Our environmental debt
While dealing with economic and social challenges, an invisible but loud crisis has grown up within the territories of Pakistan, which is known as the country's environmental debt. Such debt,…
Rising public debt
The SBP (State Bank of Pakistan) has released figures of total debt and public debt of Pakistan as of end-June 2024. The total public debt of the federal government consists…
Transforming maturity profile of domestic debt
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…
Climate debt trap
HEAVY and rising debt has emerged as one of the toughest hurdles for developing nations to address climate change, alleviate poverty, and seek economic development. The total external debt of…
Concessions, debt & reforms
THE FBR had been publishing its Tax Expenditure Report since 2020. Each report estimates the ‘tax expenditure’, ie, the tax foregone or the revenue loss because of the built-in tax concessions and…
Debt, climate, inflation
DEBT, climate, and inflation have in recent years become important planks of the spring meetings hosted by the World Bank and IMF. The agenda for this year’s meetings, which concluded last week,…
Debt woes
THE G20 summit held recently in Bengaluru, India ended in controversy. ‘Burdened’ by the travails of a world in conflict and economic collapse, the Group of Twenty failed to develop…
‘Cancel my debt, I’m flooded’
“THERE is a tide in the affairs of men/ Which, taken at the flood, leads on to fortune.” So said Shakespeare, little knowing that in Pakistani English his words might…
Debt repayment problem
PAKISTAN owes the world about $100 billion and has to repay $21bn to foreign lenders during the current fiscal year. And during the next three years, it will have to…
On debt row
ON its present course, the country is set to run out of foreign exchange reserves latest by December of this year. The small surpluses registering on the current account in…
