(Reuters) - Pakistan's finance minister said on Friday the South Asian nation was seeking debt relief from bilateral creditors in the wake of devastating flooding but emphasised the government would ...

Pakistan is ensnared in a classic sovereign debt trap: too much foreign currency denominated external debt, too few foreign exchange resources, and too little cash flow denominated in foreign ...

Pakistan may keep issuing threats by taking loans from the International Monetary Fund, World Bank, ADB to China, but its condition remains bad. This can be gauged by looking at the latest figures of ...

Consider: A man entered his son into 20 years of bonded labor at a brick kiln in order to receive funds for the burial of his other son, who had died due to poor medical care. It is not an isolated ...

FILE PHOTO: People cover themselves to stay warm during heavy fog, early in the morning at the fruit wholesale market on the outskirts of Peshawarr LONDON (Reuters) - Negotiations on a new government ...

ISLAMABAD/LONDON, Feb 1 (Reuters) - Pakistan's full-blown economic turmoil, from its biggest ever currency devaluation to a rash of emergency spending cuts, offers the clearest sign yet that the ...

Pakistan Economic Crisis: Pakistan is often called the begging bowl of the world, especially among the Islamic nations. Every now and then, Pakistani Prime Minister Shehbaz Sharif is seen visiting ...

KARACHI (Reuters) -Pakistan has signed term sheets with 18 commercial banks for a 1.275 trillion Pakistani rupee ($4.50 billion) Islamic finance facility to help pay down mounting debt in its power ...

Pakistan and China are marking a decade of economic cooperation with much fanfare these days as the China-Pakistan Economic Corridor, popularly known as CPEC, completes 10 years. Experts say while the ...

After the February 2024 elections, Pakistan's newly elected government will face the crucial task of rescheduling its foreign debt payments amidst failing export earnings. With its current outstanding ...