Concern shown over growing debt burden Published 26 Jan, 2025 02:54am KARACHI: The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and...
MoM basis: Sept debt stocks drop Rs792bn on SBP profit Updated 12 Nov, 2024 02:35pm KARACHI: The federal government’s total debt stock fell sharply by Rs 792 billion in September 2024, following the...
Public debt soars to Rs39.7trn, NA told Updated 17 May, 2024 12:39pm ISLAMABAD: The external debt was recorded at $86.36 billion and domestic debt was recorded at Rs39.7 trillion of the...
Borrowing level of caretakers comparatively lower than PDM govt’s: MoF Updated 23 Feb, 2024 08:54am ISLAMABAD: The Finance Ministry has maintained that the domestic and external borrowings during the period of the...
Rising debt servicing emerges as hindrance: Projection of cut in C/A deficit subject to certain risks Updated 01 Sep, 2023 09:11am ISLAMABAD: The government projection of a reduction in the current account deficit to US$ 3.7 billion is subject to...
Govt debt stocks hit all-time high of Rs59trn Updated 06 Jul, 2023 08:35am KARACHI: The federal government’s total debt stocks rose to an all-time high level of Rs 59 trillion at the end of...
One burger combo, please! Updated 12 Jun, 2023 07:08am Finance minister Ishaq Dar has been regularly claiming two things: One, Pakistan won’t default on its external ...
Foreign loans, debt servicing: Repayment revised upward by MoEA Updated 07 Jun, 2023 08:55am ISLAMABAD: The Ministry of Economic Affairs has revised upward by Rs402 billion repayment of short-term foreign loan...
Govt debt stocks rise to Rs58.6trn Updated 06 Jun, 2023 08:47am KARACHI: The federal government’s borrowing from domestic and external resources rose by 22.5 percent during the...
A possible way forward–I Published 03 Apr, 2023 06:36am Pakistan today is perilously close to declaring its inability to settle its external debt obligations. Default. What...
Shape up or ship out! Published 12 Mar, 2023 05:55am For the past few months, there has been significant concern and consternation over the possibility of a Pakistani...
Debt, liabilities rise to historical-level of Rs63.9trn Updated 17 Feb, 2023 08:48am KARACHI: The country’s total debt and liabilities rose to a historical level of Rs 63.9 trillion at the end of the...
SBP’s reserves slip to $3bn Updated 03 Feb, 2023 08:54am KARACHI: The country’s total liquid foreign exchange reserves further fell by $711 million during last week due to...
Debt, inequality and austerity Published 20 Jan, 2023 06:44am ‘In most western countries, inequality is rising, and social mobility has stalled. Our citizens are losing...
Fraught present, unknown future Updated 20 Jan, 2023 02:33pm EDITORIAL: The country is fast approaching a point of no return. If the economy is forced upon a default on its...
Economy: EAG underscores need for reforms Updated 07 Jan, 2023 08:48am ISLAMABAD: The Economic Advisory Group (EAG) has called for necessary reforms to transform Pakistan into a globally...
2023: Disappointments & hopes Updated 30 Dec, 2022 06:45am Year 2022 is bidding farewell to Pakistan leaving behind some unpleasant memories, natural disaster in the form of...
Ishaq Dar’s address: misplaced optimism? Published 30 Dec, 2022 05:50am EDITORIAL: Federal Finance Minister Ishaq Dar gave an impassioned virtual address to mark the first listing of the...
S&P cuts rating on weakening of several metrics Updated 23 Dec, 2022 09:04am Rating agency states that Pakistan’s already low foreign exchange reserves would remain under pressure throughout 2023
Forex reserves stand at $6.7bn Published 16 Dec, 2022 07:31am KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves did not record any major change during the...
Looming sovereign default rhetoric Published 14 Dec, 2022 05:57am Expectedly, the prime minister Shehbaz Sharif and his economic czar Ishaq Dar have squashed the talk or speculation...
FX reserves may rise in H2FY23: All debt repayments on track, says SBP governor Updated 09 Dec, 2022 09:30am KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad Thursday said all debt repayments are on track and the...
IMF programme: Govt remains committed, Dar tells Nong Updated 07 Dec, 2022 09:53am Finance minister says negotiations for ninth review are at an advanced state
Floods in Pakistan: Restructuring of external debts on soft terms needed: FPCCI Published 24 Sep, 2022 03:49am KARACHI: President FPCCI Irfan Iqbal Sheikh said that all bilateral and multilateral external debts of Pakistan need...
Economy: bleak scenario Published 24 Jun, 2022 06:15am Our current grim economic situation is a result of multiple factors—undoubtedly some decisions/inactions by the...