News Around Pakistan | Economy | Education | Politics
The caretaker government in Pakistan has announced that gas rates will be increased ahead of winter in an effort to control the growing circular debt in the gas sector. The…
The G20 summit in Delhi next month will focus on the debt problems faced by developing nations. Here is an overview of some countries currently facing difficulties: – Pakistan: Pakistan…
Pakistan has presented a plan to the International Monetary Fund (IMF) to address the growing circular debt (CD) in the gas sector, estimated to be Rs1.6 trillion. The plan, subject…
China is facing a massive debt crisis, with trillions of dollars owed by local governments and real estate developers. This makes China reluctant to cancel debts owed by struggling developing…
Pakistan’s finance minister, Ishaq Dar, has said that talks with bilateral partners will take place after the budget process regarding debt rescheduling, but that “haircuts or write-offs” will not be…
Pressure is mounting on UK Prime Minister Rishi Sunak to attend a climate conference hosted by French President Emmanuel Macron later this month. Activists are concerned that the event, which…
Australian shares rose slightly as gold stocks increased after the US House of Representatives passed a bill to suspend the $31.4tn debt ceiling on Wednesday. The S&P/ASX 200 index rose…
South Korean stocks fell for a second consecutive session due to a fall in exports, especially in chips and autos. Major tech and auto shares dragged down the Korea Composite…
South Korean stocks fell on Wednesday as investors sold off recent gains amid uncertainty over the passing of a US debt ceiling deal by Congress. The benchmark Korea Composite Stock…
South Korean stocks rose sharply on Tuesday due to the breakthrough in US debt ceiling negotiations, while the local currency fell against the US dollar. The Korea Composite Stock Price…