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AT&T: $143B Debt, Is It A Stock Sinker Or A Hidden Gem? (NYSE:T)

AT&T: $143B Debt, Is It A Stock Sinker Or A Hidden Gem? (NYSE:T)
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Pakistan's Existential Economic Crisis | United States Institute of Peace

Pakistan’s stability increasingly depends on the outcome of an ever-worsening economic crisis. Amid skyrocketing inflation, political conflict between Prime Minister Shehbaz Sharif’s government and former Prime Minister Imran Khan, and surging terrorism, the country is facing the risk of a default due to its massive external debt obligations. This burden has been exacerbated by the derailment of the $6.5 billion International Monetary Fund (IMF) program Pakistan entered in 2019, as the international lender is unsatisfied with Pakistan’s commitment to reform and ability to arrange for funds to meet external financing requirements. Troublingly, Pakistan’s official foreign exchange reserves are hovering around $4 billion, which is insufficient to finance even a one-month of the country’s import bill. ....

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Pakistan's journey towards a sovereign default

Today, the cost of interest payments on debt is Rs4.8 trillion, 50% of our federal budget ....

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Minutes of the Meeting of the Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association August 4, 2020

Minutes of the Meeting of the Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association August 4, 2020
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