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PAKISTAN DEBT
Pakistani PM Shehbaz Sharif refuses to answer questions on Hafiz Saeed, LeT during UNGA visitDuring the 81st United Nations General Assembly, Pakistan Prime Minister Shehbaz Sharif avoided questions about Hafiz Saeed. Reporters aske...
From counter-terrorism to climate finance, MEA Secy Dalela highlights India's priorities at UN meetingsSecretary (Economic Relations) at the Ministry of External Affairs (MEA) Sudhakar Dalela participated in three engagements which brought to...
Climate disasters are growing. So are cuts to programs that prepare for themClimate-related disasters in the Himalayas have intensified, leading to devastating impacts on communities and economies. Aid cuts have sig...
Pakistan to seek bigger China swap line as $30 billion facility nears renewalPakistan plans to request an increased swap line with China upon its 2027 expiration. The nation anticipates a U.S. response regarding a pr...
Why Japanese monks are turning to stocks, US treasuries and real estateJapanese Buddhist temples are turning to financial markets as a solution to their rising maintenance expenses. With fewer members and reduc...
‘Business is terrible’: War leaves Iran’s Bandar Abbas quietBandar Abbas faces economic decline as a US blockade impacts port activities. Many businesses have closed, leaving hundreds jobless and str...
Nepal’s request for flood payout tests new climate-aid systemNepal seeks climate compensation for flood damages from a new UN fund. The nation faces immense costs for recovery and rebuilding after rec...
NRI selling inherited property in India? Agricultural land, farmhouse, and plantation property have stricter sale and repatriation rulesNon-Resident Indians (NRIs) hold the right to inherit property in India; however, selling such assets involves navigating a complex set of ...
Pakistan seeks USD 10 billion US facility to bolster forex stabilityPakistan seeks a $10 billion US facility to bolster its foreign exchange reserves. This move aims to reassure international investors and s...
Emerging markets defy global shocks as investors return to local assetsEmerging markets are seeing renewed investor interest despite geopolitical tensions, trade risks and AI-driven volatility, with debt attrac...
Pakistan celebrates Independence Day: Here's how its stock market performed in last one yearPakistan celebrates its 79th Independence Day as the KSE-100 index delivers a 23% return over the past year despite geopolitical tensions a...
Why is Pakistan's ally US upset over PKR3 trillion defence budget spending?The US State Department has urged Pakistan to bring military and intelligence budgets under civilian oversight. Greater disclosure of gover...
Global Markets Today: Asian stocks mixed, oil extends gainsAsian markets showed cautious optimism as crude oil prices experienced slight increases, with eyes on potential agreements in the Middle Ea...
US asks Pakistan to subject military, intelligence budgets to public oversightThe United States has urged Pakistan to improve fiscal transparency measures. Pakistan must subject military and intelligence budgets to pu...
World Bank warns Pakistan’s diversion of Balochistan housing funds could deepen povertyThe World Bank expressed serious concern over redirecting housing funds. This move could deepen poverty and increase disaster vulnerabiliti...
Pakistan minister says governance has ‘collapsed’; warns united ‘cockroaches’ can ‘turn everything upside down’Pakistan's interior minister declared the nation's governance system has collapsed. He called for sweeping constitutional reforms and new a...
S&P raises Pakistan's sovereign rating to 'B'S&P upgraded Pakistan's rating to 'B' from 'B-'. This upgrade reflects improved institutional stability and key IMF-backed reforms. Reforms...
Saudi Arabia rolls over $3 billion loan to Pakistan: ReportSaudi Arabia has rolled over its USD 3 billion debt to Pakistan. Pakistan's finance minister confirmed the debt rollover was completed. The...
China still Pakistan's top bilateral creditor, share down to 22% from 25% last year: West BengalPakistan's external debt reached $130.85 billion in 2024, with China and Saudi Arabia as the largest bilateral creditors. The debt burden s...
How bad is Pakistan's debt crisis and can the IMF save it?Negotiations for a new government in Pakistan have calmed fears of instability following inconclusive elections, but the risk of an economi...