Pakistan: Public debt soars 32 percent
The Pakistani federal government's debt rose 32 percent to Rs58.962 trillion in the year to May, as per data released by the central bank.
US think tank warns Pakistan is facing risk of defaulting on its debt real
Islamabad: United States Institute of Peace (USIP), a Pakistan-based think tank, has said there is “a real danger that Pakistan could default on debt”, which might further intensify political turmoil amid already surging terrorism in the nation.
Pakistan might soon be on the brink of a 'debt default': Economist Steve Hanke
Islamabad: Economist Steve Hanke has warned Pakistan might soon be on the brink of a "debt default".
Pakistan is now among 54 poor nations urgently need debt relief: UN
Geneva: Cascading global crises have left 54 countries — home to more than half of the world’s poorest people — in dire need of debt relief, the UN said on Tuesday.
Pakistan’s net external debt moves up to almost $5bn
Islamabad: Pakistan's economic challenge continues as the Ministry of Economic Affairs (MEA) on Thursday said the country made a net addition of USD 4.77 billion in the first half (July–December 2021) of the current fiscal year to its total external public debt of USD 90.6 billion, media reports said on Saturday.
Largest external debt stocks: Pakistan stands among top 10 nations
Islamabad: Pakistan has found its place among top ten nations that possess the largest external debt stocks and became eligible for the Debt Service Suspension Initiative (DSSI) in the aftermath of the Covid-19 pandemic, media reports said.
Pakistan govt's debt moves up by 22 pc at the end of current fiscal
Islamabad: The Pakistani government's total debt has increased by 21.7 percent to Rs 38.7 trillion during the last two years amid a spike in domestic debt.
Concern over Pakistan's growing debt: China reluctant to approve $6b ML-I loan
Beijing: China has shown reluctance to approve a $6 billion loan for the Mainline-I (ML-I) railway track, expressing concern over Pakistan's growing debt, media reports said.
China reluctant to approve loan to Pakistan citing mounting debt
Expressing concern over Pakistan’s growing debt, China has shown reluctance to approve USD 6 billion loan for the Mainline-I (ML-I) railway track -- the single largest project under the China-Pakistan Economic Corridor -- according to the record of a meeting and senior Pakistani officials, Express Tribune reported.