In August 2023, the total public debt of the federal government surged by 29 percent compared to the same month in the previous year, according to monthly data released by the State Bank of Pakistan (SBP). The debt stock rose to Rs. 63.996 trillion in August 2023, up from Rs. 49.572 trillion in ...

The PTI government has incurred $39.7 billion in foreign loans and grants during its tenure of 40 months. The Ministry of Economic Affairs Division has compiled its performance report under the PTI regime in this regard. The PTI government has availed $39.7 billion loan and grants from August ...

ISLAMABAD - US top government official makes surprise demands from China regarding Pakistani debts wipe off. USA asked China to wipe off or rework what it termed “unsustainable and unfair” debt of Pakistan as it once again reiterated questions over the opaqueness in the multibillion-dollar ...

ISLAMABAD - Pakistani PM Imran Khan makes a big demand from the international community over debts of developing countries including India. Prime Minister Imran Khan called on the international community to write off the debts of vulnerable countries, such as Pakistan, as he believes that the ...

NEW DELHI - Total liabilities of the Indian government has increased 49 per cent to INR82 lakh crore in the last four-and-half years during the Narendra Modi government, as per the 8th Edition of the Status Paper on Government Debt. Compared to the latest data available till September 2018, when ...

ISLAMABAD - The Deputy Chief of Mission at the Chinese Embassy in Pakistan Lijian Zhao on Thursday defended the China-Pakistan Economic Corridor (CPEC) investment and said it was western countries that had pushed Pakistan in a debt trap. Rubbishing criticism of the CPEC published in the *New York ...

ISLAMABAD - Pakistan International Airlines (PIA) total debt has crossed Rs. 247 billion. The above revelation came in a National Assembly session where the Aviation Division told the House that PIA has accumulated a debt amounting Rs.247 billion. As per the details, the flag carrier has ...

ISLAMABAD - Pakistan’s debt and liabilities have hit the highest level of its history. Debts and Liabilites rose to nearly Rs31 trillion at the end of September 2018 with an addition of Rs 984 billion in just three months. According to the statistics issued by the State Bank of Pakistan ...

ISLAMABAD - China's Ambassador Yao Jing on Friday said that the financial support provided for the USD 50 billion China-Pakistan Economic Corridor (CPEC) was not a burden on the economy of Pakistan. He told media in the Chinese embassy in Islamabad that the CPEC was a win-win project for both ...

ISLAMABAD - China's Ambassador Yao Jing on Friday said that the financial support provided for the USD 50 billion China-Pakistan Economic Corridor (CPEC) was not a burden on the economy of Pakistan. He told media in the Chinese embassy in Islamabad that the CPEC was a win-win project for both ...