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: Shehbaz Sharif govt haunted by circular debt crisis

Apr 12, 2022

Islamabad [Pakistan], April 12 : The new Prime Minister of Pakistan is under tremendous pressure due to surging oil prices caused by the Russia-Ukraine...

Sri Lanka crisis sends warning signals to debt-ridden Pakistan

Jul 15, 2022

Islamabad [Pakistan], July 15 : The economic meltdown in Sri Lanka triggering unrest and unprecedented political upheaval has sent alarm bells ringing in the...

Pakistan economic crisis intensifies as China refuses to provide debt relief

May 30, 2021

Islamabad [Pakistan], May 30 : Bankrupt Pakistan's debt problems seem to be escalating as it is all weather-ally China has declined to restructure USD...

Pakistan refuses Russia's wheat offer to save USD 1.4 million amid food scarcity

Aug 07, 2022

Islamabad (Pakistan), August 7 : Amid the food and debt crisis in Pakistan, the country is considering refusing Russia's offer to supply 120,000 metric...

Amid collapsing economy, Pakistan manages to convince China to rollover the debt

Mar 28, 2022

Islamabad [Pakistan], March 28 : In a major relief to the cash-strapped country, Pakistan, which is already facing a severe economic crisis, has managed...