Pakistan debt News

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.

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.

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. 

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

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"

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

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

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

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

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

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