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 ...

Pakistan's wicketkeeper-batsman Muhammad Haris offered support to the injured pacer Nasim Shah on Friday. Due to a shoulder injury during the Asia Cup, Nasim Shah might be out of action for three to four months. This means he will miss the upcoming ICC World Cup 2023 in India as well. Shortly ...

Pakistan’s fiscal balance in the outgoing first half of FY23 posted a deficit of around Rs. 1.7 trillion, up 23 percent compared to the deficit during the same period of the previous fiscal year. In terms of percentage of GDP, the deficit arrived at 2 percent in 1HFY23, the same as last ...

KARACHI – Amid the ongoing political chaos in Pakistan, foreign exchange reserves held by the State Bank of Pakistan (SBP) have plunged to 10.45 percent, an alarming level and a four-year low. According to the data released by the central bank, SBP's foreign currency reserves were recorded at ...

Pakistan’s chances of defaulting on its debt have reached alarming new levels, with the cost of ‘insuring’ the country’s sovereign debt hitting another all-time high in devastating fashion. According to data by Arif Habib Limited (AHL), Pakistan’s benchmark 5-year Credit Default Swap ...

Pakistan’s default risk entered alarming new levels this week as the cost of ‘insuring’ the country’s sovereign debt shot up, scaring away investors. According to data by Arif Habib Limited (AHL), Pakistan’s benchmark 5-year Credit Default Swap (CDS) spiked on 11 November by 394 basis ...

*SUKKUR: Indus River will be in high flood at Sukkur Barrage on Tuesday after the water in the river surged to high flood at Guddu barrage, citing water level recorded at various gauge stations. * The water level in the river has surged by 50,000 cusecs at Guddu and Sukkur barrage during last 24 ...

*SUKKUR: An upsurge in water level in Indus river has submerged the katcha area and the villages’ link with cities has disrupted. * The above normal monsoon in the country has wreaked havoc in several parts of the country and also resulted in flooding in the Indus River, which has been in low ...

KARACHI – Former prime minister Imran Khan warned on Saturday that any attempt to harm him would harm those who would try to harm him. He was addressing a massive political gathering in Karachi as part of his mass contact campaign after his ouster from power through a no-confidence motion on ...

ISLAMABAD: Interior Minister Sheikh Rasheed Saturday said that he is seeing political incidents in the county while the institutions are neutral; however, they cannot remain “neutral” for too long. Speaking to *Geo News*, Rasheed said the ongoing situation is “alarming and disturbing”, ...