The PKR 2.55 trillion defense allocation is the largest budget outlay after interest payments, which account for a massive ...

It is no secret that Pakistan is currently struggling. Prices are increasing, the standards of living are dropping, and the ...

“Now I am in debt with no money ... per year from 2006 to 2018. In Pakistan, with the rising levels, saline water is entering cultivated land, destroying crops and mangroves, critical for ...

foreign reserves are at low levels, and the exchange rate is under pressure. Debt servicing has become an acute problem for Pakistan. In the last 20 years, Pakistan has not only paid external ...

As seen in Chart 1, Pakistan’s total external ... Chart 3 | The chart shows the external debt stocks owed by select countries in $. Notably, China too, during high levels of economic expansion ...

The major contributor to this rise was the government’s domestic ... There was an approximal 2.7% increase in the level of external debt of Pakistan as a percentage of GDP in FY22 as compared ...

With Pakistan's reserves decling to such low levels, chances of default against commercial debt rises ... this would also lead to a rise in inputs cost for the industry, thereby pulling down ...

Initial estimates indicate flood-caused damage at an alarming level of around ... in southern Pakistan was significantly more intense than it would have been without a rise in global temperatures ...

Carmen Reinhart, the World Bank’s chief economist, said: “Economies across the globe face a daunting challenge posed by high and rapidly rising debt levels. Policymakers need to prepare for ...

Resistance has stiffened under the new government of populist Prime Minister Imran Khan, who has voiced alarm about rising debt levels and says Pakistan must wean itself off foreign loans.

who has voiced alarm about rising debt levels and says the country must wean itself off foreign loans. "We are seeing how to develop a model so the government of Pakistan wouldn't have all the ...