111 510 510 libonline@riphah.edu.pk Contact

Growth in external debt

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…

Surging external debt

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.…

External debt exceeds $100 billion

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…

Letting Go Of External Debt

Letting go of external debt

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…

External debt Sustainability

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…

Monstrously Growing External Debt

Monstrously growing external debt

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…

Debt, inequality and austerity

‘In most western countries, inequality is rising, and social mobility has stalled. Our citizens are losing purchasing power. They are struggling to find a decent job, to buy a proper…