debt

World Bank, IMF urge debt relief for poorest countries

In a joint statement, the institutions called on official bilateral creditors to immediately suspend debt… Read More

Charred dead body discovered from Orangi Town, suicide alleged

The police investigation revealed that the deceased was in a 30-35000 rupee debt and was… Read More

Govt paid off over $10 billion debt in first year, Hammad Azhar tells Senate

'Foreign exchange reserves are also on an upward trajectory' Read More

Sukkur woman sells her daughter to pay off debt

Police carried out a raid at the wedding ceremony and arrested the groom. Read More

Americans have more debt, need family help to buy homes: report

The report shows the median sales price in September was up to $272,100 compared to… Read More

Past rulers plunged country into heavy debts for personal interests: Buzdar

The hard times are near to end, he maintained. Read More

Govt forms high-powered commission to probe loans acquired in last 10 years

The federal government here on Friday formed a high-powered commission, headed by Hussain Asghar, to… Read More

Pakistan’s gross public debt gushed by 16.6% during FY18

LAHORE: The annual report on “State of Economy” for FY18, released by State Bank of Pakistan… Read More

Pakistan needs to get out of this debt dependency trap: minister

ISLAMABAD: From cutting power subsidies to forcing currency devaluations that stoke inflation, the hard choices… Read More

US says closely evaluating Pakistan’s plea for IMF bailout

WASHINGTON: The United States (US) has said it is closely examining Pakistan’s request for the… Read More

Pakistan, Italy extend Debt for Development Swap Agreement

Pakistan and Italy have agreed to further extend the timeline of the Pak-Italian Debt for… Read More

‘Corrupt government? You voted for them!’ says China at Africa summit

BEIJING: As President Xi Jinping gathered together leaders from almost all countries of Africa for… Read More

As debt levels rise, Thai citizens struggle to keep up

BANGKOK: Pimpa Panlao, 31, is struggling to pay off an 80,000 baht ($2,440) bank loan… Read More

Each Pakistani owes Rs0.124 mn in debt today, says Imran

DHUR KOT: Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Thursday said each Pakistani owed Rs0.124… Read More

Mounting household debt a stability risk: IMF

WASHINGTON: Growing household debt may offer a quick boost to economic growth but can raise… Read More

Chinese woman undergoes plastic surgery to evade $3.7 million debt: media

SHANGHAI: A 59-year old woman from the central Chinese city of Wuhan transformed her appearance… Read More

Fitch affirms Pakistan in B category with stable outlook

ISLAMABAD: Fitch Ratings has affirmed Pakistan's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at… Read More

Pakistan’s public debt crosses Rs. 18 trillion mark

ISLAMABAD:  Pakistan’s public debt mark increased by 35 percent as it crossed over Rs. 18 trillion… Read More

IMF warns global debt at record high

WASHINGTON: Worldwide public and private debt is at an all-time high, posing a substantial impediment… Read More

Warning sign on China debt reaches record level: report

BEIJING, CHINA: A key gauge of China's debt has reached its highest level on record,… Read More