debt

Estimate has been worked out on basis of $74b external public debt as of end-Feb

Increase is not in line with PM’s promise to reduce debt pile by the end of his term

Students signing an ISA pay nothing but pledge to pay 10 per cent of their salary

Increase driven by low tax revenue, high expenditure and currency depreciation

No significant debt has been taken for development works

Asia Petroleum Limited seeks payment to cover shortfall in furnace oil supply

The Ministry of Finance has completed all procedural formalities with the Chinese counterpart for the facility

On an average, Centre added Rs13.5 billion a day from July-Dec 218

Says region has yet to recover from global financial crisis and other economic dislocations over the past decade

In last fiscal year, external debt increased at a more rapid pace than foreign exchange earnings

Power minister says country will need to double generation capacity to 55,000MW by 2030

Government has taken almost no tax collection measure, says expert

Govt rejects Rs94b long-term loan offers at lower price, but borrows Rs8.6b at high return

Agreement between Islamabad, Beijing gives legal cover to rights of investors

Pakistan’s public debt likely to swell from existing Rs26tr to Rs36 trillion in next three years

Embassy official responded to a NYT piece critical of CPEC

Aviation Division briefs NA on airline's fiscal health

Umar, Finger make first visual contact; IMF wants Pakistan to adopt steeper measures

Burden may grow in coming months due to rupee depreciation, interest rate hike

Figure seems to be understated as central bank has not shown the debt taken from China

Chinese CG says his country will not leave Pakistan in the lurch

They have already got tax from consumers but are reluctant to deposit in govt coffers

Umar says govt will improve fundamentals of economy, achieve sustainable growth

This is alarming as IMF will like to see a drastic cut in the central bank debt stock, in case of a bailout

Securing financial aid from Saudi Arabia and improvement in World Bank doing business ranking are some positives

Officials expect boost, as modalities for Chinese commercial loans are being discussed

Disagreement remains on hike in power tariff, increase in interest rate, tax collection target

Deficit grows on the back of higher imports, dividend payments

Fund suggests slapping new taxes worth Rs160b, raising GST to 18%

PIA board should be revamped, professional people with strong background in the aviation industry should be appointed

Steel mills and PIA will not be privatised, says finance minister

Finance Minister Asad Umer says SBP governor-led team to hold talks on Chinese aid on Nov 9

Finance Minister Asad Umer rubbishes idea of CPEC being a sinister move to cause economic problems

A delegation will leave for Beijing this week to hold negotiations

PM’s visit to China is aimed at boosting economy and assuring Beijing of commitment to CPEC

Country’s economy has been run into the ground for the last ten years

Brussels demands Italy slash spending, public deficit to pare down debt pile

Lender says potential gains from better asset management are considerable

New debt will help govt to partly bridge the deficit in budgetary financing

Citi official says country should boost exports and attract FDI

Provincial govt had already exhausted borrowing limit of Rs37b before PTI took over

Says PML-N govt drafted a 'Power Electricity Policy and Plan 2018' which only had a policy but no plan

Slump in price of copper has led to fears that Lusaka might struggle to service its existing debt

In a separate case from the scores of Saudi businessmen and prominent figures who were held on corruption charges

Pakistani banks’ assets (as a share of GDP) are around 30% smaller than those of its South Asian peers

Increase highlights pressure on rupee and foreign currency reserves

'Every Pakistani owes a debt of Rs144,256, which is a cause of huge concern'

Net addition of Rs9.8tr has taken place in the last five years

In 2017, the total public debt was Rs21.4 trillion, rising by Rs7.1 trillion from Rs14.3 trillion in 2013

Pakistan’s public debt has shot to a 15-year high of 72% of Gross Domestic Product (GDP)