Pakistan debt

China, Pakistan claim CPEC is a success story, but is it for real?

No independent or third party assessment has been undertaken for the 10 year old China Pakistan Economic Corridor (CPEC) –…

9 months ago

Pakistan gets IMF breather, but economic crisis is here to stay

Finally, Pakistan has something to cheer about as it managed to clinch the much-needed bailout package of $3 billion supported…

10 months ago

Is Finance Minister Ishaq Dar the mascot of Pakistan’s crippled economy?

Pakistan’s Finance Minister Ishaq Dar will have to take much of the blame for the country’s deepening economic crisis. The…

11 months ago

Our education system cannot compete with India’s, says Pakistan ex-minister

Pakistan’s former Finance Minister Miftah Ismail has said that the spendings on education is neither sufficient nor is the amount…

12 months ago

Embattled Pakistan assures repayment of debt but facts show otherwise

Time is running out for Pakistan as the deadline to repay $3.7 billion inches closer. The country’s Finance Minister Ishaq…

12 months ago

As Pakistan burns, is it heading for a default in replay of the Sri Lankan crisis?

Exactly a year ago, Sri Lanka defaulted for the first time in its history. And now as Pakistan’s economic crisis…

12 months ago

Pakistan is seeking loans to avert default but bigger problems lie ahead

Pakistan’s economy is now being run almost entirely by borrowed money. Even as last week Pakistan managed to secure fresh…

1 year ago

S&P cuts Pakistan’s rating amid falling forex reserves

S&P Global Ratings further downgraded Pakistan’s long term sovereign credit rating to 'CCC+' from 'B-‘. Pakistan, foreign exchange reserves which…

1 year ago