Tag: #Debt
Pakistan debt reaches Rs59,247bn in first 9 months of FY-23
The country’s debt has increased to Rs59,247 billion by March 2023. During the ongoing financial year, the volume of debt of the ...House Passes Debt Limit Bill in Bipartisan Vote to Avert Default
The House on Wednesday overwhelmingly passed legislation negotiated by President Biden and Speaker Kevin McCarthy to suspend the debt ceiling and set ...Circular Debt Management Plan is Being Implemented in Pakistan
Government of Pakistan Ministry of Planning, Development & Special Initiatives Islamabad, January 07, 2021: A meeting of the Cabinet Committee on Energy ...China bails out Pakistan in repaying its Saudi Debt
Lahore, 14th December: China once again provides help to Pakistan to bail in its time of need. According to reports, China has ...G20 Declares Framework on Debt Relief for Poor Nations
G20 has declared a framework on debt relief for poor nations.Pakistan urges debt suspension until developing countries’ recover from coronavirus’ havoc
UNITED NATIONS, Nov 13 (APP):Pakistan Thursday called on the Group of 20 nations, representing the world’s biggest economies, to extend the suspension ...Sub-saharan Africa faces huge debt challenge: IMF
Paris, Oct 22 (AFP/APP):Sub-saharan Africa faces a huge challenge, made worse by the coronavirus pandemic, to find nearly $900 billion to repay ...Debt has become unmanageable
ISLAMABAD, Sep 21 (Online): Pakistan is mired in an unsustainable debt as billions are being borrowed without any justification, an FPCCI official ...Government Repaid Rs 5000 billion Debt During Last Two Years: Abdul Hafeez Sheikh
Abdul Hafeez Sheikh says that the government repaid Rs 5000 billion debt during the last two years.World’s Finance Ministers Plan for Recovery from COVID19
As the world’s finance ministers plan for recovery from COVID19, Pakistan highlights the importance of debt relief.
