Topic: Debt

Tags: cabinet okays tfc plan circular debt
February 02, 2012

Cabinet okays TFC plan for circular debt

ISLAMABAD - Chairing a meeting on Wednesday, Prime Minster Yousuf Raza Gilani took the cabinet and ...

Tags: greece creditors verge clinching debt deal
January 30, 2012

Greece, creditors on verge of clinching debt deal

ATHENS  - Greece and its private creditors said on Saturday they were piecing together the ...

Tags: rs163b ‘loan’ sort circular debt
January 21, 2012

Rs163b ‘loan’ to sort out circular debt

ISLAMABAD - The Economic Coordination Committee (ECC) of the Cabinet on Friday has allowed the ...

Tags: total debt reaches rs 11.8
January 18, 2012

Total debt reaches Rs 11.8 trillion

KARACHI - Pakistan’s total debt has reached Rs11.8 trillion, which is 60 per cent of the GDP. ...

Tags: external debt surges rs 300b sans loan
January 05, 2012

External debt surges by Rs 300b sans new loan

ISLAMABAD - Without taking new loan, the country's external debt has surged by more than Rs 300 ...

Tags: Rupee Fall Piles Foreign Debt
December 09, 2011

Rupee fall piles up foreign debt

OUR STAFF REPORTER ISLAMABAD - Continuing downslide of rupee has put a very negative impact on the ...

Tags: India Warns Protectionism Debt Fallout
November 14, 2011

India warns against protectionism in debt fallout

MUMBAI (AFP) - India warned on Sunday against protectionism as the world grapples with the ...

Tags: Rs 391b Resolve Circular Debt Issue
November 05, 2011

Rs 391b to resolve circular debt issue

ISLAMABAD - Showing satisfaction over the current economic situation, Secretary Finance Dr Waqar ...

Tags: Unpopular Congress Faces Debt Jobs Fights
September 05, 2011

Unpopular US Congress faces debt, jobs fights

WASHINGTON (AFP) - US lawmakers return to work next week after a month-long break, facing pitched ...

Tags: Asia Tries Calm Debt Fears
August 07, 2011

Asia tries to calm US debt fears

HONG KONG (AFP) - Japan led Asian governments in seeking to calm fears over the American debt ...

Tags: Debt Deal Billionaires Coup
August 04, 2011

US debt deal is a billionaires coup

There are two ways of cutting a deficit: raising taxes or reducing spending. Raising taxes means ...

Tags: Dollar Slides Debt Impasse
July 27, 2011

Dollar slides on US debt impasse

LONDON (AFP) - The dollar slid against the euro and yen on Tuesday and hit an all-time low point ...

Tags: President Hosts Lastditch Debt Talks
July 24, 2011

US President hosts last-ditch debt talks

WASHINGTON (AFP) - President Barack Obama and top lawmakers held crisis talks Saturday to avert a ...

Tags: Top Senator Warns Obama Debt Talks
July 23, 2011

Top US senator warns Obama on debt talks

WASHINGTON (AFP) - The top US senator, a key White House ally, warned President Barack Obama Friday ...

Tags: Sprenews United States Debt Warning
July 23, 2011

S&P renews United States debt warning

WASHINGTON (AFP) - Ratings agency Standard & Poors warned Thursday that the fight over the US debt ...

Tags: Circular Debt Swells Rs280b
July 19, 2011

Circular debt swells to Rs280b

ISLAMABAD - While showing concerns over the escalating power sector circular debt, the National ...

Tags: Greek Debt Knifes Edge Imf
July 18, 2011

Greek debt on knife's edge: IMF

ATHENS (AFP) - Greece's runaway debt is on a "knife's edge", the IMF's mission chief to Athens said ...

Obama urges compromise, 'shared sacrifice' for debt deal

WASHINGTON (AFP) - Insisting he is "willing to compromise," President Barack Obama called on US ...

Debt deal needs sacrifices to avoid looming default: Obama

WASHINGTON (Reuters) - President Barack Obama said on Saturday political sacrifices will be needed ...

Al-Tuwairqi signs debt restructuring deal with banks

KARACHI - Saudi steelmaker Al-Tuwairqi Group, the parent company of the ongoing steel project in ...

Tags: External Debt Snowballs 595 Billion
June 03, 2011

External debt snowballs to $59.5 billion

ISLAMABAD-The cash-starved government has no other option than to borrow from external as well as ...

Containing Greek debt crisis is priority: analysts

FRANKFURT, Germany (AFP) Europe has survived another week of Greeces debt saga but must decide on ...

Tags: History Repeating Greek Debt Crisis
April 18, 2011

History repeating itself in Greek debt crisis

ATHENS (AFP) - Austere-looking Europeans dictating economic policy are nothing new for Greece which ...

Tags: Cozzy Sharon Osbourne 17m Tax Debt
April 12, 2011

COzzy, Sharon Osbourne in $1.7m tax debt

SINGER Ozzy Osbourne and wife Sharon are facing a tax debt of over $1.7 million. Internal Revenue ...

Tags: Imf Denies Pressing Greece Debt
April 04, 2011

IMF denies pressing Greece on debt

WASHINGTON/BERLIN (Reuters) The International Monetary Fund on Saturday denied a report in German ...

Tags: Kapco Circular Debt Stands Rs52b
March 31, 2011

Kapco circular debt stands at Rs52b

LAHORE - The circular debt continued to hamper the Kot Addu Power Company (KAPCO) cash flows and ...

Eurozone watches markets as ministers detail debt response

BRUSSELS (AFP) - Eurozone leaders will discover Monday whether a surprise agreement to beef-up debt ...

Tags: Npl Receivables Jump Rs63b Circular Debt
March 01, 2011

NPL receivables jump to Rs6.3b due to circular debt

LAHORE (PPI) - With electricity tariff rates put on hold for last several months, government is ...

Tags: Pses Debt Liabilities Surge Rs5523b
February 28, 2011

PSEs debt, liabilities surge to Rs552.3b

KARACHI - Public Sector Enterprises (PESs) domestic debts and liabilities rose by Rs39 billion to ...

Tags: Call Exploit Resources Debt Trap
February 26, 2011

Call to exploit resources to come out of debt trap

ISLAMABAD (INP) Increasing foreign debt and debt servicing are adding more problems to our ailing ...