Karachi [Pakistan], July 7 (ANI): Pakistan's public debt has increased by over eight per cent in 11 months of the fiscal year ended in June due to increased government borrowing to meet the spending requirements during the COVID-19 pandemic according to government data.
Islamabad [Pakistan], May 30 (ANI): Bankrupt Pakistan's debt problems seem to be escalating as it is all weather-ally China has declined to restructure USD 3 billion in liabilities.
Islamabad [Pakistan], April 20 (ANI): As Pakistan's financial debt continues to mount, the World Bank has set tough conditions for USD 1.5 billion lending such as an increase in electricity rates, introduction of new power and tax policies, putting the Imran Khan-led government in a tight sp
Islamabad [Pakistan], April 12 (ANI): Pakistan is hoping to get around USD one billion relief from G-20, the Pakistan Economic Affairs Ministry said on Saturday.
Islamabad [Pakistan], March 23 (ANI): Even as Pakistan's foreign debt and liabilities continue to mount, its reliance on foreign commercial loans has been increasing at rapid pace as the country obtained USD 3.110 billion through this head out of a total of USD 7.2 billion external loan infl
Islamabad [Pakistan], March 21 (ANI): A debt-ridden Pakistan has received a total of USD 7.21 billion in total external inflows from multiple financing sources during the period of July 2020 to February 2021, according to a report by Foreign Economic Assistance.
Islamabad [Pakistan], July 6 (ANI): Pakistan will sign its debt relief agreement with G20 countries separately before the deadline of December 31, 2020, in order to avail debt relief of slightly over USD 2 billion (Rs 335 billion) to mitigate negative effects of COVID-19 pandemic, as per med
Islamabad [Pakistan], Apr 15 (ANI): The International Monetary Fund (IMF) would delay the bailout package to debt-ridden Pakistan as the global money lender has sought details about China-Pakistan Economic Corridor (CPEC), and demanded a written guarantee that it will not use the aid to repa