Fitch downgrades India's auto loan sector outlook on economic slowdown risks

Dec 13, 2022

High inflation, Fitch Ratings said, may increase the operating costs of vehicles and the cost of living, which may hurt operators' debt servicing capacity.

Pakistan's external debt servicing rises to USD 10.886 billion

Jul 13, 2022

Karachi [Pakistan], July 13 : Pakistan's external debt servicing rose to USD 10.886 billion in the first three quarters of 2021-22 compared to USD...

Pakistan to repay foreign debt, old dues

Dec 03, 2022

According to The Express Tribune citing Optimus Capital Management, Pakistan is scheduled to pay the foreign debt and bear debt servicing costs worth USD...

Pakistan's economic condition continues to deteriorate due to 'deep debt'

May 27, 2022

Islamabad [Pakistan], May 27 : Pakistan is one of the fifty-two countries facing a severe debt crisis and the repayment and servicing of external...

Pakistan's reckless economic policies responsible for massive debt servicing obligations: Report

Apr 26, 2022

Islamabad [Pakistan], April 26 : Pakistan's reckless economic policies and excessive overspending, mainly during former Prime Minister Imran Khan's regime, have led to unprecedented...

Amid economic decline, Pakistan faces USD 2.5 billion debt servicing obligation

Apr 09, 2022

Islamabad [Pakistan], April 9 : Amid a declining economy and political instability, Pakistan has to pay back foreign debt to the tune of USD...