Posts Tagged ‘debt’
EDLs up by $9.5bn to hit 1/3 of GDP
ISLAMABAD: Rising $9.512 billion in last one-and-a-half-year Pakistan’s outstanding external debts and liabilities have reached to almost one-third of the country’s GDP. At end of December 2009, country’s total EDLs stood at unprecedented $55.675 billion or 32 percent of GDP, while in June 2008 these stood at 46.16 billion dollars (27.6 percent of GDP), the [...]
Pakistan meets all IMF targets
KARACHI, (APP): Advisor to PM on Finance Shaukat Tarin said Saturday that the country has met all the targets set by International Monetary Fund (IMF). He was talking to media after holding meeting with the management of Pak‑Oman Investment Company Ltd at FTC building. He said that the government borrowing was restricted to Rs 242 [...]

