Search For "foreign loans"
Pakistan's foreign loans soar to USD 10.4 billion in July-December
Updated : 6 months, 2 weeks ago IST
Islamabad [Pakistan], January 28 (ANI): Pakistan has borrowed USD 10.4 billion in the past six months, which was higher by 78 per cent over the same period of last year, as it struggled to address the growing current account imbalance and keep the debt-financed foreign exchange reserves at c
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Pakistan gets USD 4.6 billion foreign loans in five months
Updated : 7 months, 3 weeks ago IST
Islamabad [Pakistan], December 24 (ANI): Pakistan has received around 4.6 billion US dollars in foreign loans during the first five months of the current fiscal year, taking its total loan inflows to about 40 billion US dollars since July 2018, local media reported on Friday.
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Pakistan's debt mounts over USD 15 billion, breaking previous year's recor
Updated : 7 months, 3 weeks ago IST
Islamabad [Pakistan], December 19 (ANI): Shattering the previous record of 10.45 billion US dollars, Pakistan took out 15.32 billion US dollars in new foreign loans in the fiscal year 2020-21, according to a new government report.
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Pakistan borrows USD 14.3 billion foreign loans in FY21
Updated : 1 year ago IST
Islamabad [Pakistan], July 20 (ANI): Pakistan Ministry of Economic Affairs reported on Monday that the government received USD 14.283 billion foreign loans during the fiscal year 2020-21, compared to USD 10.66 billion in 2019-20, showing an increase of 34 per cent.
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Pakistan's external debt likely to increase as dependence on foreign loans
Updated : 1 year, 1 month ago IST
Islamabad [Pakistan], June 30 (ANI): Pakistan's external debt is likely to increase in the near future as it is under compulsion to borrow more and more every year to repay its outstanding external loans, finance its current account and build its forex reserves.
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With high inflation, unemployment, Pakistan plans to take $16 billion fore
Updated : 1 year, 2 months ago IST
Islamabad [Pakistan], June 9 (ANI): Having high unemployment, poverty and inflation, the Pakistan economy is under stress and the government plans to take nearly $16 billion gross foreign loans in the next fiscal year to meet the requirements of maturing external public debt and cover up the
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Imran Khan govt borrowed USD 33 billion in foreign loans, says Bilawal Bhu
Updated : 1 year, 3 months ago IST
Islamabad [Pakistan], May 10 (ANI): As Pakistan's financial debt continues to mount, Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari on Monday criticised Imran Khan led-Pakistan Tehreek-e-Insaf (PTI) government and said that the government has so far borrowed over USD 33 billion
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Debt-ridden Pakistan's reliance on foreign commercial loans rise
Updated : 1 year, 4 months ago IST
Islamabad [Pakistan], March 23 (ANI): Even as Pakistan's foreign debt and liabilities continue to mount, its reliance on foreign commercial loans has been increasing at rapid pace as the country obtained USD 3.110 billion through this head out of a total of USD 7.2 billion external loan infl
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Pakistan foreign borrowing soars to USD 6.7 bn as debt mounts
Updated : 1 year, 5 months ago IST
Islamabad [Pakistan], February 27 (ANI): As Pakistan's financial debt continues to mount, the Imran Khan government received USD 6.7 billion in gross foreign loans in the first seven months of the current fiscal year, including a new commercial loan of USD 500 million from China last month.
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