debt

Move aimed at ensuring proper scrutiny of the files and recommendations

Payments to creditors in last quarter are likely to further stretch official foreign currency reserves

Shah Mehmood Qureshi reiterates PM Imran Khan's call for debt relief

WB, IMF will also seek endorsements for the proposal at their combined meetings in April

Shah Mehmood Qureshi says alleviating financial burden will help struggling counties cope with COVID-19

World Bank says Pakistan could not implement budget support aid for reforms in financial sector

Estimates debt level will swell 100% to Rs47.6tr in five years

However, cumbersome procedures for public procurements need to be waived

Most of the selling was made in past one month

MPC minutes show economic growth will remain low this year

Debt growth slows due to stable exchange rate, better non-tax revenues

SBP says measures in place to reduce risk of outflow, take maximum benefit of investment

The high policy rate of 13.25% is said to be killing business, making the interest cost of govt debt unbearable

Move comes due to spike in interest rates, refinancing risks of external debt

Decision put off due to lack of progress on some agreed prior conditions

Major inflows come from ADB, China amid criticism from World Bank

Pace of drop in deficit slows as govt eases import curbs to step up economic activities

Pakistan’s debt and liabilities increased only 2% to Rs41tr in Jul-Dec 2019

There is a need to rationalise the disproportionate expenditure of the federal government

Amount raised will be used to pay off some dues of energy firms

World Bank says ADB is pushing billions of dollars into fiscally challenging situation in Pakistan

IMF delegation will be informed about the progress made on set targets

Pakistan local currency bond yields rise 10 to 30 basis points in auction

Sans solutions, we would at least expect better excuse

Country will continue to make more borrowing to service current debt

Finance ministry says other factors to blame for 40% increase in debt

PTI govt's Fiscal Policy Statement shows 28% rise in per capita debt at the end of FY19

Loan will fund business plans for projects in 7 cities

Reduction will lead to Rs360-400/bag decline in urea prices

Business community meets prime minister to discuss hardships

Ministry of Finance says net increase in external debt in 1HFY20 is $1.7 billion instead of $5.5 billion

FO spokesperson says total debt of project is $4.9 billion which is just a fraction of country's entire loan

Non-project loans increase to 84% of total receipts

Former central bank governor calls for legally defined mechanism for using foreign exchange reserves

External debt peaks at 159% of total reserves at the end of last fiscal year

The ban comes into effect on April 14

Too bad that Argentina — fresh from the IMF oven — reconfirms the trade-off between austerity and growth

UAE backs peaceful resolution of disputes in South Asia

May impose additional taxes of around Rs150b to achieve collection target

Consortium of international banks namely Credit Suisse, Mashreq Bank, Noor Bank to extend loan

World Bank urges federal, provincial govts to end distortions in sales tax regimes

Says Pakistan’s programme is on track and has started to bear fruit, but risks remain elevated

Unless savings rate is increased, country is likely to remain in debt trap

Later, it is feared to return to depreciation phase in Q4

Money to be used to repay IMF loan

Under crisis response facility, ADB approves loan to support Pakistan pay off debt

Italy provides soft loan to develop the archaeology department, Japan supports law enforcement in NMTDs

Hammad Azhar says it will provide fiscal space for implementing its reforms agenda

Payments have been made on account of Sukuk maturity

High spending bill highlights lack of fiscal space for stimulating economy