Total debt stands at Rs71.3trn, Aurangzeb tells NA ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb has said Pakistan’s total debt is Rs71.3... Updated 21 Jan, 2025 02:34pm
Business & Finance LCCI says concerned at soaring govt borrowing LAHORE: The Lahore Chamber of Commerce & Industry has raised serious concern over the federal government’s... Published 08 Jan, 2025 07:43am
Business & Finance UAE rolls over $2bn debt, PM tells cabinet ISLAMABAD: In a significant fiscal relief as Prime Minister Shehbaz Sharif Tuesday said, the United Arab Emirates... Published 08 Jan, 2025 06:26am
Business & Finance Debt stocks hit Rs70.37trn mark by Nov-end KARACHI: The federal government’s total debt stocks reached Rs 70.37 trillion mark by the end of November 2024,... Updated 07 Jan, 2025 08:56am
Opinion Strategies on wealth management in uncertain times The Asset management groups, in a recent move, are racing to pivot into opaque but lucrative regimes of private... Updated 31 Dec, 2024 07:13am
Print Tax cuts, debt reined in as Italy adopts 2025 budget ROME: Italy’s parliament on Saturday approved the 2025 budget, aiming to both appease EU demands to lower the... Updated 29 Dec, 2024 09:40am
Opinion Fiscal crisis and reset Pakistan’s fiscal system has long been under immense strain due to the mounting pressure of borrowing and the... Published 27 Dec, 2024 06:27am
Business & Finance Forex reserves drop by $261m KARACHI: The country’s total liquid foreign reserves dropped by $261 million last week, primarily due to external... Published 27 Dec, 2024 06:27am
Business & Finance Sri Lanka’s bondholders sign off on $12.55bn debt overhaul LONDON: Sri Lanka’s bondholders signed off on the government’s proposal to restructure its $12.55 billion of... Published 18 Dec, 2024 06:37am
Editorials Debt sustainability analysis EDITORIAL: A debt sustainability analysis conducted by the Ministry of Finance concluded that its attainment will... Updated 17 Dec, 2024 08:22am
Opinion Pakistan’s economic outlook 2025: inflation, growth, & debt Among macroeconomic indicators, primarily inflation has come down drastically over recent months, whereby consumer... Updated 13 Dec, 2024 03:41pm
Opinion The unseen costs of power sector mismanagement The ongoing public discourse surrounding K-Electric’s PKR 68 billion claim for write-offs reveals an alarming gap... Published 11 Dec, 2024 07:23am
Print Investment, growth and credit safety: Aurangzeb pledges robust insolvency regime Emphasizes the government’s commitment to creating a conducive business environment Updated 07 Dec, 2024 04:39pm
Opinion A truly global economic policy needed In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of... Updated 06 Dec, 2024 08:12am
Print Oct govt debt stock drops Rs456bn to Rs69.114trn MoM KARACHI: The federal government’s total debt stock decreased by Rs 456 billion in October 2024, largely attributed... Updated 05 Dec, 2024 02:51pm
Opinion National security policy needs revisit This is the second of a two-part series detailing the 2020 National Security Policy’s (NSP) ill-advised focus on... Updated 02 Dec, 2024 07:24am
Print Adviser says cut in policy rate helped govt save Rs1.3trn ISLAMABAD: Advisor to Finance Minister on Economic and Financial Reforms Khurram Schehzad, while painting a rosy... Updated 26 Nov, 2024 09:10am
Opinion Economic diplomacy is the way forward This is the first of a two-part series detailing National Security Policy’s (NSP) foreign policy’s focus on... Updated 25 Nov, 2024 08:03am
Editorials Social unrest in times of economic discontent EDITORIAL: International rating agency Moody’s has warned of the risk of social unrest in Pakistan due to the... Updated 25 Nov, 2024 07:59am
World Maldives starts work on debt-for-nature swap BAKU: The Maldives is working on a debt-for-nature swap, the country’s environment minister said on Thursday, with... Published 22 Nov, 2024 03:03am
Business & Finance FD decides to hire ‘consultant external debt’ ISLAMABAD: The Finance Division has decided to hire ‘consultant external debt’ to carry out external debt portfolio... Updated 19 Nov, 2024 08:55am
Print Macro-fiscal forecasts for budget: IMF asks govt to strengthen capacity of FD Notes that current organisation of the Finance Division is relatively fragmented and presents an obstacle to achieving a more strategic approach to budgeting Updated 16 Nov, 2024 09:08pm
Pakistan Climate change: Previous financial pledges yet to materialise: PM BAKU: Prime Minister Shehbaz Sharif on Wednesday sensitizing the global community on the risks posed by climate... Published 14 Nov, 2024 06:33am
Print IMF briefed about recovery plan, local debt ISLAMABAD: The Finance Division on Wednesday apprised the International Monetary Fund (IMF) on debt, external... Updated 14 Nov, 2024 09:22am
Print Forex reserves likely to reach $12bn mark: SBP KARACHI: Governor of the State Bank of Pakistan (SBP), Jameel Ahmed has said that despite external debt servicing,... Updated 09 Nov, 2024 09:05am
World Developing nations: Slow growth, high debt taking heavy toll: UN GENEVA: Poorer nations are increasingly struggling to navigate the sluggish global economy, the UN warned on ... Published 30 Oct, 2024 06:32am
Editorials Expenditure growth rate EDITORIAL: The International Monetary Fund (IMF) in its Fiscal Monitor report titled “Putting a Lid on Public Debt”... Updated 28 Oct, 2024 08:25am
Editorials IPPs: a slippery situation? EDITORIAL: Negotiations with Independent Power Producers (IPPs) are progressing. Following the termination of... Published 25 Oct, 2024 06:39am
Print IMF projects 2.1pc increase in govt expenditure Projects an increase in net debt from 63.5 percent of the GDP in 2024 to 65.6 percent in 2025 Updated 24 Oct, 2024 04:58pm
Print Aurangzeb for social protection in IMF loans WASHINGTON DC: Finance Minister Muhammad Aurangzeb attended the meeting of the Managing Director of the IMF with... Updated 24 Oct, 2024 08:57am