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Let’s Talk: can IMF loan save calamity-hit Pakistan?

Cataclysmic floods push Pakistan back by decades in terms of development, infrastructure and economic stability.… Read More

Risk of debt default: APTMA demands ‘energy emergency’ in Pakistan

KARACHI: All Pakistan Textile Mills Association (APTMA) has expressed concern over the country's economic situation… Read More

Sheikh Rasheed says political instability heading Pakistan towards default

LAHORE: Former Interior Minister Sheikh Rasheed on Sunday warned that political instability is heading the… Read More

‘Default risk’: IMF sets new condition for Pakistan

ISLAMABAD: The International Monetary Fund (IMF) is looking to assess Saudi Arabia’s commitment to financing… Read More

Russia slides towards default as payment deadline expires

Russia edged closer to default on Sunday amid little sign that investors holding its international… Read More

Default looming: K-Electric to pay almost Rs2.5bn to SSGC

KARACHI: K-Electric Limited, which cuts off connections due to non-receipt of electricity bill, turned out… Read More

Pakistan is heading towards a ‘default’ rapidly : Ex FBR Chief

Islamabad: Former Chairman FBR Shabbar Zaidi has said that Pakistan is heading rapidly toward economic… Read More

Lender kills minor girl in loan repayment row

FAISALABAD: A six-year-old girl was killed in Faisalabad when a loan shark opened fire at… Read More

Puerto Rico to default on $422 mn debt payment: governor

SAN JUAN: Puerto Rico's financial crisis deepened Sunday as Governor Alejandro Garcia Padilla announced the… Read More

Pakistan risks default as $50bn debt due this year

ISLAMABAD: Pakistan is facing a looming threat of defaulting on its debt despite recent improvement in… Read More

Greece stares at IMF default days ahead of referendum

ATHENS, GREECE: Greece on Tuesday looked set to miss an IMF payment and default, with a… Read More