Sri Lanka's economic challenges amid Chinese pressure

Sri Lanka's total external debt exceeds USD 50 billion, with a significant portion, roughly 10 per cent, owed to China.

Pakistanis must throw out beggar's bowl: Army Chief

Pakistan's Army Chief Syed Asim Munir underlined the need to make the country self-reliant to end the dependency on...

Pakistan has to repay USD 2.44bn external debt in July 2023

According to official information made accessible to The News, Pakistan must pay back the Kingdom of Saudi Arabia...

Pak finance minister hints at 'Plan B' as IMF loan remains locked

While addressing the post-budget news conference, Dar ruled out any talks about restructuring external debt with...

China's actions exacerbating Pakistan's debt issue

By December 2022, Pakistan's external debt had reached USD 126 billion; accounting for 35 per cent of its GDP. The...

"Pakistan reeling from its worst economic, political crises"

Pakistan's Ministry of Finance has warned of challenges originating from uncertain external and domestic economic...

Pakistan listed among countries under enoumous debt stress

Economic and financial analyst Ateeq ur Rahman said that Pakistan needs to get rid of such circumstances as soon as...

Egypt planning to swap strategic assets with China

It is believed that Egypt's move to swap its debt with China for strategic assets could be a part of its plan to...

Kenya's President Ruto embraces West as ties with China strains

Since the new administration assumed office last September, Ruto's several visits outside Africa have largely been...

Pakistan govt's debt jumped by PKR 4 trillion in January 2023

Meanwhile, domestic debt rose to PKR 34.3 trillion by January end, 3.4 per cent higher than a month ago and around...

Pitfalls of Chinese investments in Sri Lanka

China's external lending and even private corporation's activities abroad are dictated by political considerations....

Pakistan's external debt servicing jumps by 70pc

In the first half of the fiscal year, Pakistan paid USD 10.21 billion in external debt servicing while in the same...