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Amid worsening economic crisis, Pakistan's debt surges by PKR 4,304 billio
Updated : 1 year, 5 months ago IST
The domestic debt rose by PKR 4,556 billion during the period, while foreign debt decreased by PKR 251 billion, according to ARY News.
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Pakistanis struggle with monthly expenses: 60 pc urban population cut back
Updated : 1 year, 9 months ago IST
According to a recent study by Pulse Consultant, of those currently struggling to make ends meet, 60 per cent have had to cut back on essential expenses, including groceries, while 40 per cent have resorted to borrowing money from their acquaintances.
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74 pc Pakistanis unable to meet expenses; 10 pc doing two jobs: Report
Updated : 1 year, 9 months ago IST
The survey of Pakistan, a country with roughly 240 million population, also highlighted that more than half, 56 per cent, of those who are just managing to cover their expenses, are unable to save any money after meeting their basic needs.
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Pakistan ministers in China, plead for debt relief
Updated : 1 year, 10 months ago IST
The Pakistan ministers requested an eight-year extension for repaying energy debt, converting US dollar-based interest payments to Chinese currency, and reducing overall interest rates for both CPEC and non-CPEC Chinese-funded projects,
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IMF urges crisis-hit Sri Lanka to decide on debt restructuring, including
Updated : 2 years, 12 months ago IST
China's role as Sri Lanka's main creditor has drawn global attention, as the delay caused by China in obtaining the IMF bailout is being closely monitored and questioned. Similarly, China, being a major creditor of Sri Lanka, closely observes other countries' actions regarding an IMF bailout
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"India helped Sri Lanka more than any other country" Sri Lankan foreign mi
Updated : 3 years, 2 months ago IST
While the Indian government took some bold decisions to help the country tide over its economic crisis, even the Indian public came forward to support Sri Lanka, the country's foreign minister said in the podcast released on Tuesday.
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'US must show some sincerity, actually do something to help Sri Lanka': Ch
Updated : 3 years, 3 months ago IST
After US Under Secretary of State for Political Affairs Victoria Nuland during her visit to Sri Lanka said that the terms extended by China to Colombo for IMF debt relief are not enough, the Chinese Foreign Ministry has now retaliated saying that rather than commenting upon Beijing's ties wi
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Sri Lanka to seek IMF-supported program to manage debt repayment
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], March 21 (ANI): Amid the ongoing economic crisis, Sri Lanka is seeking the help of the International Monetary Fund (IMF) to restructure its unsustainable debt with Finance Minister Basil Rajapaksa's visiting Washington next month.
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Pakistan's economic struggle continues under Imran Khan's PTI government
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], January 20 (ANI): Pakistan economic struggle has started to increase under Imran Khan's Pakistan Tehreek-e-Insaf (PTI) compounding with the increase in domestic inflation rates and external loan defaulting.
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Imran Khan govt to raise power tariff amid increasing IMF debt
Updated : 5 years, 4 months ago IST
Islamabad [Pakistan], January 15 (ANI): Despite an outcry by its citizens over massive blackout recently, Imran Khan government on Friday has once again planned to raise the power tariffs amid increasing IMF debt.
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