PBF VP urges political parties to agree on ‘economic charter’ KARACHI: Vice President of Pakistan Business Forum (PBF) Chaudhry Ahmad Jawad urged all political parties to agree ... Published 27 Dec, 2022 07:14am
Opinion Low foreign inflows The foreign exchange reserves of the SBP have plunged to $6,116 million as of 16th of December 2022. There has been ... Published 27 Dec, 2022 06:07am
Opinion After Covid-19, Ebola lockdowns drive Ugandan workers into debt Uganda motorbike taxi driver Charles Ssebale fears his vehicle could be repossessed at any moment, having failed to... Published 27 Dec, 2022 06:07am
Opinion Ending the assault of austerity and procyclical policy stance ‘The world is confronting multiple, compounding crises, from Covid-19, energy, inflation, debt, and climate shocks... Published 23 Dec, 2022 05:54am
Editorials Tougher times likely ahead for markets EDITORIAL: Yesterday, S&P Global cut Pakistan’s long-term sovereign rating by one notch to “CCC+” from “B”. The... Published 23 Dec, 2022 05:54am
Editorials Now ‘elite capture’ must end EDITORIAL: The date for the elections is under considerable debate with Pakistan Tehreek-e-Insaf (PTI), one of three... Updated 09 Dec, 2022 06:40am
Business & Finance Annual report on foreign assistance: Debt can be productive if used for creating assets: EAD ISLAMABAD: The Economic Affairs Division (EAD) stressed that a prudent external debt management strategy coupled ... Published 30 Nov, 2022 05:53am
Business & Finance Debt-hit China Evergrande sells land for $1bn BEIJING: Embattled property giant China Evergrande has sold land earlier earmarked for its headquarters in the... Published 29 Nov, 2022 07:26am
Opinion Investors warm to European corporate bonds after a brutal year Investors are moving back into the European corporate bond market after one of the most brutal years in history,... Published 24 Nov, 2022 04:28am
World Sri Lanka president, Chinese minister discuss debt restructuring MUMBAI: Sri Lanka’s President Ranil Wickremesinghe discussed restructuring of the country’s debt with the ... Published 17 Oct, 2022 05:57am
Pakistan Call to waive Pakistan’s debt for sake of flood-hit people LAHORE: “Caused by the climate crisis, Pakistan’s devastating floods have left a third of the country under ... Published 16 Oct, 2022 03:53am
Pakistan Pakistan seeks rescheduling of $27bn bilateral debt: Ishaq Dar International financial institutions have been ‘quite flexible’ with ways to meet Pakistan’s external financing needs, says Dar Updated 15 Oct, 2022 07:34pm
Opinion Pakistan in deep debt trap Pakistan’s precarious financial situation, persisting for the last many decades, has landed it into a deep debt... Published 14 Oct, 2022 03:39am
Pakistan Pakistan will 'absolutely not' default on debt despite floods: Miftah Ismail Finance minister says credit default risk has gone up, bond prices have fallen, but within 15 to 20 days, the market will normalise Published 18 Sep, 2022 10:05pm
Editorials Digital flood dashboard EDITORIAL: Planning Minister Ahsan Iqbal launched the digital flood dashboard on Monday, which is appreciated since... Published 14 Sep, 2022 04:45am
Opinion Super tax on banking industry – is it wise? Demanding higher returns on government treasury bills is nothing unusual. It is the right of the banks (and in fact... Published 18 Aug, 2022 05:27am
Pakistan Govt urged to avoid debt trap, not to sell strategic assets KARACHI: A large number of citizens and civil society members on Sunday demanded of the government to stop selling... Published 01 Aug, 2022 07:28am
Print G20 finance chiefs resolved on food security NUSA DUA, (Indonesia): The Group of 20 major economies’ finance chiefs on Saturday pledged to address global food... Published 17 Jul, 2022 05:19am
World Yellen says it’s in China’s interest to restructure Sri Lanka’s debt NUSA DUA: China is a “very important” creditor of Sri Lanka and it would likely be in the interest of both countries... Published 14 Jul, 2022 03:45pm
Editorials On debt restructuring EDITORIAL: A senior official of the World Bank has suggested changes in the laws of sovereign debts so that the... Published 04 Jul, 2022 06:17am
Business & Finance Moody’s says Russia defaulted on debt PARIS: Moody’s ratings agency has confirmed that Russia defaulted on its foreign debt for the first time in a... Published 29 Jun, 2022 05:44am
Supplements Make in Pakistan: Need for making the ‘Make in Pakistan’ slogan a reality TEXT: ‘Make in Pakistan’ is a visionary approach to overhaul our economy by industrialization and self-reliance... Published 25 Jun, 2022 04:42am
Pakistan Sherry holds PTI govt responsible for mounting debt, public accounts crisis ISLAMABAD: Pakistan People’s Party (PPP) Senator Sherry Rehman on Wednesday held the former government of Pakistan... Published 23 Jun, 2022 06:05am
Print Issuance of PIBs, Sukuks: MoF asks PD to coordinate with its Debt Wing ISLAMABAD: The Finance Ministry has asked the Power Division to coordinate with its Debt Wing for issuance of PIBs... Updated 17 Jun, 2022 10:01am
Budget 2022-23 PTI added highest debt, liabilities: Miftah ISLAMABAD: Minister for Finance and Revenue Miftah Ismail Sunday said the Pakistan Tehreek-e-Insaf (PTI) government... Updated 13 Jun, 2022 09:43am
Print US to let Eni, Repsol ship Venezuela oil to Europe for debt HOUSTON/WASHINGTON: Italian oil company Eni SpA and Spain’s Repsol SA could begin shipping Venezuelan oil to ... Updated 06 Jun, 2022 09:37am
Business & Finance Russia offers to settle debt disputes with creditors MOSCOW: Russia said Thursday it was ready to directly settle any disputes with its creditors after missing payments... Published 03 Jun, 2022 08:22am
Opinion Economic growth amid political instability Political instability is a serious impediment to economic progress. Not only does it shorten policymakers’ ... Published 02 Jun, 2022 06:19am
Markets S&P downgrades Chinese state-backed developer Greenland BEIJING: Ratings agency Standard & Poor’s on Monday downgraded Chinese state-backed property developer... Published 31 May, 2022 05:11am
Markets Russia eyes gas-for-roubles template for foreign Eurobond payments Russia is considering paying Eurobond holders by applying the mechanism it is using to process payments for its gas... Published 30 May, 2022 08:56pm