For a few billion dollars, Pakistan has landed in dire straitsPakistan is facing big economic stress after the UAE has demanded repayment of a multibillion-dollar deposit. This has strained the country...
15 Apr, 2026, 12.03 AM IST
Pakistan says all options on table for funding, weighs strategic fuel reservePakistan is exploring various financing options, including Eurobonds and commercial debt, to replace a $3.5 billion UAE facility and bolste...
14 Apr, 2026, 08.43 AM IST
Pakistan govt secured $26.7b in loans in last fiscal year: ReportPakistan obtained a record USD 26.7 billion in foreign loans last fiscal year. Nearly half were rollovers of previous loans. Only a small p...
23 Jul, 2025, 12.21 PM IST
China assures Pak USD 3.7 billion loan to keep foreign exchange reserves in double digitsChina has assured Pakistan it will re-lend USD 3.7 billion in Chinese currency before the end of June, bolstering Pakistan's foreign exchan...
28 May, 2025, 07.25 PM IST
Cash-strapped Pakistan makes formal request to IMF for another bailoutPakistan has formally requested a new bailout package from the International Monetary Fund (IMF), ranging between USD 6 to USD 8 billion. T...
20 Apr, 2024, 11.49 AM IST
Pakistan set to repay USD 1 billion against EurobondThe move will reduce the stock of the debt acquired through selling Eurobonds and Sukuks (bond-like instruments used in Islamic finance) in...
07 Apr, 2024, 01.36 PM IST
Pakistan averts default; pays USD 1 billion Sukuk bond before scheduleThe country's foreign exchange reserves have depleted to a critically low level of USD 7.5 billion at present due to the repayment of matur...
03 Dec, 2022, 01.58 PM IST
Pakistan shrugs off concerns over its 2023 external financing needsPakistan's economy, already in turmoil, has been badly hit by devastating floods this monsoon season which are estimated to have caused ove...
19 Oct, 2022, 11.18 PM IST
Pakistan says it will not seek Paris Club debt restructuringFinance Minister Ishaq Dar made the statement at a press conference days after rating agency Moody's last week downgraded Pakistan's credit...
09 Oct, 2022, 10.37 PM IST
Pakistan contests Moody's ratings downgrade, says can meet its obligationsMoody's cut Pakistan's sovereign credit rating on Thursday by one notch to Caa1 from B3, citing increased government liquidity and external...
07 Oct, 2022, 02.24 PM IST
Pakistan's finance minister Miftah Ismail says he will formally resign from role"I have verbally resigned as Finance Minister," Ismail said in a Tweet, adding that he had signalled his plans to the country's Prime Minis...
26 Sep, 2022, 12.41 AM IST
Pakistan in dire need of $36 billion to avert economic collapseThe country's international bonds have lost almost one-third of their value and Finance Minister Miftah Ismail has announced that Pakistan ...
29 May, 2022, 07.17 PM IST
Pakistan raises $1 bn through Islamic bond at record interest to keep forex reserves afloatPakistan has raised a whopping USD 1 billion loan through the Sukuk bond at a record 7.95 per cent interest rate, the highest cost that the...
25 Jan, 2022, 04.20 PM IST
With high inflation, unemployment, Pakistan plans to take $16 bn foreign loansHaving high unemployment, poverty and inflation, the Pakistan economy is under stress and the government plans to take nearly $16 billion g...
09 Jun, 2021, 10.42 PM IST
China pumps-in USD 2.2 billion in Pakistan's dwindling forex reservesFinance Ministry Spokesperson Khaqan Hassan Najeeb said the funds deposited in the State Bank of Pakistan would strengthen the stability of...
25 Mar, 2019, 09.54 PM IST
Pakistan to offer $1 billion Eurobond this weekCash-strapped Pakistan will raise at least $1 billion from international debt markets in the next two days by Eurobonds offerings, a media ...
23 Sep, 2015, 12.28 PM IST
Pakistan to issue $1 bn Eurobond next year to boost reservesPakistan is planning to raise $1 billion from international debt markets through a Eurobond offering next year.
08 May, 2015, 03.28 PM IST