pakistan debt
FM Aurangzeb Confirms Pakistan’s $500m Eurobond Repayment
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Finance Minister Muhammad Aurangzeb has confirmed that Pakistan successfully repaid its $500m Eurobond on September 30, reassuring investors of the country’s ability to meet future…
Pakistan Public Debt Skyrockets as Govt Borrows Rs25.4bn Every Day
2 min read
Pakistan public debt has soared to an unprecedented Rs80.5 trillion by the end of June, with an alarming daily addition of Rs25.4 billion, breaching statutory…
World Bank Approves Additional $70 Million Credit
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The World Bank has approved an additional $70 million credit for the Pakistan Raises Revenue project, bringing the total funding to $470 million. This financing…
Pakistan shows appreciation for the suspension of $367 million in debt owed to Japan
2 min read
As reported by ARY News, Pakistan and Japan have signed a debt suspension agreement worth $367 million. Under the deal, the Pakistani government will reimburse…
Pakistan’s public debt shoots up to Rs3.7 trillion in a year: SBP
2 min read
With the government under pressure to reduce its reliance on short-term debt to minimize refinancing risks, it has been revealed by a recent State Bank…
Google makes so much money that it can pay Pakistan’s debt in 50 days
2 min read
Google’s parent company, Alphabet, reported another pretty solid profit for its first quarter of 2018. The company has continued to keep its business growing substantially…
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