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COMMERCIAL BORROWING PAKISTAN
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- Cash-strapped Pakistan seeks $4 bn loan from Middle East banks to meet financial obligationsPakistan is negotiating with Middle Eastern banks to borrow around USD 4 billion to meet its external financial needs. This is part of the ...23 Aug, 2024, 03.56 PM IST
- Pakistan's public sector enterprises suffocate under mounting PKR 1.7 trillion debtDespite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR...08 Jul, 2024, 07.48 AM IST
- Pakistan's debt, liabilities soar to Rs 56.21 trillion in FY23The Pakistan government borrows funds from commercial lenders, multilateral institutions, the Paris Club, and international financial insti...17 Aug, 2023, 09.17 PM IST
- Pakistan’s flawed external debt policyIt is a pertinent question to enquire whether Pakistan's external debt of USD 126.3 billion (by the end of December 2022) is unsustainable ...01 Jul, 2023, 08.13 AM IST
- Pakistan’s banking sector faces strong headwindsIn addition to downgrading long term deposit ratings of the five banks, Moody’s also downgraded their foreign Currency Counterpart Risk Rat...13 Apr, 2023, 07.47 PM IST
- Pakistan's foreign loan inflows slow down: Ministry of Economic AffairsData compiled by the Ministry of Economic Affairs showed that foreign loan disbursements from July to December 2022 stood at a mere USD 5.6...28 Jan, 2023, 02.27 PM IST
- China falls into its own debt trap as loans under Belt and Road Initiative pile upUnder the BRI, China dumped over USD 1 trillion as loans to nearly 150 developing and least developed countries at high rates of interest, ...03 Oct, 2022, 05.13 PM IST
- Pakistan stares at serious economic crisis amid fast-depleting forex reservesThe 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...14 Jul, 2022, 09.39 AM IST
- Cash-strapped Pakistan says China agreed to rollover $4.2 billion debtPakistan had made repeated requests to Beijing to rollover the debt and the latest request was made last week to the top Chinese leadership...24 Mar, 2022, 12.02 AM 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-Pakistan embroiled in major disagreement over CPEC fundingSerious disagreements have surfaced between the two countries over the Main Line 1 (ML-1) railway project. China is expected to lend $6 bil...25 Jan, 2021, 11.28 AM IST
- Pakistan owes China more money than it owes the IMFThe South Asian nation owes $6.7 billion in commercial loans to China over the three years through June 2022.04 Oct, 2019, 09.16 AM IST
- Pak govt approves Rs 1,700 crore bailout package to keep PIA afloatIt is the first bailout package approved by the government of Prime Minister Imran Khan, who is also the minister in charge of the Aviation...13 Nov, 2018, 01.49 PM IST
- China extends currency swap deal with PakistanThe 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...24 May, 2018, 05.03 PM IST
- Pak borrows USD 1 billion from Chinese banks to avoid crisis: ReportPak'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...24 May, 2018, 06.24 AM IST
- Pakistan borrows $500 million from China to shore up its reservesIn 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 ...17 Feb, 2018, 03.46 PM IST
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