Poor nations: UN says solutions exist to rapidly ease debt burden GENEVA: The heavy debt weighing on developing countries can be alleviated through readily available measures, the... Published 19 Apr, 2024 05:07am
Opinion Self-sufficiency versus loan dependence As Pakistan steps into critical discussions with the International Monetary Fund (IMF), it’s confronting immense... Published 18 Mar, 2024 04:56am
Print Sovereign dollar rally to two-year high LONDON: Pakistan’s sovereign dollar bonds gained as much as 3 cents on Friday, hitting their highest since early... Updated 09 Mar, 2024 10:23pm
Print EAD explains how borrowing can be productive Pakistan signs new agreements worth $642 million as commitments Updated 07 Mar, 2024 09:53am
Business & Finance Jul-Jan debt rises 6pc as govt borrowing continues Total domestic and external debt stocks reach Rs64.84 trillion at end of Jan 2024 Updated 06 Mar, 2024 10:54am
Opinion Challenging times With the unfolding of a new chapter in Pakistan’s checkered political history, the much turbulent and fought for... Updated 02 Mar, 2024 04:37am
Print Energy sector revolving debt has reached Rs5,422bn: minister ISLAMABAD: Caretaker Energy Minister Muhammad Ali on Tuesday said that total revolving debt of the energy sector is... Updated 28 Feb, 2024 10:12am
Print Pakistan to seek at least $6bn in new IMF loan programme NEW YORK: Pakistan plans to seek a new loan of at least $6 billion from the International Monetary Fund to help the... Updated 23 Feb, 2024 11:03am
Business & Finance Jul-Jan power sector circular debt soars to Rs2.635trn ISLAMABAD: Pakistan’s power sector circular debt has reached Rs 2.635 trillion during first seven months of... Updated 23 Feb, 2024 08:53am
Print Borrowing level of caretakers comparatively lower than PDM govt’s: MoF ISLAMABAD: The Finance Ministry has maintained that the domestic and external borrowings during the period of the... Updated 23 Feb, 2024 08:54am
Business & Finance Global debt hits new record high at $313trn: IIF LONDON: Global debt levels hit a new record high of $313 trillion in 2023, with developing economies scaling a fresh... Published 22 Feb, 2024 06:55am
Business & Finance Global debt hits new record high at $313 trillion: IIF Figure stood at around $210 trillion almost a decade ago Published 21 Feb, 2024 09:02pm
World Sri Lanka repays $20m Iranian oil debt with tea COLOMBO: Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its... Published 21 Feb, 2024 08:31pm
Pakistan All parties should work together for economic stability KARACHI: Petroleum and CNG industry leader, member of UBG Core Committee, Malik Khuda Bakhsh has urged all political... Published 13 Feb, 2024 05:59am
Business & Finance H1 debt stocks jump 7.14pc to Rs65.188trn YoY KARACHI: The federal government’s total debt (domestic and external) stocks rose over Rs 4 trillion during the first... Updated 13 Feb, 2024 08:56am
World EU agrees on looser fiscal rules to cut debt, boost investments BRUSSELS: EU member states and MEPs struck a preliminary deal on Saturday to ease the bloc’s stringent fiscal rules,... Published 10 Feb, 2024 06:20pm
Business & Finance Forex reserves fall by $165m KARACHI: The country’s total liquid foreign reserves fell by $ 165 million during the last week due to external... Published 10 Feb, 2024 05:48am
Business & Finance IMF debt dilemma looms after election: ex-SBP governor LONDON: The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election... Published 19 Jan, 2024 05:37am
Opinion Some important economic policy questions The first important policy question facing policymakers is how much role aggregate demand plays in determining... Published 22 Dec, 2023 05:22am
Print World Bank says external debt stocks at $126.942bn by end 2022 ISLAMABAD: The World Bank (WB) has estimated Pakistan’s total external debt stocks at $126.942 billion by end 2022... Updated 14 Dec, 2023 08:55am
Opinion PSX rally: don’t read too much into ‘tezi’ The stock market is booming. The KSE100 index posted a return of 60 percent this fiscal year to date, and the rally... Published 11 Dec, 2023 06:41am
Print Sukuk receives Rs479bn participation against Rs30bn target KARACHI: The first-ever auction for a one-year Government of Pakistan Ijarah Sukuk at the Pakistan Stock Exchange on... Updated 09 Dec, 2023 04:34pm
Print Debt servicing: CPHGCL urges CPPA-G to make Rs25.4bn payment ISLAMABAD: China Power Hub Generation Company Limited (CPHGCL) has urged Central Power Purchasing Agency–Guaranteed... Updated 09 Dec, 2023 04:34pm
Business & Finance Jul-Oct govt debt stocks increased by Rs1.641trn KARACHI: The federal government’s total debt (domestic and external) stocks increased by Rs 1.641 trillion during... Updated 06 Dec, 2023 08:40am
Business & Finance Sri Lanka announces nearly $6bn bilateral debt deal COLOMBO: Sri Lanka on Wednesday said it had reached an “agreement in principle” with its lenders, including... Published 30 Nov, 2023 04:53am
Business & Finance World Bank points out 6 major challenges facing economy ISLAMABAD: The World Bank Tuesday while pointing out six major challenges facing Pakistan’s economy has launched a... Published 29 Nov, 2023 05:09am
World IMF chief calls on Italy, France, Spain to ‘buckle up’ on debt PARIS: Italy, France, and Spain must do more to tackle rising debt and deficit levels, IMF chief Kristalina... Published 24 Nov, 2023 01:02pm
Print Economic growth has to be backed by structural reforms: Shamshad ISLAMABAD: Caretaker Federal Minister for Finance Dr Shamshad Akhtar has said political and economic instability... Updated 24 Nov, 2023 09:44am
Print Bonds rally to highest level in over a year LONDON: Hopes that more international financial support is on the way lifted Pakistan’s government bonds to their... Updated 21 Nov, 2023 08:49am
Print Forex reserves fall by $79m KARACHI: The country’s total liquid foreign exchange reserves fell by $79 million during the last week due to... Updated 17 Nov, 2023 08:39am