Tag: repayment
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Pakistan’s debt burden increases by Rs86.28 billion within seven days
In the week ending January 12, the government of Pakistan increased its debt burden by Rs86.28 billion, bringing the total net borrowing for the ongoing fiscal year 2024 to Rs2.57 trillion, as per the latest estimates from the State Bank of Pakistan (SBP).
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SBP-held foreign exchange reserves dropped to 9-year low of $4.34 billion
State Bank of Pakistan held foreign exchange reserves drop to nine year low.
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Pakistan is committed to completing IMF programme while meeting debt repayments on time: Ishaq Dar
Pakistan is committed to completing the International Monetary Fund (IMF) programme while meeting external debt repayments on time, Finance Minister Ishaq Dar said on Tuesday.
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Pakistan gets temporary relief of $3.68 billion from G-20 countries
The Ministry of Economic Affairs stated that the Government of Pakistan and the French Republic on Monday signed an agreement as part of the G20 Debt Service Suspension Initiative (DSSI). The government signed a DSSI, which amounted to the suspension of loans totaling $107 million under the G20 DSSI framework, according to a statement made…