Bank of America Sees Pakistan Rupee to Devalue to 340, Recession as Viable Option for Recovery
Karachi July 5 2023: Pakistan Rupee will depreciate to 340 against dollar by end of fiscal year 2024 while recession ...
Tag: Debt restructuring
Sri Lanka Private Creditors Have ‘Almost Agreed’ to 30% Haircut
Colombo July 4 2023: Sri Lanka’s foreign creditors are agreeable to restructuring the nation’s debt as per International Monetary Fund ...
Pakistan’s Budget Lacks Major Revenue-Raising or Spending-Containment Measures to Alleviate Intense Liquidity Pressures, Moody’s Says
New York June 15 2023: Pakistan's budget does not contain significant revenueraising or spending-containment measures and very weak debt affordability ...
SBP Rules Out Debt Restructuring, $3.2 Billion External Payment Due in Next Three Weeks
Karachi June 12 2023: State Bank of Pakistan is not considering debt restructuring of domestic debt as there is no ...
No Need of Debt Restructuring Given Rigorous Reforms, Pakistan’s Finance Ministry Says
Islamabad May 27 2023: A spokesman for the Ministry of Finance on Saturday said Pakistan’s economy was moving firmly in ...
Pakistan Premier Reached Doha To Attend United Nations Conference On the Least Developed Countries
Doha March 5 2023: Prime Minister Muhammad Shehbaz Sharif on Sunday arrived Qatar on a two-day official visit where he ...
Chinese Premier Talks with IMF Managing Director On Debt Problems of Low Income Countries
Beijing March 2 2023: Chinese Premier Li Keqiang talked with Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva ...
US and World Bank Rejects China’s Idea of Having Haircut on Developing Economies Debt
Bengaluru February 25 2023: Disagreements hobbled prospects for progress on crucial debt restructuring talks held on the sidelines of the ...
China Calls for Haircuts on Loans Extended to Developing Nations, WB to Provide Concessions in Debt Restructuring
Bengaluru February 25 2023: The World Bank will "provide as much concessionality to the debt treatment" for distressed economies as ...
IMF Flags Debt Restructuring Hurdles, Banning Crypto Should be an Option
Bengaluru February 25 2023: There are some disagreements over restructuring debt for distressed economies, the chief of the International Monetary ...
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