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Pakistan debt News

01 Jul 2023

Pakistan got loan from IMF!

Prime Minister of Pakistan Shahbaz Sharif has got alms. Pakistan has got a big relief. The Government of Pakistan and the IMF have reached an agreement of three billion dollars.

29 May 2023

Deshhit: Pakistan is not even capable of giving education!

The economic crisis spread in Pakistan has reached Delhi. School closed in Pakistani High Commission in Delhi. Teachers were not given salary for many years.

08 Mar 2023

Cash-Strapped Pakistan's Debt Jumped By PKR 4 Trillion In January 2023

By the end of June 2023, Pakistan`s interest-to-revenue ratio, which was the worst in the region (just behind Sri Lanka) at 42 per cent, will balloon up to 54 per cent.

25 Feb 2023

China Lends USD 700 Million To Cash-Strapped Pakistan Amid IMF Loan Delay

Pakistan has received USD 700 million from China This comes amid the country's severe economic crisis The country's forex reserves had slipped to alarming levels this month

31 Oct 2022

Pak PM Shehbaz Sharif to meet China's Xi Jinping on Nov 1 - Top 5 points

Shehbaz Sharif is scheduled to meet Chinese President Xi Jinping on Nov 1 Sharif will be the first foreign leader to meet Xi after the latter was elected for a 3rd term Sharif expressed his desire to "expand trade and investment ties with China"

18 Jun 2022

Pakistan following Sri Lanka's path to land in Chinese debt trap?

Pakistan is blindly following Sri Lanka's path which will lead the country to fall into the Chinese debt trap It is the mishandling of Pakistan's economy by successive governments that has led to the current impasse

11 Mar 2021

Panic in Pakistan government as UAE demands its $1 billion back

UAE has demanded its $1 billion loan back from Pakistan The deadline to return back $1 billion is March 12 Top officials of the Pakistan government are in panic mode

15 Sep 2018

We have no money to run Pakistan, God has created a crisis to change us: Imran

Maybe God has created the crisis because he wants us to change, says Pakistan Prime Minister Imran Khan on "debt trap".

05 Aug 2018

Pakistan needs $12 billion just to stay afloat, admits incoming FM

Asad Umar has denied his country has a Chinese debt problem but admits a bailout package is the urgent need of the hour.

18 Apr 2018

Military and debt are over half of Pakistan budget, only 15.2% for development

In 2018-19, Pakistan will borrow more than it will repay.

16 Jan 2018

On CPEC projects, now it is Pakistanis who need security clearance, not foreigners

The highly unusual move comes after a Chinese engineer disappeared last month

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