Search For "external debt"
Pakistan's economic condition continues to deteriorate due to 'deep debt'
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], May 27 (ANI): Pakistan is one of the fifty-two countries facing a severe debt crisis and the repayment and servicing of external debt are amongst the most severe issue faced by the country.
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Pakistan's foreign exchange reserves hit all-time low since December 2019
Updated : 4 years ago IST
Karachi [Pakistan], May 13 (ANI): Trade deficits and increasing current account coupled with dried up dollar inflows, and external debt payments have resulted in an alarming dip in Pakistan's foreign exchange reserves, plunging to a record low since December 2019.
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Sri Lanka declares state of emergency amid protest over economic crisis
Updated : 4 years ago IST
Colombo [Sri Lanka], May 7 (ANI): The crisis-hit Sri Lanka on Friday declared a state of emergency after the crippling strike and protest over the external debt for the second time in five weeks.
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Restructuring of Sri Lanka's domestic debt not on top priority: Central Ba
Updated : 4 years ago IST
Colombo [Sri Lanka], April 29 (ANI): Sri Lanka's central bank governor has said domestic debt in the form of government securities and development bonds will not be restructured as restructuring external debt is a top priority for the island nation.
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Pakistan's reckless economic policies responsible for massive debt servici
Updated : 4 years ago IST
Islamabad [Pakistan], April 26 (ANI): Pakistan's reckless economic policies and excessive overspending, mainly during former Prime Minister Imran Khan's regime, have led to unprecedented pressure on the country's debt servicing and are exasperating the ongoing economic crisis, a media report
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Pakistan's constitutional crisis to adversely affects its economy, say ana
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], April 5 (ANI): The ongoing constitutional crisis in Pakistan amid the dissolution of the National Assembly by Imran Khan can adversely affect the fragile economy of the country.
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External debt rises by 20 pc in Pakistan in FY22
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], February 26 (ANI): Pakistan government's external debt rose by a massive 20 per cent in the first half of the current fiscal (2021-22), to reach a high of Rs 21 trillion in December 2021.
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India to help Sri Lanka with USD 2.4 billion to overcome financial crisis:
Updated : 4 years, 4 months ago IST
New Delhi [India], January 20 (ANI): As Sri Lanka is facing a serious financial crisis, India has stepped up and pledged a whopping USD 2.415 billion to the island nation to help overcome dire financial constraints caused by external debt payments and a lack of US dollars in the country for
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Amid rising external debt of Pakistan, Imran Khan launches Pak-China Busin
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], January 3 (ANI): As the opposition parties intensified criticism against Pakistan's ruling party over widespread inflation and rising debts, Prime Minister Imran Khan has launched Pakistan-China Business Investment Forum aimed at facilitating investment between the t
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Pakistan entering New Year with severe issues including unemployment, heal
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], December 31 (ANI): Pakistan's struggle of maintaining its financials seems to get no relief ahead of New Year -2022 - as Islamabad topped the list of 10 countries with the highest external debt and facing waste of national resources, burgeoning population, rising unempl
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Pakistan economic woos increased by fiscal deficits, flawed monetary polic
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], December 29 (ANI): Pakistan economic woos has been increased by huge fiscal deficits and failure in implementing robust monetary policy thereby unable to negate its external debt obligation coupled with depleted international reserves.
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Pakistan among top 10 countries in list of largest external debt stocks
Updated : 4 years, 7 months ago IST
Islamabad [Pakistan], October 12 (ANI): Pakistan is among the top 10 countries that possess the largest external debt stocks and became eligible for the Debt Service Suspension Initiative (DSSI) in the aftermath of the COVID-19 pandemic, said World Bank report.
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