Pakistan’s GDP grew by 2.7% in FY2024–25 while inflation hit a decades-low average of 4.6%, according to the Pakistan Economic Survey unveiled by Finance Minister Muhammad Aurangzeb. The survey outlines …
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Public Debt
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Economy
Federal govt’s debt surges 34% by April 2023 because of multiple factors
by Hamza Irshadby Hamza IrshadFederal govt’s debt surges 34% by April 2023 because of multiple factors ISLAMABAD: The federal government’s debt has expanded by 34 percent by April 2023 because of multiple factors. Most …
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Pakistan’s first loan of $27.2 million and first grant: A debt analysis of Pakistan from 1947-2022
by Umar Sohailby Umar SohailISLAMABAD: On March 27, 1952, Pakistan signed the first-ever loan of US$27.2 million with the International Bank for Reconstruction and Development (IBRD). The loan was obtained for rehabilitation and development …