debt

Govt forms high-powered commission to probe loans acquired in last 10 years

The federal government here on Friday formed a high-powered commission, headed by Hussain Asghar, to… Read More

Unsustainable Public Debt Pakistan

Pakistan’s gross public debt gushed by 16.6% during FY18

LAHORE: The annual report on “State of Economy” for FY18, released by State Bank of Pakistan… Read More

Pakistan loan IMF

Pakistan needs to get out of this debt dependency trap: minister

ISLAMABAD: From cutting power subsidies to forcing currency devaluations that stoke inflation, the hard choices… Read More

US State Department spokesperson Heather Nauret

US says closely evaluating Pakistan’s plea for IMF bailout

WASHINGTON: The United States (US) has said it is closely examining Pakistan’s request for the… Read More

pakistan italy

Pakistan, Italy extend Debt for Development Swap Agreement

Pakistan and Italy have agreed to further extend the timeline of the Pak-Italian Debt for… Read More

'Corrupt government? You voted for them!' says China at Africa summit

‘Corrupt government? You voted for them!’ says China at Africa summit

BEIJING: As President Xi Jinping gathered together leaders from almost all countries of Africa for… Read More

As debt levels rise, Thai citizens struggle to keep up

As debt levels rise, Thai citizens struggle to keep up

BANGKOK: Pimpa Panlao, 31, is struggling to pay off an 80,000 baht ($2,440) bank loan… Read More

Imran khan

Each Pakistani owes Rs0.124 mn in debt today, says Imran

DHUR KOT: Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Thursday said each Pakistani owed Rs0.124… Read More

IMF

Mounting household debt stability risk: IMF

WASHINGTON: Growing household debt may offer a quick boost to economic growth but can raise… Read More

Chinese woman undergoes plastic surgery to evade $3.7 million debt: media

SHANGHAI: A 59-year old woman from the central Chinese city of Wuhan transformed her appearance… Read More

Fitch affirms Pakistan in B category with stable outlook

ISLAMABAD: Fitch Ratings has affirmed Pakistan's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at… Read More

Pakistan’s public debt crosses Rs. 18 trillion mark

ISLAMABAD:  Pakistan’s public debt mark increased by 35 percent as it crossed over Rs. 18 trillion… Read More

IMF warns global debt at record high

WASHINGTON: Worldwide public and private debt is at an all-time high, posing a substantial impediment… Read More

Warning sign on China debt reaches record level: report

BEIJING, CHINA: A key gauge of China's debt has reached its highest level on record,… Read More

Donald Trump’s companies owe $650 million: NY Times

WASHINGTON: Companies belonging to Donald Trump have at least $650 million in debt, more than twice… Read More

Indian low-caste couple hacked to death over Rs. 15 debt

NEW DELHI: An axe-wielding shopkeeper hacked a couple to death in northern India Thursday after they… Read More

PIA chief to discuss airline’s financial issues with PM Nawaz

ISLAMABAD: Pakistan International Airlines (PIA) administration has decided to meet Prime Minister Nawaz Sharif and… Read More

Debt bondage, exploitation spoil India’s golden mango harvest

KRISHNAGIRI, INDIA: It is noon and Dilbar Ali is racing against time.  The first truckloads… Read More

Eurozone ministers seek debt deal for Greece

BRUSSELS: Eurozone finance ministers will on Tuesday push for a deal to unlock bailout cash… Read More

Corruption has undermined Pakistan, says Imran

BHIMBER: Chairman of Pakistan Tehreek-i-Insaf (PTI) Imran Khan Thursday said that corruption has undermined Pakistan,… Read More