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Govt set to pay $27.5b debt by Nov
Another IMF programme may be required to ensure smooth debt repayments
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Ministries violate cabinet directive
Release Rs131b to state-owned power companies without recovering dues
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Miseries of energy consumers continue to mount
Electricity, gas and oil prices go through the roof, forcing consumers to cough up billions
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Ethiopia defaults on debt payment
Ethiopia failed to make $33 million “coupon” payment on its only international government bond.
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Govt rejects absorbing PIA’s Rs263b debt
Proposes bank settlement with privatisation proceeds
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PSO receivables surge past Rs800 billion
Of total amount, Rs519b is to be received for LNG supplies
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IMF urges constitutional amendment for fiscal discipline
IMF recommends changes to curb govt’s grant authority, advocates special audit of past decade
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Investment in govt debt hits record
Banks inject 92% of deposits into T-bills and PIBs, leaving little for private sector
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Gas circular debt set to soar by Rs275b
Tariff hike ‘inevitable’ to avoid debt surge, Senate panel told
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ADB approves $659m financing for Pakistan
Funds allocated for resource mobilization, school rehabilitation, and agricultural productivity enhancement
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Govt, banks at stalemate over PIA debt restructuring
Finance minister rejects proposals, extends deadline for technical committee
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World Bank exposes vested interests
Warns against relying on debt structuring alone, says reforms being hindered
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‘Domestic debt restructuring will be painful’
Former central bank governor warns of pains to depositors, draws parallels with Sri Lanka’s struggle
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IMF sees $8b dip in debt in two years
Reduced CAD, restructuring initiatives with China drive projected decline
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FM warns of unsustainable debt
Says tackling debt position should be 'top priority' of reform agenda
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Forex reserves decline by 2.9% WoW
Reach $7.2 billion on account of debt repayment
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Moody’s lifts Italy’s debt outlook to stable
It gives unexpected boost to PM Meloni’s government
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Govt debt may soar to Rs81.8tr
IMF revises debt, interest cost projections due to slippages in expenditures
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Govt rejects Rs7.3b grant for PIA
IMF commitment drives decision as airline struggles with debt, legal disputes
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PIA cancels 349 flights in last two weeks
National flag carrier hit hard by fuel crisis
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Circular debt in gas sector frozen
Interim minister says step taken in wake of its price hike
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Power sector debt soars to Rs2.54tr
IMF review signals delays in energy deals, debt reduction measures
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PIA debt restructuring talks begin
Aim to keep struggling airline operational for six months with limited flights
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IMF sees large financing needs
Highlights risks due to Pakistan’s thin forex cover for debt repayment
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Junior officers deputed to DISCOs amid soaring debt
BS-17 officers told to report to companies for a period of 60 days
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Pakistan seeks $11b debt rollover
Engages in talks with China, Saudi Arabia to meet external financing needs
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Man killed for asking debtors for money
Suspects owed the victim Rs1.2 million
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PDM govt borrowed Rs907b in just one month
Major surge in debt came on external front with release of blocked financing
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Pakistan is in a debt (death) trap
The only way to escape it is to place an immediate moratorium on all debt repayments – interest and principal
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Debt servicing may consume Rs7.6tr
90% more than this fiscal year’s original budget set aside for interest payments
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‘Risks to public debt remain high’
Ministry warns that more shocks will keep debt above 70% until 2026
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K-P’s debt swells by Rs95 billion
Touches Rs454.35b mark after 26% increase
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Mounting debt triggers economic crisis: UN report
Says Pakistan in ‘polycrisis’ as external debt doubles in five years
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Debt relief sought for poor states
Lower-income country debt payments will hit 25-year peak in 2023
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Despite increase in tariff, circular debt skyrockets to Rs2.6tr
Average per month increase during Jul-Feb FY22-23 was Rs52.4 billion
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Centre spends ‘Rs710b’ on devolved ministries
WB says despite fiscal crunch huge spending contributing to higher public debt
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Rs103b sanctioned for circular debt
The first tranche of additional power subsidies worth Rs335b agreed with IMF
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Chinese debt trap ‘just a meme’: Ex-WB chief
Lauds China for economic development, poverty alleviation
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Debt sustainability indicators worsen
Finance Ministry report reveals external public debt rose significantly in the past six months
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Cost of debt servicing up to Rs3.18tr
Spending exceeds government’s net income, highlights need for debt restructuring
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Govt to borrow Rs7tr from banks in three months
Rs5.5 trillion to be used to return old maturing debt
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Crushing public debt
Unnecessary subsidies continue to be a drain, and the government still refuses to cut them to a sustainable
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Rs7.2tr added to debt from Jul-Jan
Reaches nearly Rs55 trillion, with debt burden increasing at the pace of 15%
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Debt Rs10.4tr higher than limit
Ministry says volatile exchange rate, high interest are reasons for increase
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World Bank promises debt ‘concessionality’
It comes as China asks global lenders to take haircuts on loans
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IMF flags debt restructuring hurdles
Banning private cryptocurrencies should be an option: Georgieva
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Centre plans DISCOs’ handover to provinces
Comes up with proposal on fears circular debt may jump to Rs3 trillion
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Impasse in talks with IMF on debt surcharge
Both sides agree to continue deliberations
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External public debt falls by $4.7b
Debt shrinks in dollar terms as foreign banks refuse to roll over loans
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Domestic debt to rise by Rs1 trillion
Govt to raise Rs6.72tr by selling debt securities to commercial banks