Sri Lanka’s creditors demand deal details, including with China COLOMBO: Sri Lanka’s bilateral lenders who agreed to restructure close to $6 billion in loans have demanded... Published 28 Jun, 2024 05:41am
World Sri Lanka seals partial debt deal after financial crash COLOMBO: Cash-strapped Sri Lanka said Wednesday it had clinched a restructuring deal with a majority of bilateral... Published 27 Jun, 2024 06:52am
Print Moody’s points out weak debt affordability ISLAMABAD: The government spends more than half of its revenue on interest payments, indicating very weak debt... Published 15 Jun, 2024 06:57am
Pakistan Rs9.775trn to be spent on debt servicing ISLAMABAD: The country will spend around Rs 9.775 trillion on debt servicing including interest payments and... Published 13 Jun, 2024 03:32am
Print IMF programme, investment & debt issues: US dispatching team to evaluate situation Delegation expected to hold meetings aimed at gathering inside and official information to evaluate Islamabad’s financial and economic position Updated 09 Jun, 2024 01:26pm
Print Jul-Apr govt debt stock up 8.6pc to Rs66.08trn YoY KARACHI: The central government’s total domestic and external debt stock rose by 8.6 percent during the first 10... Updated 08 Jun, 2024 09:23am
Editorials Phenomenal rise in domestic borrowing EDITORIAL: The government borrowed up to 77 percent domestically to finance its fiscal deficit in the first six... Updated 28 May, 2024 05:52am
Business & Finance Abu Dhabi returns to debt markets with $5bn bond sale ABU DHABI: Abu Dhabi, capital of the United Arab Emirates, on Tuesday launched $5 billion in three-part bonds as it... Published 24 Apr, 2024 03:50am
Business & Finance Property developer China Vanke plans to cut debt HONG KONG: China Vanke said on Friday it aimed to boost its cashflow by slashing debt and lifting income from... Published 30 Mar, 2024 06:34am
Business & Finance UK’s biggest water supplier plunges into deeper financial crisis LONDON: Debt-plagued Thames Water has failed to raise a major cash injection from shareholders, it revealed ... Published 30 Mar, 2024 05:29am
Business & Finance Zambia’s debt-rework battle scars mar its Common Framework success LONDON: Zambia’s deal with bondholders this week suggests it will finally emerge from more than three years in... Published 30 Mar, 2024 04:58am
Business & Finance Global debt hits new record high at $313trn: IIF LONDON: Global debt levels hit a new record high of $313 trillion in 2023, with developing economies scaling a fresh... Published 22 Feb, 2024 06:55am
World Sri Lanka eyes $5bn in foreign funds after debt restructure: minister COLOMBO: Sri Lanka expects to attract about $5 billion in foreign funds in the next two years once it is able to... Published 06 Feb, 2024 05:00am
Business & Finance Debt sustainability: Elevated gross financing needs constitute high risk: IMF ISLAMABAD: The International Monetary Fund (IMF) has said that elevated gross financing needs continue to pose high... Published 21 Jan, 2024 03:10am
Business & Finance DFI fails to avail deduction of income as bad debt LAHORE: A Development Financial Institution (DFI) had failed to avail deduction of income as bad debt for not ... Published 29 Dec, 2023 02:58am
World Global debt edges to fresh record, populism could push it higher: IIF LONDON: Global debt edged up to a record $307.4 trillion in the third quarter, and the debt-to-output ratio in... Published 17 Nov, 2023 06:06am
Business & Finance German court blows 60-bn-euro hole in budget with debt ruling FRANKFURT: Germany’s top court wiped 60 billion euros from a climate fund Wednesday as it decided the government... Published 16 Nov, 2023 05:39am
Opinion Gas sector reform: beyond pricing Finally, pricing reform in the gas sector is in sight. The summary has been moved, and prices are likely to increase... Published 16 Oct, 2023 05:47am
Business & Finance ‘Country must learn to survive without loans’ KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and... Published 14 Oct, 2023 05:32am
Business & Finance Soft landing possible, but fiscal, debt risks abound: IMF chief NEW YORK: Stronger demand for services and progress on lowering inflation have increased the chances that the global... Updated 06 Oct, 2023 09:03am
Pakistan Loan borrowers: Properties should be sold to repay IMF debt: JI chief QUETTA: Jamaat-e-Islami Pakistan (JIP) Ameer Sirajul Haq demanded the government that the properties and assets of... Published 25 Sep, 2023 06:34am
Editorials Durable solution EDITORIAL: Yet another Pakistani prime minister hit the nail on the head – caretaker PM Kakar this time – as he... Published 24 Sep, 2023 03:21am
Editorials Household debt cycle EDITORIAL: One of the enduring lessons of economic downturns is that they run households, especially middle- and... Published 23 Sep, 2023 05:58am
Business & Finance Debt piling up: Borrowing reliance surging to finance twin deficits: World Bank ISLAMABAD: The World Bank on Friday said Pakistan’s economic model is unsuitable because the country’s borrowing... Published 23 Sep, 2023 05:58am
Print Debt challenges facing 59 countries: PM urges world to find durable solution Proper implementation of the development agenda is only possible with global and regional cooperation, he says Updated 21 Sep, 2023 08:46am
Business & Finance HSBC expands venture debt offering to early-stage startups in US NEW YORK: HSBC said on Thursday it has expanded venture debt offering to early-stage startups through its US... Published 28 Aug, 2023 06:27am
Opinion Rethinking natural gas allocation and pricing: Challenges and path to sustainable solutions The allocation and pricing of natural gas have been contentious issues in Pakistan, with the government historically... Updated 24 Aug, 2023 06:53am
Editorials The bane of debt bondage EDITORIAL: As bonded labour, a modern form of slavery, remains widespread in this country, the National Commission... Published 15 Aug, 2023 06:30am
Business & Finance Forex reserves plunge $531m on debt servicing KARACHI: The country’s total liquid foreign exchange reserves fell sharply by $ 531 million during last week due ... Published 28 Jul, 2023 03:02am
Business & Finance Fintech lenders tighten lending standards, bolstering debt financing WASHINGTON: US financial technology companies are tightening their lending standards, a move that has bolstered ... Published 24 Jul, 2023 06:11am
