The problem – or privilege – of having a lot of foreign debt is one shared mainly among industrialized nations. Topping the ranking of the countries that borrowed most from others is the United States, which is 17.91 trillion U.S. dollars …
Read More »Pakistan’s Capital Markets (Facts & Figures)
Debt Capital Markets In Pakistan S.No Type of Security No. of Issues Amount(Rs billion) i. Listed TFC 1 7.00 ii. Privately Placed Term Finance Certificates 5 13.7 iii. Privately Placed Sukuk 7 23.53 iv. Privately Placed Commercial Papers 4 4.42 …
Read More »Review of oil and gas, power and renewable energy sector of Pakistan
Economic role of natural gas Pakistan’s primary energy supply mix clearly shows natural gas as playing major role in country’s economic development by accounting for nearly 50 percent of its total primary energy supply mix. Pakistan’s natural gas production has …
Read More »Circular debt to power producers hits Rs 807 billion
Over the last one year, the Ministry of Finance of Government of Pakistan showed that there has been no significant change in the consumption pattern of energy, although the share of households in electricity consumption has risen slightly to 51 …
Read More »Unsecured debt hits record high in the UK
According to TUC analysis of ONS figures, unsecured debt in the UK has reached a new record level of £15,400 per household. The TUC general secretary, Frances O’Grady, said: “Household debt is at crisis level. Years of austerity and wage stagnation has pushed millions …
Read More »Over 100 Million Americans Have Auto Loans
America’s mountain of car loan debt is getting higher. A Finder analysis of Federal Reserve Bank of New York data found that Americans accumulated $568.6 billion in auto loans by the end of 2017. Last year, the average amount borrowed for a new …
Read More »Poverty alleviation, human development ought to progress
Prime Minister Imran Khan has claimed in his several speeches that his government is committed to alleviate poverty and rehabilitate the weak and poor sections of the society. Present government must take practical steps for supporting the poor and reducing …
Read More »Prioritising in times of Crisis (Facts & Figures)
Pakistan’s external debt servicing (Principal + Interest) (Million US$) Description FY – 17 FY – 18 Principal Interest Total Principal Interest Total A. Public debt (1+2+3) 5,127 1,400 6,526 4,191 1,787 5,977 1. Government debt 5,127 1,227 6,354 4,105 1,555 …
Read More »Bail out by IMF or plunging Pakistan deeper into debt trap
The critics of Prime Minister Imran Khan are firing all sorts of shots at him. The biggest blame is that the person who didn’t want to approach International Monetary Fund (IMF) has conveniently bowed down rather than making an effort …
Read More »Pakistan is at a crossroads: 7pc economic growth has become mandatory
Having undergone a whopping trade deficit of over $38 billion and spooky current account deficit of $18 billion, Pakistan must take outright measures to curtail import to the maximum failing to which the economic woes could cripple every sector of …
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