Tag: Debt

State Bank of Pakistan (SBP) and Securities and Exchange Commission of Pakistan (SECP) are finalising modalities to launch the long-awaited corporate debt market in...

Greece is close to a critical debt writedown with private creditors, its prime minister said Monday, before adding that abandoning the euro was “not...

The State Bank of Pakistan (SBP) is faced with a dilemma due to the government’s failure to tap budgeted foreign inflows and half-baked efforts...

Pakistan foreign loan liabilities have risen by $97 million in the first four months of the current fiscal year as the government has taken...

The bloating current account, the relaxing monetary policy and the rising import bill all combine to pressure the rupee further against the dollar, stoking...

Longstanding circular debts, which have piled up to the “high point of” Rs179 billion, have made financial situation of Pakistan State Oil (PSO) “untenable”....

With Italy following Greece and Portugal into the quagmire of debt crisis, the fact that China is now being touted as their saviour makes...

US Defense Secretary Leon Panetta on Monday called on Congress to reach a deficit-cutting deal after a "supercommittee" failed to do so, warning that...

Profit, talks to Mr Samir Ahmed, MD Pakistan Mercantile Exchange Limited to discuss the prospects of the commodity market in Pakistan. International outlook The individual...

Cash-strapped government’s budgetary borrowings from banking system continue to swell and accumulated to Rs708.145 billion during first four months of current financial year. The amount...

The Italian crisis is a huge problem for not only Italy or Europe, but indeed for the entire world. The Europeans were already fighting...

Any ardent follower of the Italian cuisine would let you know whether the topping atop any given pizza has deserved its right to be...

Pakistan has repaid $15.9 billion in debt servicing during the last six financial years, from 2005-06 to 2010-11, out of which $5 billion were...

To resolve a major anomaly, the government and banks on Friday swapped half of the Rs 391 billion-circular debt term finance certificates (TFCs) into...

The central bank on Friday pumped a huge sum of Rs338.700 billion into the money market to cater to the liquidity needs of the...

Euro zone leaders are as far as ever from finding a lasting solution to the bloc's underlying problem of economic divergence, despite their latest...

When China announced a nearly $600 billion package to ward off the 2008 global financial crisis, city planners across the country happily embarked on...