An explosion in crisis borrowing around the world has not yet given so-called “bond vigilantes” sleepless nights or spurred them to pick fights with all-powerful central banks. Global indebtedness, as…
Major global central banks are ramping up purchases of euro zone government bonds, banking sources say, enticed by rising yields, a buoyant single currency and an uncertain outlook for U.S.…
Chinese banks lent more money in January alone than the annual GDP of South Africa, as borrowers rushed to take advantage of government policies intended to stimulate the economy with…
The issue of debt is based on three aspects - identifying the causes of built-up of debt, enhancing its productive and allocative efficiency, and then retiring debt, or debt servicing.…
Pakistan’s debt story has become a grim chronicle of missed opportunities, persistent mismanagement and recurring crises that have steadily eroded the foundations of economic sovereignty. The fragile fiscal account is…
Sadly, unlike the lack of media coverage, and very little discussion of policy circles on this – both on the government, and opposition sides, and in the academic arena –…
Emerging market debt sales boomed in the first half of the year, defying tariff tantrums, missile attacks and gyrating oil prices, on track for another year of records - and…
In Hamlet, Shakespeare’s character Polonius offers timeless advice to his son, Laertes, "Neither a borrower nor a lender be”, warning of the perils of debt and dependency. For Pakistan, this…
Just a week ago, before deadly floods swept through central Europe, the Czech Republic looked on track to become the first country in the region since COVID-19 to pull its…
Inflation is falling rapidly, nearing a four-year low, with FY25 (July 2024–June 2025) average inflation expected to fall within the SBP’s medium-term target of 5-7 percent. The tight monetary and…
