The burden of debts from local banks and financial institutions continues to grow at an alarming rate. It has already… Read More
Pakistan Will Have to Go to IMF for a Loan Despite Bond Float Efforts
Pakistan has already taken more than $25 billion in loans from different sectors. Things don’t seem good for the national… Read More
Every Pakistani Now Owes a Staggering Rs. 120,789 Because of Debt!
Pakistan’s total debt and liabilities have reached Rs. 25.1 trillion in June 2017, depicting a growth of 11% and a… Read More
Saudi Aviation Authority May Ban PIA Over Unpaid Dues
The Pakistani Ministry of Finance has urged the authorities at Pakistan International Airlines (PIA) to draft a comprehensible plan for… Read More
Islamic Finance is the Solution to West’s Housing Debt Crisis: CitiGroup Economist
Over the past few years, the world economy has struggled to recover from the 2008 financial crisis. Fresh issues like… Read More