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The burden of govt debt

The government debt outstanding is the debt that is to be serviced out of the Federal Consolidated Fund plus the debt with the IMF. It stands at Rs 75,042 billion…

Evolution of public debt

Pakistan today is one of the Asian countries with a relatively high level of public debt in relation to the GDP. As of the end of 2023-24, public debt was…

Till debt do us part

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…

Between debt and diplomacy

Pakistan finds itself trapped in a geopolitical and fiscal quandary. Islamabad’s strategic partnership with China – once hailed as a blueprint for economic transformation – has become increasingly problematic. Simultaneously,…

Pakistan’s foreign aid paradox

Foreign aid keeps many developing nations, such as Pakistan, afloat. It funds essential projects in health, education and infrastructure, pillars meant to drive growth and stability. However, despite billions of…

Foreign policy dilemmas

A NUMBER of foreign policy challenges lie ahead for Pakistan in 2025. They have to be met in an unstable global environment of mounting geopolitical tensions, intense US-China competition, preoccupation of…

Essentials for foreign investments

Every investment carries risk, for which rule of law is essentially required. Agreements must be honoured and respected. In case of disagreements a fool-proof resolution mechanism should be available and…