Pakistan Debts
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Pakistan Not Invited For Azlan Shah Cup Because Of 'Outstanding Debt'
The Malaysian Hockey Federation has not invited last year's runners-up Pakistan for the Azlan Shah Cup this year in November owing to an "outstanding debt".
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China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
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Pak Man Uses Solar Panels To Charge Mobile Due To Electricity Shortage
As the country deals with circular debt, a young man in Pakistan, who runs a mobile charging shop in a Sukkar village, started using solar panels to get power as the problem of electricity shortage rises across the nation, reported ARY News.
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Pakistan To Seek $6 Billion In New IMF Loan Program: Report
Pakistan plans to seek a new loan of at least $6 billion from the International Monetary Fund to help the incoming government repay billions in debt due this year, Bloomberg News reported on Thursday, citing a Pakistani official.
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Explained: How Bad Is Pakistan's Debt Crisis And Can It Be Saved
Negotiations on a new government in Pakistan have allayed immediate fears of instability in the nuclear-armed nation following inconclusive elections last week, but the risk of a full-scale economic crisis remains.
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IMF's Debt Dilemma Looms After Pak Election: Central Bank's Ex Governor
The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country's debt situation, a former central bank governor of the South Asian nation said.
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Pak Politics Seen Key To Deliver On Last-Gasp $3 Billion IMF Bailout
Pakistan won vital breathing space from a potential debt default thanks to a draft agreement with the International Monetary Fund, but political stability will prove key to the South Asian economy in coming months.
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IMF And Pakistan Forge $3 Billion Stand-By Deal To Aid Economic Stability
Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth $3 billion announced by the IMF in Washington on Thursday.
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Cash-Strapped Pak Draws $51 Billion Budget, Sets Aside Half To Pay Debt
Pakistan's cash-strapped government unveiled a 14.5-trillion-rupee (around $50.5-billion) budget Friday, with over half set aside to service 7.3 trillion rupees of debt.
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Amid Economic Crisis, Pakistan Government's Debt Rises To Over Rs 58 Trillion
The Pakistan government's total debt has increased 34.1 per cent year-on-year to Rs 58.6 trillion at the end of April, according to the latest report by the country's central bank.
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Pak Listed In 15 Worst Countries Under Enormous Debt Stress: Report
Amid its mounting external debt, Pakistan is listed among the 15 countries globally which are under enormous debt stress, Business Recorder reported.
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Pakistan Needs To Repay $77 Billion Debt To China, Saudi Arabia By 2026: Report
Pakistan, currently tackling a major economic crisis, is grappling with high external debt, a weak local currency and dwindling foreign exchange reserves.
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Pakistan Making Efforts To Purchase Russian Oil At $50 Per Barrel: Report
Pakistan, which is currently grappling with high external debt and a weak local currency, is desperate to purchase cheap crude at discounted rates from Russia.
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US Concerned About Debt Owed To China By Cash-Strapped Pakistan
The United States is concerned about debt owed to China by Pakistan and other countries, U.S. State Department Counselor Derek Chollet said on Thursday during a visit to Islamabad as the country dealt with an economic crisis.
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"Life Has Become Very Tough": Pakistanis Struggle As Inflation Soars
As Pakistan lurches from one crisis to another, citizens are taking to the streets to protest a duel economic and political meltdown with little precedent in the nations post-independence history.
-
Pakistan Not Invited For Azlan Shah Cup Because Of 'Outstanding Debt'
The Malaysian Hockey Federation has not invited last year's runners-up Pakistan for the Azlan Shah Cup this year in November owing to an "outstanding debt".
-
China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
-
Pak Man Uses Solar Panels To Charge Mobile Due To Electricity Shortage
As the country deals with circular debt, a young man in Pakistan, who runs a mobile charging shop in a Sukkar village, started using solar panels to get power as the problem of electricity shortage rises across the nation, reported ARY News.
-
Pakistan To Seek $6 Billion In New IMF Loan Program: Report
Pakistan plans to seek a new loan of at least $6 billion from the International Monetary Fund to help the incoming government repay billions in debt due this year, Bloomberg News reported on Thursday, citing a Pakistani official.
-
Explained: How Bad Is Pakistan's Debt Crisis And Can It Be Saved
Negotiations on a new government in Pakistan have allayed immediate fears of instability in the nuclear-armed nation following inconclusive elections last week, but the risk of a full-scale economic crisis remains.
-
IMF's Debt Dilemma Looms After Pak Election: Central Bank's Ex Governor
The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country's debt situation, a former central bank governor of the South Asian nation said.
-
Pak Politics Seen Key To Deliver On Last-Gasp $3 Billion IMF Bailout
Pakistan won vital breathing space from a potential debt default thanks to a draft agreement with the International Monetary Fund, but political stability will prove key to the South Asian economy in coming months.
-
IMF And Pakistan Forge $3 Billion Stand-By Deal To Aid Economic Stability
Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth $3 billion announced by the IMF in Washington on Thursday.
-
Cash-Strapped Pak Draws $51 Billion Budget, Sets Aside Half To Pay Debt
Pakistan's cash-strapped government unveiled a 14.5-trillion-rupee (around $50.5-billion) budget Friday, with over half set aside to service 7.3 trillion rupees of debt.
-
Amid Economic Crisis, Pakistan Government's Debt Rises To Over Rs 58 Trillion
The Pakistan government's total debt has increased 34.1 per cent year-on-year to Rs 58.6 trillion at the end of April, according to the latest report by the country's central bank.
-
Pak Listed In 15 Worst Countries Under Enormous Debt Stress: Report
Amid its mounting external debt, Pakistan is listed among the 15 countries globally which are under enormous debt stress, Business Recorder reported.
-
Pakistan Needs To Repay $77 Billion Debt To China, Saudi Arabia By 2026: Report
Pakistan, currently tackling a major economic crisis, is grappling with high external debt, a weak local currency and dwindling foreign exchange reserves.
-
Pakistan Making Efforts To Purchase Russian Oil At $50 Per Barrel: Report
Pakistan, which is currently grappling with high external debt and a weak local currency, is desperate to purchase cheap crude at discounted rates from Russia.
-
US Concerned About Debt Owed To China By Cash-Strapped Pakistan
The United States is concerned about debt owed to China by Pakistan and other countries, U.S. State Department Counselor Derek Chollet said on Thursday during a visit to Islamabad as the country dealt with an economic crisis.
-
"Life Has Become Very Tough": Pakistanis Struggle As Inflation Soars
As Pakistan lurches from one crisis to another, citizens are taking to the streets to protest a duel economic and political meltdown with little precedent in the nations post-independence history.
