Finance Minister, Miftah Ismail is criticized for being anti-business and corrupt seeking to crush small businesses.

“If you’re a business that bleeds a ton of money w/ no path to profitability, 2021 may have been your year, but certainly not in 2022."

Government has announced a raise in salaries and pensions and there is an increase in the minimum and maximum wages of the employees

As a response to the restrictions imposed by SBP, auto assemblers surprised its customers with tremendous price hikes

Inflation in Pakistan has reached a record high of 21.3 percent without adjusting for the increase in petrol, electricity and gas prices

Trade gap between China and Pakistan widens due to non-trade barriers and the country's reliance on China grows dramatically

Telecom operators warned to end mobile and internet services due to countrywide power outages as it is causing issues in their operations

Increase in fuel prices due to petroleum development levy by Rs10 on petrol and Rs4 on diesel to revive the IMF program

Pakistan aspired to attend the BRICS outreach event for emerging economies that was joined by Algeria, Argentina, Cambodia, Egypt, Ethiopia, Fiji, Indonesia, Iran, Kazakhstan, Senegal, Uzbekistan, Malaysia and Thailand. However, India through swift and deft diplomacy blocked Pakistan from the event. Reportedly, China being the chair of the event, agreed to India in keeping its ‘all-weather ally’ out from the event.

State Bank of Pakistan took notice of the growing illegal forex trading activity on online platforms such as OctaFX and Easy Forex.

Fuel prices in Pakistan are projected to rise due to planned implementation of a petroleum levy and sales tax on July 1, 2022

Rupee depreciation, increased taxes, and rising fuel prices have caused a major downturn in auto industry of Pakistan