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Tag: Fiscal Challenges

Pakistan's debt and interest payments
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.

State bank of Pakistan monetary policy
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.

Govt debt
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.

Latest

Pentagon seeks $80 billion to cover Iran war costs, WSJ reports
  • Web Desk
  • 8 Hours ago
Pentagon seeks $80 billion to cover Iran war costs, WSJ reports
Supreme Court says judges with tainted reputation cannot remain on bench
  • Ahsan Wahid
  • 8 Hours ago
Supreme Court says judges with tainted reputation cannot remain on bench
Pakistan cuts petrol price by Rs74, diesel by Rs67
  • Muhammad Faizan Khan
  • 9 Hours ago
PM announces reduction in petrol price by Rs74, diesel by Rs67
KP chief minister presents Rs2.12tr budget for 2026-27
  • Anwar Zeb
  • 9 Hours ago
KP chief minister presents Rs2.12tr budget for 2026-27
Iran to allow UN inspectors access to nuclear sites, US envoy says
  • Web Desk
  • 10 Hours ago
Iran to allow UN inspectors access to nuclear sites, US envoy says
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