Debt crisis

China’s loans to Pakistan have grown manifold in the last 10 years. In June 2013, China’s loans to Pakistan stood at about $4 billion. By June 2017, the loans increased …

Trust deficit between the Shehbaz Sharif government and Pakistan’s business community is widening. For cash starved Pakistan, which is expecting to clock a GDP growth rate of a mere 0.29 …

Pakistan, which is going through its worst economic crisis with a repayment liability of $73 billion by 2025, would need to take “tough” decisions to reboot its economy and not …

Pakistan’s foreign exchange reserves held by its central bank has fallen by $294 million in a week to $5.821 billion – just enough to cover imports for a little more …

Pakistan’s economic crisis is deepening amid rising political and security uncertainty. Though the country managed to avert a default earlier this month, the challenges on the economic front are multiplying …

As Pakistan drastically slashed fuel prices, what will the International Monetary Fund’s (IMF) stand on the ongoing loan programme? Will the multilateral agency continue with the financial assistance programme for …

As Pakistan’s foreign exchange reserves held by its central bank fell to $6.7 billion during the week that ended December 2, Islamabad may have to look at restructuring its debt. …

Pakistan’s exit from the Financial Action Task Force’s (FATF) grey list has brought little cheer to the country’s economic managers even as estimates suggest that the cumulative real GDP losses …

<p> <strong>Much to the relief of Pakistan Prime Minister Imran Khan, the International Monetary Fund (IMF) approved disbursement of $1 billion as part of its $6 billion loan programme under …

<p> <strong>As China rolls out frantic measures to clean up bad debts in its local governments and their financing arms known as local government financing vehicles (LGFVs), non performing assets …

<p> <strong>Amid intense scrutiny and fast deteriorating economic situation, Sri Lanka averted a default repaying $500 million international sovereign bond (ISB) that matured on January 18. But the island nation, …

<p> <strong>Will Sri Lanka restructure its albatross-like external debt? After the country’s foreign exchange reserves dipped to $1.6 billion in November, it improved to $3.1 billion in December. But is …

<p> <strong>As the economic crisis deepens in Sri Lanka pushing the island nation on the brink of bankruptcy, scores of citizens are looking to relocate to other countries. Citizens, who …