Amidst massive protests over electricity prices, Pakistan seeks reprofiling of its international debt with China

Aug 04, 2024

Debt reprofiling is a strategy used to restructure a country's existing debt obligations. It involves extending the maturity dates of debt, reducing interest rates...

Pakistan's total external debt stocks by 2021 stood at USD 130.43 billion: World Bank

Dec 08, 2022

In its latest report "International Debt Report 2022, Updated International Debt Statistics," the World Bank said that the total external debt stocks were at...

Pakistan International Airlines debt now rests on taxpayers shoulders

Feb 02, 2024

Islamabad: The government and banks have decided on a plan to restructure PIA's debt, totalling Rs268 billion. The Ministry of Finance, which initially didn't...

Loansettlement.com launches new services offerings for debt counselling

May 24, 2022

New Delhi [India], May 24 (ANI/SRV): Loansettlement.com, India's leading debt settlement company helping customers in resolving their unsecured debt including credit card debt and...

Vikas Ecotech Board reduces more debt under Debt Reduction Program Phase-II; Moving Towards Zero Debt Regime

Mar 21, 2022

New Delhi [India], March 21 (ANI/PNN): BSE (560961) & NSE (VIKASECO) listed Vikas Ecotech Ltd. an emerging player in the global arena of the...

Kenya’s debt level reaches record high: Report

Aug 29, 2023

As per data, the total public debt of Kenya has risen by a record 10.8 billion US dollars to 70.75 billion US dollars, breaching...