circular debt

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    IMF Pauses $1 Billion Loan Over Pakistan's Tax Shortfalls

    New Delhi, March 15 – Negotiations between Pakistan and the International Monetary Fund (IMF) over the release of a $1 billion tranche have reportedly stalled again due to the country's weak tax collection and doubts about the credibility of the current budget, reports said.The IMF has once...
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    IMF Review in Pakistan: Tranche Release Hinges on Discussions

    Islamabad, February 25 As the International Monetary Fund (IMF) review mission arrived in Pakistan on Wednesday, the country's Finance Minister Muhammad Aurangzeb expressed hope for a successful review that would lead to the release of a USD 1.2 billion tranche.The staff mission will conduct...
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    State-Owned Enterprises Contribute Heavily to Pakistan's Debt

    New Delhi, February 18 – Plagued by chronic losses and mounting debt, state-owned enterprises (SOEs) in Pakistan have for years drained public funds that could have been spent on sectors such as healthcare and education. Frequent equity injections, subsidies, loans, and sovereign guarantees have...
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