Pakistan debt

Amid escalating economic crisis, Pakistan’s debt surged by Pakistani Rupees (PKR) 4,304 billion in the first eight months of the current tenure, ARY News reported citing official documents. As of …

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 …

The Pakistani government’s efforts to reform its public sector enterprises (PSEs) have been marred by persistent challenges, as highlighted by recent fiscal data and international funding initiatives, Dawn reported. Despite …

No independent or third party assessment has been undertaken for the 10 year old China Pakistan Economic Corridor (CPEC) – the flagship of multi-trillion Belt and Road Initiative (BRI). Even …

Finally, Pakistan has something to cheer about as it managed to clinch the much-needed bailout package of $3 billion supported by a Stand By Arrangement (SBA) from the International Monetary …

Pakistan’s Finance Minister Ishaq Dar will have to take much of the blame for the country’s deepening economic crisis. The fourth finance minister to assume office in three years, Dar …

Pakistan’s former Finance Minister Miftah Ismail has said that the spendings on education is neither sufficient nor is the amount being judiciously. “India made five institutes of technology within 10 …

Time is running out for Pakistan as the deadline to repay $3.7 billion inches closer. The country’s Finance Minister Ishaq Dar has assured timely repayment of the debt – by …

Exactly a year ago, Sri Lanka defaulted for the first time in its history. And now as Pakistan’s economic crisis deepens amid its currency crashing against the US dollar with …

Pakistan’s economy is now being run almost entirely by borrowed money. Even as last week Pakistan managed to secure fresh financial assistance of about $4 billion from Saudi Arabia and …

S&P Global Ratings further downgraded Pakistan’s long term sovereign credit rating to ‘CCC+’ from ‘B-‘. Pakistan, foreign exchange reserves which are already under $7 billion level will continue to remain …