Pakistan among developing countries in the grip of debt problems
It needs upwards of $22bn to service external debt and pay other bills for fiscal year 2023-24
Source: dunyanews.tv
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Pakistan vulnerable to inflation, high interest rate, rupee depreciation, low GDP
Finance ministry also highlights debt, poor performance of SOEs, delay in reforms as risks
Source: dunyanews.tv
Debt management: FD advocates balanced approach
ISLAMABAD: Fiscal discipline is essential to maintain primary surplus as total public debt/revenue and debt...
Source: brecorder.com
Public debt stands at Rs59,247bn in March - Business & Finance
ISLAMABAD: Finance Ministry has stated that the total public debt stood at Rs59,247 billion in March 2023 with...
Source: brecorder.com
Factbox-Developing countries in the grip of debt problems
The persistent and damaging debt problems gripping a number of developing world nations will be a core topic during the G20 summit in Delhi next month. Zambia was the first African country to default during the COVID-19 pandemic and after a long-awaited burst of progress in recent months finally looks to be closing in on a repair plan. The details are still being worked on, but the government also hopes to reach a deal in the coming months with the international funds that hold its unpaid sovereign bonds.
Source: yahoo.com