Tag Archives: Debt

Circular debt is one of the biggest challenges Pakistan’s energy sector is facing since 2008-09, which has just crossed the PKR 2.2 trillion mark. As a matter of fact, circular debt is quite a natural phenomenon in the energy sector, …

The Government of Pakistan has recently tabled an Amendment Bill to the National Electric Power Regulatory Authority (NEPRA) Act (Regulation of Generation, Transmission and Distribution of Electric Power Act 1997) to recover the stock of circular debt in the power …

The present government of Pakistan statistics showed that, took over $13 billion in foreign loans in the previous fiscal year — the second highest amount in history — to repay maturing external debt and cushion the shrinking foreign exchange reserves. …

This chart uses IMF estimates to show the countries most burdened by their national debt. Japan has by far the biggest problem, with general government gross debt at 238 percent of its GDP. In fourth place, the economic struggles of Lebanon add an extra …

When millions of Americans started losing their jobs due to the coronavirus pandemic in March, the federal government introduced the Federal Pandemic Unemployment Compensation program (FPUC) as part of the CARES Act. The program, which provides jobless Americans who qualify …

The federal budget for 2020-21 is set in difficult circumstances with an exceptional degree of uncertainty generated by COVID-19. The economy was already reeling under the sharp slowdown brought on by the macroeconomic adjustment that began last July with accession …

The macroeconomic shock to the world economy from the COVID-19 pandemic is arguably unprecedented in modern times. The financial response by governments of the major economies has been substantial. The Center for Strategic and International Studies estimates that the G20 …

Analysis of Economic Survey FY2019 of Pakistan recorded that the main purpose of public debt management is to make sure that the government’s financing needs are met at the lowest possible cost over the medium to long term, consistent with …

The word on the street about New World Order is corona. The pandemic treated all the human beings, objects and economic systems equally and without any distinction of race, color or blood. All those, who stood steadfast during the times …

Markets abhor uncertainty. The coronavirus pandemic is a severe supply shock that will substantially reduce the world’s economic output, and there will potentially be several waves as the contagion returns in the autumn or spring 2021. Many governments are trying …

International studies identified that economic growth and development is a main goal of most developing states; hence resources are mobilized from various sources counting external borrowing for investment into feasible projects for growth acceleration in any state. It is also …

The Executive Board of the International Monetary Fund (IMF) on 19th December 2019 completed the first review of Pakistan’s economic performance under the Extended Fund Facility (EFF). The completion of the review allowed Pakistan to draw SDR 328 million or …