Pakistan has formally requested a $3.3 billion loan from China in a bid to support its struggling economy and bolster foreign exchange reserves, official sources revealed on Tuesday. According to…
Tag:
FinancialCrisis
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ISLAMABAD: The federal government has reportedly paid over Rs. 1 billion to a financial advisor tasked with the privatization of Pakistan International Airlines (PIA), despite their failure to successfully complete…
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In a concerning financial development, Pakistan’s public debt has increased by a staggering Rs. 8.3 trillion in just one year, exacerbating the country’s economic challenges. The surge in debt was…