Search For "pakistan debt"
Pakistan seeks debt relief from Paris Club creditors
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], September 24 (ANI): Pakistan Finance Minister Miftah Ismail has said that his country is seeking debt relief from bilateral Paris Club creditors in view of the devastating floods in the country which have claimed more the 1,500 lives.
Read More
Credit agency S&P cut Pakistan's credit outlook rating to negative
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], July 29 (ANI): As Pakistan's economy slumps to a new low, ratings by S&P Global, an American credit rating agency, has cut Pakistan's credit outlook to negative and markets think that Pakistan might soon follow Sri Lanka into debt default and economic crisis, media
Read More
Pakistan government's debt up by more than 15 per cent: Report
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 9 (ANI): Amid the worsening economic situation in the country, the Pakistan government's total debt has increased by 15.3 per cent in the first 11 months of the fiscal year FY22.
Read More
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
Read More
China avoids bailing out Sri Lanka, Pakistan as their debt deepens: Report
Updated : 4 years, 1 month ago IST
Beijing [China], April 15 (ANI): China is displaying reluctance in assisting with loan bailouts to Sri Lanka and Pakistan, which are facing severe economic and foreign debt crises even as the Asian giant was earlier keen on providing loans for various infrastructure projects in these countri
Read More
China creating new COVID strains in Pakistan: Expert
Updated : 4 years, 1 month ago IST
Beijing [China], April 14 (ANI): China is creating COVID-style pathogens in Pakistan that experts say has the potential to wipe out much of humanity.
Read More
Pakistan's public debt soars by PKR 18 trillion
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], April 6 (ANI): Pakistan's public debt has soared by over 18 trillion Pakistani Rupees (PKR) in the last three and a half years of the outgoing Imran Khan's government, which is more than the liabilities accumulated by any government in the country's history, a central b
Read More
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.
Read More
Pakistan faces public backlash over 'decades of begging' for loans, report
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], February 25 (ANI): Amid the release of a fresh tranche of loans from the International Monetary Fund (IMF), the Pakistani government is facing backlash from civil society, over the unending series of loans, a report said on Thursday.
Read More
Pak Finance ministry says debt burden is Rs 11.8 trillion higher than lega
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], January 26 (ANI): A report prepared by the Pakistan's Ministry of Finance showed that the federal government's burden was Rs11.8 trillion higher than legally allowed limit set by parliament and that some targets fixed under the debt management strategy were also breache
Read More
Pakistan's debt mounts over USD 15 billion, breaking previous year's recor
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], December 19 (ANI): Shattering the previous record of 10.45 billion US dollars, Pakistan took out 15.32 billion US dollars in new foreign loans in the fiscal year 2020-21, according to a new government report.
Read More
In a first, Pakistan's debt, liabilities cross PKR 50 trillion
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], November 25 (ANI): The total debt and liabilities of Pakistan have crossed 50.5 trillion Pakistani rupees (PKR), of which the addition of PKR 20.7 trillion is under the current government alone, official figures released on Wednesday informed.
Read More