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Debt

  • Economy

    Pakistan’s financial mismanagement continues, debt per person alarmingly high

    by ANI September 21, 2024
    by ANI September 21, 2024

    The average debt owed by every Pakistani citizen has reached a staggering high. Notably, the current severe situation of finances for the country is due to a habit of successive …

  • Economy

    Pakistan’s total debt to reach PKR 79 trillion by June 2025: Report

    by ANI July 20, 2024
    by ANI July 20, 2024

    The Shehbaz Sharif-led Pakistan government unveiled a three-year economic plan, which aims to increase the share of provinces in the federal budget from 39.4 per cent to 48.7 per cent …

  • Economy

    Pakistan’s image touches rock bottom, lenders disappear to fund troubled Republic

    by Mahua Venkatesh April 12, 2023
    by Mahua Venkatesh April 12, 2023

    Amid rising debt levels in Pakistan, it seems that the country’s Finance Minister Ishaq Dar has only one key task —to be able to secure further loans or resume the …

  • Economy

    Pakistan currency touches all-time low after Saudi, IMF look the other way

    by Mahua Venkatesh April 4, 2023
    by Mahua Venkatesh April 4, 2023

    Aid from Saudi Arabia into Pakistan is thinning amid changing global geopolitical order. The West Asian nation is now changing its stance by clamping up on offering “blank cheque” aid …

  • Economy

    Karachi based economist asks Shehbaz Sharif to draw lessons from India to manage soaring debt

    by Mahua Venkatesh March 9, 2023
    by Mahua Venkatesh March 9, 2023

    Pakistan’s debt under Prime Minister Shehbaz Sharif has continued to rise and rise at a pace of 15 per cent. Between July—the beginning of the new financial year in Pakistan– …

  • Economy

    China’s growth projections sink further amid Covid surge

    by Mahua Venkatesh December 22, 2022
    by Mahua Venkatesh December 22, 2022

    China’s economy is going through one of its most uncertain phases amid a surge in Covid cases. On one hand economic activities have slumped and on the other there has …

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