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 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...

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...

Pakistan's humungous internal borrowings push it towards a double debt crisis

Sep 06, 2024

Pakistan currently finds itself in a double-edged debt trap. The entire budget of the country goes into domestic and foreign debt servicing, which consumes...

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's public debt surges to Rs 40.3 trillion by end of October

Dec 07, 2021

Karachi [Pakistan], December 7 : Pakistan's public debt increased by 4 per cent at the end of October 2021, the central bank data showed...