Tag: Debt
Chinese embassy refutes Pakistan’s $40bn ‘debt burden’ under CPEC
ISLAMABAD: China on Sunday refuted a media report which claimed that Pakistan would repay $40 billion in debt to China under the China-Pakistan Economic...
China ready to help Pakistan stave off financial crisis, says envoy
--Ambassador Yao says criticism of CPEC 'baseless', China ready to clear reservations regarding project
--Deputy envoy rubbishes rumours of Chinese debt trap, says all CPEC...
Pakistan to share Chinese debt details with IMF
--Finance Minister Asad Umar says Pakistan will contemplate all other options if bailout terms are unacceptable
--Admits former FM Ishaq Dar had no option but...
Ex-army official donates Rs5,000 in national exchequer ‘to pay off country’s...
ISLAMABAD: In a letter to Chief Justice of Pakistan (CJP) Mian Saqib Nisar, an ex-army official Naek Muhammad Aslam had contributed Rs5,000 to the...
Debt ridden Lisa Marie Presley sues former manager for $100 million
LOS ANGELES: Lisa Marie Presley, the daughter of Elvis Presley, has sued her former manager Barry Siegel for $100 million after claiming he mismanaged...
Govt admits to Pakistan’s deteriorating debt-bearing capacity
In an interesting development, the government, confessing before the National Assembly (NA) that Pakistan’s external debt bearing capacity has deteriorated further last year, admitted...
Pakistan’s debt could balloon to $ 110 bn by FY-20 in...
AMER SIAL
Former Economic Advisor Ministry of Finance Dr Ashfaque Hassan Khan has warned Pakistan’s foreign debt could balloon to over $ 110 billion by...
Economy set to grow more rapidly, says Dar
Winding up debate on the Federal Budget 2016-17, finance minister dispels impression that the budget focuses on projects for one province
Says huge allocations have...
Opp says govt’s begging spree a danger to country’s sovereignty
Treasury benches reject opposition’s concerns
Incidents of burning of women and the clash between Hafiz Hamdullah and Marvi Sirmed also discussed in the House
Opposition legislators...
US reveals Saudi Arabia’s US debt holdings for the first time
One of the biggest mysteries in global finance was revealed on Monday as the US Treasury Department announced the amount the United States owes...
Every citizen owes Rs 100,000 as Pakistan’s debt increases
A policy report issued by the Finance Ministry has revealed that Pakistan’s debts hit Rs 181 trillion by September 30, burdening every citizen by...
Bloomberg News Agency report on debt misleading: Finance Ministry
The Ministry of Finance has contradicted a news report carried by Bloomberg News Agency on Pakistan’s debt obligations and termed it a misleading report...
Trouble ahead as $50bn loans mature this year
Pakistan has a medium risk of default over five years
77 per cent of the country’s $124 billion budget for the year is earmarked for...
Debt of blood of APS children will be repaid: CM
The debt of the blood of children and teachers martyred in an attack by “brutal terrorists” in Peshawar’s Army Public School on December 16...
The peculiar case of taxation
And Pakistan’s present predicament
International Monetary Fund’s (IMF) ninth review was successfully completed some days ago. We missed targets to the two key quantitative performance...
Where does 30pc of budget go?
The total budget volume for 2014 has been announced as Rs3.936 trillion of which Rs1.325 trillion will be consumed for debt servicing.
This means that...
Off track: Govt refuses to bail out Pakistan Railways
The government on Thursday rejected pleas for help by Pakistan Railways, refusing to shoulder the burden of $112 million (about Rs 11.5 billion) worth...
