Articles for tag: debt repayment Pakistan, Economic Crisis Pakistan, economic reforms, External Borrowing Crisis, financial instability, fiscal gap Pakistan, foreign loans Pakistan, Pakistan external debt, rising debt concerns

Pakistan’s External Borrowing Crisis Raises Economic Concerns

By Qudsia Bano ISLAMABAD– Pakistan has borrowed approximately $6 billion from multiple financing sources during the first eight months (July-February) of the fiscal year 2024-25, raising concerns about the country’s economic stability amid widening funding gaps.  Despite budgeting $19.393 billion for external financing in the ongoing fiscal year, Pakistan has secured only 30% of the ...