Thursday, December 8, 2022
Tags Debt

Tag: Debt

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Pakistan’s default fears increase after devastating floods

News Desk - 0
Pakistan’s bonds slumped to just half their face value on Friday, after the Financial Times said a United Nations development agency was urging the...
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National

Foreign debt: Pakistan owes more to China than IMF & World Bank

News Desk - 0
Pakistan owes 30 percent of its foreign debt to China, the latest report from the International Monetary Fund (IMF) said, which includes state-owned commercial...
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Business

Pakistan’s debt swells to Rs53.5tr with addition of Rs23.7tr by PTI govt

News Desk - 0
Pakistan’s total debt and liabilities soared to Rs53.5 trillion – an addition of Rs23.7 trillion or nearly 80 percent under the watch of former...
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National

China gives relief on $4.2bn debt, says Tarin

News Desk - 0
Finance Minister Shaukat Tarin on Tuesday said that China has agreed to rollover $4.2 billion debt that was maturing this week, providing a major...
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Business

Pakistan’s per person debt rises

News Desk - 0
The Ministry of Finance has submitted a self-contradictory fiscal policy statement in the National Assembly that also hid critical information from legislators, undermining the...
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Business

Evergrande pares Shengjing Bank stake as part of efforts to survive

News Desk - 0
Evergrande cuts off Shengjing Bank's stake for US$1.55 billion as part of its attempts to unshackle itself from its liabilities worth US$305 billion. The...
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Business

Pakistan gets major relief: Paris club reschedules $11.5bn debt payments

News Desk - 0
The Paris Club of creditor countries has given another extension to Pakistan to service its debt of $11.5 billion so that the country can...
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National Economy

Forex chronicles: Reserves drop to 19.5b

Mahnoor Ahmed - 0
The State Bank of Pakistan reported on Thursday, a whopping drop of $479 million in the foreign exchange reserves. The amount held by the...
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Business

Evergrande strikes a deal as it scrambles to survive

News Desk - 0
Financial markets globally have seen alarming dips in the last few days, caused by a selloff triggered by fears of Evergrande’s probable default. The...
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Business

Pakistan’s total debt reaches Rs38.7tr in two years: SBP

News Desk - 0
The federal government's total debt has increased to 21.7 per cent which is an increase of Rs38.7 trillion in two years, an increase of...
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