debt

Pakistan govt debt reaches record high of Rs 70.36 tln

KARACHI: Pakistan’s central government debt has surged to an all-time high of Rs 70,362 billion,… Read More

Pakistan has one-year debt rollover commitments from key lenders: Bloomberg

KARACHI: Pakistan has secured commitments from China, Saudi Arabia and the United Arab Emirates to… Read More

Debt-ridden man puts his ‘son on sale’ to pay dues

In a shocking incident, a debt-ridden man in India was forced to put his minor… Read More

Debt-laden companies can fail en masse in 2024; here’s why

Debt-laden companies across Europe, Middle East and Africa face a $500 billion refinancing scramble in… Read More

Pakistan’s debt reaches Rs 64 tr: SBP

KARACHI: The total debt and liabilities of Pakistan has reached to Rs 64 trillion, a… Read More

US concerned about debt Pakistan owes China, official says

The United States is concerned about debt owed to China by Pakistan and other countries,… Read More

World Bank chief says poorest countries owe $62 bln on bilateral debt

WASHINGTON: The world's poorest countries now owe $62 billion in annual debt service to official… Read More

VIRAL: Man tied to bike and dragged for not paying debt

A young man from Odisha India was tied to a motorbike and dragged for over… Read More

US extends debt relief to Pakistan after floods

ISLAMABAD: Washington on Friday rolled over an agreement to suspend service payments on $132 million… Read More

US, Pakistan and other countries mired in high debt

Pakistan is not the only country that suffers high levels of debt that has become… Read More

Opinion: In default zone

Financial crunch is now a global issue and many countries have almost reached the tipping… Read More

Little left to allocate for development projects in FY-2022-23 budget

Finance Minister Miftah Ismail presented the budget for the financial year 2022-23 (Budget 2022-23) in the National… Read More

Saudi Arabia: Azmeel’s creditors approve $2 bln debt restructuring

Creditors of Saudi Arabia’s Azmeel Contracting Co, one of the kingdom’s five biggest builders, have… Read More

Pakistan’s debts stand at Rs41,000 billion, Senate informed

ISLAMABAD: The finance ministry on Friday presented statistics regarding the external and domestic debts of… Read More

Pakistan’s debt stands at Rs38,697 bn in June 2021: SBP

KARACHI: State Bank of Pakistan (SBP) on Monday said that the country's debt has soared… Read More

Loans acquired to pay previous debts, not for buying properties: Hafeez Shaikh

The previous government's policy to lower the dollar rate intentionally had hurt the country's economy… Read More

ECC approves $142 million to pay off debt on Roosevelt Hotel

The Economic Coordination Committee (ECC) had approved $142 million funds for paying off debt on… Read More

Debt burden on economy rises amid COVID-19 pandemic: Finance ministry

The debt burden on the economy has reached upto 87.2 percent. Read More

Pakistan to pay entire debt on Roosevelt Hotel

The move is aimed at avoiding borrowing further loans to run affairs at the Roosevelt… Read More

World Bank, IMF urge debt relief for poorest countries

In a joint statement, the institutions called on official bilateral creditors to immediately suspend debt… Read More