Officials are simultaneously seeking cabinet approval to revive an expired PKR 1.25 trillion circular debt banking facility, hoping to swap high cost liabilities for bilateral loans carrying interest ...

The China–Pakistan Economic Corridor (CPEC) is pitched as a transformative initiative to build big infrastructure projects with the aim of driving economic growth in Pakistan, but ...

As debt piles up and economic gains remain uncertain, fresh scrutiny is falling on whether CPEC has become a costly burden for Pakistan.

Pakistan's foreign loan burden continues to rise steeply, with fresh data revealing that nearly half of the record $26.7 billion borrowed in the last fiscal year was used not for development, but ...