Excessive govt expenditure EDITORIAL: If there were any doubts about whether the ruling elite realise the seriousness of the economic crisis... Published 28 Jun, 2024 06:15am
Opinion Approaching an ‘augmented’ IMF programme What is likely to happen if the country goes into another International Monetary Fund (IMF, or simply the ... Published 16 Feb, 2024 06:02am
Pakistan Pakistan ‘is bankrupt’ and ‘sinking deeper every year’: Atif Mian Atif Mian, a noted Pakistani-American economist and currently a professor of Economics, Public Policy, and Finance... Updated 12 Feb, 2024 10:18pm
Business & Finance Forex reserves fall by $165m KARACHI: The country’s total liquid foreign reserves fell by $ 165 million during the last week due to external... Published 10 Feb, 2024 05:48am
Business & Finance Forex reserves decline $79m KARACHI: The country’s total liquid foreign reserves fell by $79 million during the last week. According to State... Published 02 Feb, 2024 05:20am
Business & Finance SBP’s reserves fall by $136m KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $136... Published 22 Dec, 2023 05:22am
Print Nov C/A posts $9m first monthly surplus after June KARACHI: After posting deficits for four consecutive months, the country’s current account improved significantly... Updated 19 Dec, 2023 10:01am
Print Federal institutions: Rs80bn set aside for debt repayment LAHORE: In the Punjab’s budget for the next four months, out of the estimated budget of Rs 2076.2 billion, an amount... Updated 31 Oct, 2023 09:14am
Print Certain tax policies discourage investment in tradable sector: World Bank ISLAMABAD: Certain tax policies in Pakistan discourage investment in the tradable sector, and certain investment... Updated 04 Oct, 2023 09:15am
Print Jul-Mar FY23: New loan pacts worth $7.228bn signed with development partners: EAD ISLAMABAD: A prudent external debt management strategy coupled with strong institutional arrangements is necessary... Updated 22 Aug, 2023 09:27am
World 165m people fell into poverty in 3 years of crisis: UN UNITED NATIONS: The Covid-19 pandemic, the cost-of-living crisis and the war in Ukraine have pushed 165 million... Published 15 Jul, 2023 06:08am
Print IMF deal to support macroeconomic stability: Moody’s ISLAMABAD: Moody’s Investors Service (Moody’s) Monday said that Pakistan’s new deal with the International Monetary... Updated 04 Jul, 2023 09:06am
Business & Finance Multilateral debt country’s biggest problem: Pasha ISLAMABAD: Former Finance Minister Dr Hafiz Pasha Thursday said Pakistan’s foreign exchange reserves are 16 ... Published 16 Jun, 2023 07:08am
Print Foreign loans, debt servicing: Repayment revised upward by MoEA ISLAMABAD: The Ministry of Economic Affairs has revised upward by Rs402 billion repayment of short-term foreign loan... Updated 07 Jun, 2023 08:55am
Business & Finance Debt repayments constituting a major challenge, moot told KARACHI: During the CFO Conference 2023, organised by Professional Accountants in Business (PAIB) Committee of the... Published 17 May, 2023 06:22am
Business & Finance May-June period: Country faces $3.7bn debt repayments: Fitch WASHINGTON: As the government struggles to secure a bailout from the International Monetary Fund (IMF), Fitch ... Published 06 May, 2023 06:23am
Editorials IMF: delay deadliest form of denial? EDITORIAL: The IMF (International Monetary Fund) Staff-Level Agreement (SLA) is still awaited. State Bank of... Updated 18 Mar, 2023 06:50am
Print Forex reserves fall below $3bn on debt repayments KARACHI: The country’s total liquid foreign exchange reserves further shrunk by $202 million during the last ... Updated 10 Feb, 2023 08:54am
Print Country needs to repay $3bn debt in five months: SBP KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad has said that Pakistan is out of default as major... Updated 24 Jan, 2023 08:52am
Print Pakistan may dodge default in next 6 months: Bloomberg ISLAMABAD: Pakistan is likely to dodge default in the next six months, but its troubles are not over, stated... Updated 10 Jan, 2023 08:54am
Opinion IMF policy needs a serious rethink The first major jolt to the International Monetary Fund’s (IMF’s) thinking regarding pursuing austerity policy... Published 16 Dec, 2022 05:58am
Print FX reserves may rise in H2FY23: All debt repayments on track, says SBP governor KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad Thursday said all debt repayments are on track and the... Updated 09 Dec, 2022 09:30am
Markets Pakistan's debt repayment situation completely under control: SBP governor During SBP's podcast, Jameel Ahmad says all upcoming obligations will be met on schedule, reserves' position to improve in second half of ongoing fiscal year Updated 08 Dec, 2022 10:59pm
Business & Finance BMP supports UN stance on Pakistan’s debt burden LAHORE :The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) has fully backed... Published 26 Sep, 2022 06:07am
Print FT cites a purported UN policy memo: Pakistan should suspend debt repayments ISLAMABAD: Pakistan should suspend international debt repayments and restructure loans with creditors after recent... Updated 24 Sep, 2022 10:12am
Pakistan Pakistan will 'absolutely not' default on debt despite floods: Miftah Ismail Finance minister says credit default risk has gone up, bond prices have fallen, but within 15 to 20 days, the market will normalise Published 18 Sep, 2022 10:05pm
Opinion Floods, food & debt crises, and 77th UNGA session The United Nations General Assembly’s (UNGA’s) 77th Session from September 13-27 comes at a very crucial time ... Published 16 Sep, 2022 06:04am
Perspectives We may not default, but this crisis exposes how vulnerable we are Default occurs when you are unable to pay what is coming due (on debt) after all usual trade and services’ ... Published 01 Aug, 2022 01:19pm
Business & Finance BMP assails govt for not keeping check on Forex market LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has denounced the... Published 29 Jul, 2022 06:14am