debt

Sindh CM thanks PM Imran for visit; suggests compensation for families; seeks Rs43b for irrigation system

Early restoration of IMF programme may help Pakistan consolidate gains

Finance ministry says Pakistan’s capacity to repay ‘adequate’

Reform requires indigenous thinking and political will, not money from abroad

Pakistan’s debt level increases by Rs14.6tr in two years, shows SBP data

Increase comes on back of $1 billion obtained from China late last month

Trader owed Rs100,000 to three people who were nagging him for payment

Government will indeed think out of the box in order to get out of this debt trap

PTI Govt adds Rs11.35 trillion to public debt in two years, according to the finance ministry

It took loans of only Rs205b in July due to surge in foreign financing

Islamabad had secured a $3b loan from Riyadh for one-and-a-half year

IFIs will provide $750m financing for RISE programme

Manila-based lender seeks clarification on administrative change

Central govt’s debt excludes liabilities indirectly owed to creditors

Amount for FY21 is two-thirds less than original demand for outgoing fiscal year

Says govt should take special measures to support industrial sector

Inflow supports rupee that appreciates to 167.36 against dollar

Pakistan’s situation calls for out-of-the-box policy recommendations to tackle situation

The money will be used to service maturing external public debt

ECC allows diversion of Rs10b; approves terms of negotiations for debt restructuring to reduce electricity tariffs

Washington once again raises serious questions about lack of transparency in CPEC

$100m will be used for PPE procurement, $200m to assist poor

Fresh borrowing to be made for activities like garbage collection, pension, fiscal reforms

Pakistan Energy Sukuk-II oversubscribed by 70% as investors submit bids worth Rs339b

FM Qureshi emphasises need for addressing debt distress which could eventually become a debt crisis

Plans to overcome shortfall in expenditures through borrowing

Pakistan International Airline’s domestic debt fell 12% to Rs137.7 billion by March 2020

PM aide says Pakistan’s future borrowing will be limited to repaying old debt

Tolerance of tax loopholes is decreasing in corona-hit EU states

Highlights adverse implications of taxation and monetary policies

Banks buying govt bonds, corporate debt to help businesses through pandemic

Kick-starts process of raising Shariah compliant debt to ease liquidity constraints

Experts recommend further cut in interest rates and 12% reduction in GST rate

Gap narrows to just $6m in March due to fall in imports amid Covid-19

Inflows push forex reserves to one-month high

Funding of $500 million aimed at overcoming health and economic shocks

Help rupee to recover Rs2.37 to 161.12 in inter-bank market

Finance secretary says situation remains unclear, impact of relief may be $1.7b

Pakistan also expects to get $1.5b relief in shape of delay in repayment of loans to bilateral creditors

Disbursement of $1.4 billion is scheduled to happen next week, says IMF

Financing aimed at enhancing water availability in Punjab

Pakistan will have to pay $19b worth of debt, face big drop in remittances

Pakistan’s deficit can reach Rs4tr due to coronavirus impact, according to IMF findings

IMF board approves first batch of countries to receive grants

Dr Abdul Hafeez Shaikh says without it developing countries will be worst affected from COVID-19 pandemic

Businessmen say revenue insufficient due to partial operation of export units amid coronavirus lockdown

Loan will be given to extend budgetary support to the country in the wake of economic slowdown

Proposal to be discussed next week by officials of G7 and G20 economies

Move mandatory for availing $500 million loan from World Bank

WHO DG says his agency, WB and IMF backed debt relief to help developing countries cope with the consequences