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Pakistan's foreign debt & liabilities continue to surge


Pakistan s foreign debt & liabilities continue to surge
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Till December, external debt and liabilities totaled $115.7 billion compared to $112.7 billion till June-end. Total external debt and liabilities were $110.7 billion till December 2019, according to the State Bank of Pakistan (SBP).
Pakistan’s foreign debt and liabilities increased by $3 billion or 2.6 percent during the six months period ended in December last, the country’s central bank’s data showed. Till December, external debt and liabilities totaled $115.7 billion compared to $112.7 billion till June-end. Total external debt and liabilities were $110.7 billion till December 2019, according to the State Bank of Pakistan (SBP).
Economist Ashfaque Khan told Pak Daily The News International that the external debt and liabilities (EDL) were increasing sharply even before the start of the coronavirus pandemic due to falling exports, sharp depreciation of exchange rate, ti ....

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Pakistan's debt, liabilities surge to Rs44.9trln in 2020

KARACHI: Pakistan’s total debt and liabilities increased 9.9 percent to Rs44.9 trillion during the last year, the central bank’s data showed on Thursday, as the government s fiscal. ....

International Monetary Fund , Debt Service Suspension Initiative , சர்வதேச பண நிதி , கடன் சேவை இடைநீக்கம் முயற்சி ,

External debt and liabilities swell to $115.7 billion


Business
February 18, 2021
KARACHI: Pakistan’s foreign debt and liabilities increased $3 billion or 2.6 percent during the six months period ended in December last, the central bank’s data showed on Wednesday
Till December, external debt and liabilities totaled $115.7 billion compared to $112.7 billion till June-end. Total external debt and liabilities were $110.7 billion till December 2019, according to the State Bank of Pakistan (SBP).
Economist Ashfaque Khan said external debt and liabilities (EDL) were increasing sharply even before the start of the coronavirus pandemic due to falling exports, sharp depreciation of exchange rate, tight monetary policy and a decline in non-debt creating inflows.
“However, COVID-19 has further intensified the country’s debt situation,” said Khan. “When Pakistan is in the IMF’s [International Monetary Fund] program, the debt accumulates rapidly.” ....

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PHC stops KPRA from claiming liabilities


PHC stops KPRA from claiming liabilities
Peshawar
February 11, 2021
PESHAWAR: A division bench of the Peshawar High Court (PHC) has stopped Khyber Pakhtunkhwa Revenue Authority (KPRA) from claiming liabilities from Souvenir Tobacco Company Limited till further orders.
The PHC bench comprising Justice Syed Arshad Ali and Justice Naeem Anwar issued notices to the Advocate General, KPRA director-general and KP chief secretary to submit their comments.
The counsel for the petitioner Qazi Ghulam Dastagir argued that the point of origination of the company was outside Khyber Pakhtunkhwa province, therefore the authority had no jurisdiction to term the company as a withholding agent. ....

North West Frontier , Qazi Ghulam Dastagir , Justice Syed Arshad Ali , Justice Naeem Anwar , Peshawar High Court , Souvenir Tobacco Company , Khyber Pakhtunkhwa Revenue Authority , Souvenir Tobacco Company Limited , Advocate General , Khyber Pakhtunkhwa , Khyber Pakhtunkhwa Finance Act , வடக்கு மேற்கு எல்லை , காஸீ குலாம் டாஸ்டாகிர் , நீதி சையத் அர்ஷத் அலி , நீதி ந்ஈம் அன்வர் , பெஷாவர் உயர் நீதிமன்றம் , நினைவு பரிசு புகையிலை நிறுவனம் , கைபர் பக்துங்க்வ வருவாய் அதிகாரம் , நினைவு பரிசு புகையிலை நிறுவனம் வரையறுக்கப்பட்டவை , வழக்கறிஞர் ஜநரல் , கைபர் பக்துங்க்வ , கைபர் பக்துங்க்வ நிதி நாடகம் ,