Search For "pakistan foreign debt"
Farmers to hold rallies for foreign debt write-off in Pakistan
Updated : 2 years, 5 months ago IST
Farmers in Pakistan will hold protests in a number of towns in the South Asian nation, urging international lenders to cancel loans to Pakistan and other developing nations and compensate Pakistan for economic losses brought on by climate change, according to Dawn.
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Pakistan set to face burden of PKR 7.3 trillion in next fiscal year: Repor
Updated : 2 years, 9 months ago IST
Initially, the Pakistani government had budgeted PKR 3.9 trillion to cover markup on loans for the ongoing fiscal year 2022-23. However, revised estimates have revealed that the spending on interest payments rose to PKR 5.52 trillion.
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State Bank of Pakistan's foreign exchange reserves plunge to 8-year low at
Updated : 3 years, 2 months ago IST
The plunge in forex reserve is a worrisome scenario as it will create problems in the repayment of its huge foreign debts.
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Imran Khan's erstwhile government procured USD 52 billion in loans
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 16 (ANI): The erstwhile Pakistan Tehreek-e-Insaf (PTI) government tops the list amongst the last four administrations in the country with the highest external borrowing of around USD 52 billion in its three-year rule, a media report said.
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Structural weakness of Pakistani economy driving away investors: Report
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 3 (ANI): The long-standing structural weakness of Pakistan's economy, aggravated by the global challenges of the COVID-19 pandemic and the Ukraine-Russia war, is scaring away the investors in the country, according to a media report.
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Pakistan's sinking economy needs fixing to undo damage done by Imran Khan
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 3 (ANI): Pakistan's sinking economy needs fixing to undo the damage left behind by the "player-playboy-turned-Islamist in democrat's garb Imran Khan" at the end of his three-and-a-half-year long misrule, reported a think tank, Policy Research Group (POREG).
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Pakistan: Political instability, policy paralysis exacerbating economic di
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 20 (ANI): Political instability and policy reform slippages are exacerbating the economic distress that Pakistan has been facing in the last few years according to a World Bank report.
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Amid economic decline, Pakistan faces USD 2.5 billion debt servicing oblig
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 9 (ANI): Amid a declining economy and political instability, Pakistan has to pay back foreign debt to the tune of USD 2.5 billion on account of principal and mark-up obligations during the ongoing quarter (April-June) of the current fiscal year 2021-22.
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Pakistan's foreign debt, liabilities continue to mount
Updated : 5 years, 1 month ago IST
Islamabad [Pakistan], February 21 (ANI): Pakistan's foreign debt and liabilities have mounted by USD 3 billion or 2.6 per cent during the six months period ended in December last year, the central bank's data showed earlier this week.
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