No Result
View All Result
Tuesday, July 1, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Showbiz
    Mahira Khan

    Mahira Khan speaks out against India’s restrictions on Pakistani artists

    File photo

    Post-mortem report of Shefali Jariwala reveals heart attack as cause of death

    JioHotstar has released the teaser for Sarzameen, starring Prithviraj Sukumaran, Kajol, and Ibrahim Ali Khan in a powerful patriotic thriller.

    Is Ibrahim Ali Khan & Kajol’s ‘Sarzameen’ anti-Pakistan?

    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Showbiz
    Mahira Khan

    Mahira Khan speaks out against India’s restrictions on Pakistani artists

    File photo

    Post-mortem report of Shefali Jariwala reveals heart attack as cause of death

    JioHotstar has released the teaser for Sarzameen, starring Prithviraj Sukumaran, Kajol, and Ibrahim Ali Khan in a powerful patriotic thriller.

    Is Ibrahim Ali Khan & Kajol’s ‘Sarzameen’ anti-Pakistan?

    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Opinion & Editorial Editorial

Another one bites the dust

Editorial by Editorial
July 29, 2022

The downslide in the wake of the price spiral and war over Ukraine not only affected Pakistan, but another one is down as Bangladesh has moved to the International Monetary Fund, in a desperate attempt to ward off balance of payments. Dhaka apparently is eager to seek a credit line of $4.5 billion as its forex reserves take a dip. It says that the rising energy prices and a power outage at home, coupled with monsoon flash floods has impacted its economy adversely. 

The regression owing to regional upheavals is in need of being studied, as Bangladesh is just a recent addition to a long list of Asian states who are at the brink of disaster. From Sri Lanka to Pakistan, and from Nepal, Maldives, Afghanistan to India, the problem is how to keep their currencies stable in the backdrop of dollars’ surge.

The unprecedented increase in fuel and food prices, and the inability to cut non-developmental expenditures in many of these developing countries is taking them down. The war in Ukraine has simply doubled the jeoprady of Bangladesh and forced it to knock the door of the international lender.  

Bangladesh’s slide is quite unfortunate. Governmental estimates say the country will lose around $10 billion in reconstructions as it overcomes climatic destruction. Moreover, the critical slump in exchange rate, as well as reserves from $45 to $39 billion within weeks, is alarming.

The country, likewise, witnessed a gradual decrease in the inflow of remittances owing to pandemic constraints and the ever-changing mosaic of the job market in the Mideast. Is the IMF option viable? The conditionalities that the Washington-based donor will impose on the South Asian state will be hard to bear and, moreover, act as a stumbling block on the path of self-reliance that the country has successfully been treading for years.

ShareTweetSendShare
Previous Post

NA speaker accepts resignations of 11 PTI’s MNAs

Next Post

Playing both sides

Related Stories

Opinion

Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World

June 29, 2025
Opinion

A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances

June 28, 2025
Opinion

“Run Lola Run” – More than a movie to cultural bridging

June 27, 2025
Opinion

Ceasefire or a Smokescreen? The US-Iran Next Dialogue of Disillusions

June 26, 2025
Opinion

Israel-Iran War and Supply Chain of World Economy

June 25, 2025
Opinion

Unleashed Modern-day Holocaust and the Global Collapse

June 23, 2025
Opinion

Firestorm in the Middle East: Global Stakes on Exploding Frontlines

June 19, 2025
Opinion

A Celebration of Shared Struggle and Future Aspirations

June 17, 2025
Opinion

A Strategic Leap, Not Just A Flight

June 16, 2025
Opinion

Russia Day 2025

June 15, 2025
Next Post

Playing both sides

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

Forex rates in Pakistan today
Business & Stock

Only five free transfer per month as SBP revises remittance rules

by MM News Staff
July 1, 2025
Top News

Earthquake tremors jolt Lahore, other Punjab cities

by MM News Staff
July 1, 2025
Mahira Khan
Film & TV

Mahira Khan speaks out against India’s restrictions on Pakistani artists

by MM News Staff
July 1, 2025
History
Business & Stock

PSX makes history on first day of fiscal year, sets all-time high

by MM News Staff
July 1, 2025
Attack on Gaza
Top News

Israel attacks Gaza again: 95 Palestinians martyred, death toll exceeds 56,000

by MM News Staff
July 1, 2025

Opinion

Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
munir ahmed oped
“Run Lola Run” – More than a movie to cultural bridging
June 27, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

(File Photo)
Top News

Weather forecast for Karachi today

by MM News Staff
June 30, 2025

The Pakistan Meteorological Department (PMD) has predicted partly cloudy and humid weather for Karachi...

Rain

Monsoon showers hit Karachi, more rain expected in coming hours

June 28, 2025
file photo

Showers continue across Karachi, bringing relief from the heat

June 27, 2025
file photo

Will Karachi receive more rain today?

June 27, 2025
See all

Prices

Foreign Currency Rates
Business & Stock

Foreign currency exchange rates in Pakistan, 1 July 2025

by MM News Staff
July 1, 2025

Foreign exchange rates significantly influence both global and local economic landscapes. They affect everything...

Gold Prices

Gold prices surge in Pakistan, following global uptrend

July 1, 2025
Petroleum Price in Pakistan

Petrol price in Pakistan sees major hike amid inflation pressure

July 1, 2025
Online/File photo

Govt end electricity duty from power bills

June 30, 2025
See all

Transport News

(APP)
Transport

Rs150 billion approved to make Rawalpindi a ‘signal-free’ city

by MM News Staff
June 29, 2025

The Punjab government has approved a record-breaking development package worth Rs.150.0 billion for Rawalpindi...

file photo

Pakistan set to launch train service from Lahore to Russia next month

June 29, 2025
Maryam Nawaz

Maryam Nawaz orders 240 electric buses for South Punjab districts

June 28, 2025

Two planes avoid major accidents following bird strikes at Karachi airport

June 27, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.