Importance of riba-free banking for a developing country like Pakistan Riba-free (interest-free) banking is a key principle of Islamic finance, which prohibits interest on loans, viewing... Updated 12 Oct, 2024 08:31am
Business & Finance Interest worth SDR 2.815bn paid to IMF since 1984 ISLAMABAD: Pakistan has paid interest amounting SDR 2.815 billion to International Monetary Fund (IMF) since 1984.... Updated 02 Aug, 2024 09:07am
Markets Pakistan will face no difficulty in meeting external debt obligations in FY25: SBP governor Pakistan will not face an issue in meeting its external payment obligations in the current fiscal year (FY25), said... Updated 29 Jul, 2024 07:33pm
Print Interest payments to devour 62pc of revenues: ADB Forecasts public debt to decline by 7 percentage points to 70 percent of GDP in 2024–2025 Updated 19 Jul, 2024 10:02am
Print Fiscal adjustment hamstrung by interest payments Ministry of Planning, Development and Special Initiatives says economy has slowly and steadily started recovering from the downturn in growth Updated 04 Oct, 2023 10:00am
Print Rs7.302trn will be spent on debt servicing ISLAMABAD: The country will spend around Rs 7.302 trillion on debt servicing including interest payments and... Published 10 Jun, 2023 04:49am
Pakistan Pakistan's ex finance chief Miftah warns against any kind of debt restructuring Difficult task to get China and the West to sit on one table for such an endeavour, he says Updated 16 Mar, 2023 09:46am
Opinion Waiting for ‘manna from heaven’ After the receding flood waters from hell, the GOP is now waiting anxiously for ‘manna from heaven’ from heavenly... Published 30 Nov, 2022 06:23am
Business & Finance Russia says repaid dollar debt in rubles amid default fears MOSCOW: Russia has made two interest payments on dollar-denominated debt in rubles, the country’s finance ministry... Published 24 Jun, 2022 06:15am
Editorials Taxing foreign lenders EDITORIAL: Interestingly, the Federal Board of Revenue (FBR) seems to have quite an appetite for novelties; just not... Published 18 Jun, 2022 06:00am
Opinion A fiscal quagmire: genesis In the last article, many readers felt that there was no explanation as to how we came to this pass and what ... Published 25 May, 2022 04:40am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points