Egypt faces an increasingly tough task raising cash for foreign debt repayments after external borrowing quadrupled over the past eight years to help fund a new capital, build infrastructure, buy…
The external debt of Pakistan stands at $113.8 billion as of the end of September 2020. It has registered an increase of only $0.9 billion in this quarter. Therefore, there…
The total external debt and liabilities of Pakistan have risen to above $ 106 billion by the end of 2018-19. There was an increase of $11.1 billion during the year.…
Pakistan's external debt has crossed $100 billion by the end of January 2019. It now stands at just over $101 billion. The level of external debt was $95.3 billion at…
Any economy can go awry if unfounded and speculative assertions are made regarding economic indicators. Where a rise in public debt is claimed as an indicator of economic debilitation, it…
The combined borrowing from external sources by the government, public sector enterprises banks and the private sector reached the, more or less, unbelievable level of almost $16 billion in one…
Pakistan represents a classical example of debt enslavement in modern history - a nuclear state totally muzzled by foreign powers through the mechanism of economic subjugation. Our total external debt…
The government has succeeded in receiving commitments for $5.28 billion aid in the Friends of Pakistan and Donors’ (FoP) Conference held in Tokyo (Japan) on April 17. Of this, USA…
FINANCE Minister Muhammad Aurungzeb acknowledged last week that Pakistan was seeking debt relief from China and other bilateral lenders to plug a financing gap in order to seal a loan…
Pakistan is facing a huge challenge in terms of debt distress. Secondly, the country is stuck in a low economic growth equilibrium, and requires increase in consumption expenditure, and investment…
