The United Arab Emirates is preparing a contingency economic plan. This plan aims to protect the economy from disruption and boost long-ter...

Pakistan obtained a record USD 26.7 billion in foreign loans last fiscal year. Nearly half were rollovers of previous loans. Only a small p...

Pakistan is negotiating with Middle Eastern banks to borrow around USD 4 billion to meet its external financial needs. This is part of the ...

Despite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR...

The Pakistan government borrows funds from commercial lenders, multilateral institutions, the Paris Club, and international financial insti...

It is a pertinent question to enquire whether Pakistan's external debt of USD 126.3 billion (by the end of December 2022) is unsustainable ...

In addition to downgrading long term deposit ratings of the five banks, Moody’s also downgraded their foreign Currency Counterpart Risk Rat...

Data compiled by the Ministry of Economic Affairs showed that foreign loan disbursements from July to December 2022 stood at a mere USD 5.6...

The country's external debt servicing rose to USD 10.886 billion in the first three quarters of 2021-22 compared to USD 13.38 billion in th...

Pakistan had made repeated requests to Beijing to rollover the debt and the latest request was made last week to the top Chinese leadership...

Having high unemployment, poverty and inflation, the Pakistan economy is under stress and the government plans to take nearly $16 billion g...

Serious disagreements have surfaced between the two countries over the Main Line 1 (ML-1) railway project. China is expected to lend $6 bil...

The South Asian nation owes $6.7 billion in commercial loans to China over the three years through June 2022.

It is the first bailout package approved by the government of Prime Minister Imran Khan, who is also the minister in charge of the Aviation...

The People's Bank of China, the country's central bank, said today it had extended a currency swap agreement with the State Bank of Pakista...

Pak's heavy borrowing from Chinese banks in April has helped the country avert a foreign exchange crisis, but there may also be a CPEC angl...

In January, the country took a total of $704 million worth of new loans, taking foreign borrowings to $6.6 billion in just seven months of ...