debt

IMF demands Pakistan to raise GST to 18%

Country moves toward deal-or-default endgame as IMF bargains conditions

Every citizen of Pakistan has Rs216,708 debt burden, blamed on wrong policies

Also discussed viable proposals aimed at bringing sustainability to the energy sector

Today, the cost of interest payments on debt is Rs4.8 trillion, 50% of our federal budget

Businessmen fear funding can put Pakistan under more debt burden

External debt servicing burden country faces today is one of the highest in the world

Currency free fall, high financing needs take debt to unprecedented highs

IMF does not require Cairo to cut spending on subsidies

Pakistan’s external debt repayment obligations stand at $73b in next 3 years

Debt mismanagement, rupee devaluation, high interest rates push debt to record high

New proposal to seek fresh Chinese loan to repay maturing bilateral debt during FY 2022-23 also under consideration

Finance Minister seeks rescheduling of $27 billion in bilateral debt

Report says serious debt crisis unfolding across developing countries

The nation has been loaded with 12 billion rupees debt in a year, and it is still counting

Dr Aisha Ghaus says Pakistan should get rid of reliance on lenders

The country has accumulated payouts beyond its budgetary capacity

The government has once again lifted the ban on import of non-essential and luxury items for reasons of exigency

Islamabad is an important ally and the kingdom would stand behind the South Asian nation, says Saudi minister

Will take cabinet’s nod for unlimited extension in drive to tap global capital markets

Finance ministry says debt burden is Rs11.8tr higher than legally allowed limit

Minister says much-need hard cash to help stabilise exchange rate

Finance ministry says depreciation, not borrowing, added 20% to public debt

Says if Congress does not act by Aug 2 Treasury Department will need to take extraordinary measures

Govt expects to spend Rs2.9tr on domestic and foreign debt in ongoing fiscal year

Eats up 82% of govt revenues, prompting steep cut in development budget

Country will also pay $3.8b to external creditors during last quarter of current fiscal

Seeks enforcement of law binding govt to limit public debt to below 60% of GDP

Already hard-pressed, the masses are in for further financial squeeze

Parliamentary secretary says govt to bring ratio down to 81% in 3 years

Finance ministry says it has shared more information than required under law

Senior economist Ashfaque fears total loans will reach $118b by June

Govts have borrowed from development organizations

Pakistan has long been borrowing money to service the money borrowed earlier, only to see the debt pile on and on

Beijing to provide $1.5 billion to repay $2b debt

Central government debt increases to Rs35.5 trillion by end-October

While public debt is important, the country must not be lost in these numbers

Worsened debt levels are largely due to Covid-19 pandemic

With no strategy in place to reduce debt, this government too will leave the country in a debt trap bigger than before

It is a welcome sign that G20 nations have struck a historic pact to restructure debt for low-income nations

'Aquaman' star recalled struggle to pay bills after his character was killed in the first season

Petroleum Division proposes issuance of Sukuk, other measures to eliminate circular debt

Out of 26 properties, 23 were auctioned that fetched Rs1.1b

Total debt and liabilities swell by Rs14.7 trillion in two years

A day after the IMF warned that global GDP would contract 4.4 percent in 2020

Finance ministry says debt accumulation slows down in second year of PTI govt

Under Imran's govt, the share of project financing shrinks to mere 6% of new loans

Economic Coordination Committee seeks report on total outstanding employee-related liabilities of PSM 

CDWP approves concept clearance paper for tax reforms in Punjab

Payments start after five-year grace period is set to expire