation will curb economic growth.

On Tuesday, Pakistani rupee nosedived against the US dollar in the interbank market in the range of 238-239.

Pakistan will “absolutely not” default on debt obligations despite catastrophic floods, the finance minister said on Sunday,

Pakistan can acquire oil from Russia on a deferred payment basis, following a meeting between Shehbaz Sharif and Putin.

According to PBS statistics, flour is being sold for Rs120/Kg in Quetta, with a spike of Rs480 per 20Kg in the last 15 days.

Increased rates of electricity which are unfavorable for the industry are resulting in manufacturers shutting down to avoid hefty losses.

MirMak mentioned that most of the experts have come to a conclusion that a collapse is just around the corner.

According to Arif Habib Limited, trade deficit dropped by 17 percent on year-on-year basis during August 2022.