Debt Crisis
Govt Struggles to Unlock Rs. 1.2 Trillion Circular Debt Facility Amid IPP Disputes
The government is facing challenges in fully utilizing a Rs. 1.225 trillion circular debt financing facility as negotiations continue with Chinese Independent Power Producers (IPPs)…
Inside Pakistan’s Rs. 81.4T Debt Crisis: External Liabilities Top Rs. 21T
Pakistan is drowning in a sea of red ink. During a recent meeting in Islamabad, the Senate Standing Committee on Economic Affairs revealed staggering new…
Pakistan’s Foreign Debt Interest Bill Jumps 84% in Three Years to $3.59 Billion
Pakistan’s interest payments on foreign loans have surged 84% over the past three years, reaching $3.59 billion, highlighting the growing cost of external borrowing. Rising…
Pakistan Gas Circular Debt Hits Rs. 3.28 Trillion, Lawmakers Warn of Energy Sector Collapse
Pakistan’s gas sector circular debt has surged to a record Rs. 3.28 trillion, raising fears of systemic collapse if urgent reforms are not implemented. The…
Pakistan’s Debt Hits Rs 318,000 Per Citizen in 2024
Pakistan’s debt has reached an alarming level, with every citizen now owing Rs 318,252, according to the Economic Policy & Business Development Think Tank. The…
