Fiscal Challenges

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Fiscal Challenges

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Business

Web Desk
Jan 09, 2024

Debt dilemma: Pakistan’s high bank borrowings defy revenue success

In a disconcerting development, the government of Pakistan’s borrowings from banks have witnessed a troubling upward trend, raising alarms about the country’s deepening debt situation and casting shadows over its poised positive economic outlook.

Business

Web Desk
Nov 10, 2023

SBP reports slight increase in forex reserves

The State Bank of Pakistan reported a marginal increase of $3.7 million, bringing its foreign exchange reserves to $7.51 billion.

Business

Web Desk
Nov 10, 2023

Pakistan’s central govt debt soars to Rs62.29 trillion

The latest data released by the State Bank of Pakistan (SBP) reveals a notable 25.94 per cent year-on-year surge in the central government’s total debt, reaching Rs62.291 trillion in September 2023.