Claim: A study shows that street vendors in Pakistan earn more than people with ‘regular jobs’. Fact: The claim is false as the study it refers to does not make any comparison between the income of street vendors and that of people with more regulated or formal employment. Between 21 and 24 October […]
Claim: Pakistan International Airlines (PIA) has successfully cleared all its liabilities, debts, and arrears ahead of privatisation. Fact: Pakistan International Airlines (PIA) has not cleared its liabilities and debts. PIA itself released a statement clarifying that its debts have not been cleared. On 3 April 2024, Economy.pk published an image (archive) on their Instagram page […]
Claim: The economy of Pakistan has shrunk from 6.1% to 0.3%. Fact: The economy of Pakistan has not shrunk or entered a negative region but registered a comparatively lower GDP growth rate of 0.3%, as opposed to 6.1% earlier, indicating that it has experienced a slowdown. On 25 May 2023, the Express Tribune published a […]
Claim: Federal Minister for Finance and Revenue Ishaq Dar was in Qatar on 25 January. Fact: While Dar had flown to Doha to meet with his Qatari counterpart, he was back in the country on 25 January. On 25 January, economist and writer Yousuf Nazar tweeted that he believed Pakistan’s finance minister Ishaq Dar was […]
Claim: A graph shared in a viral tweet shows the rate of inflation in Pakistan along with the level of media outcry about inflation under the PTI government vs the PDM government. It claims that the media disproportionately created an outcry about inflation under the PTI government, as compared to the growing inflation under PDM […]
Claim: Official PTI handles, digital media outlets, and think tanks have uploaded congratulatory messages to their social media pages claiming Pakistan has been removed from the Financial Action Task Force (FATF) grey list. Grey list-designated countries are those which are required to make commitments to take stronger measures against the financing of criminal activities such […]
Claim: Pakistan is the fourth most expensive country in the world according to a report by The Economist magazine. Fact: Pakistan is not the fourth most expensive country in the world, nor has The Economist reported that. The Economist is a highly reputed weekly magazine that publishes economic and political news for a global audience. […]