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Home Articles Sukuk
Pakistan’s default risk worsens, credit default swap spikes to 93 pc \
4 min read
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Pakistan’s default risk worsens, credit default swap spikes to 93 pc

 23-Nov-2022
Pakistan's credit default swap (CDS) spikes by 30 percentage points in a week to 92.53 per cent ahead of debt repayment, amid political unrest.
23-Nov-2022 World
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Pakistan’s risk of default spikes to 13-year high of 52.8 per cent \
2 min read
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Pakistan’s risk of default spikes to 13-year high of 52.8 per cent

 28-Oct-2022
Following the global rating agencies Moody's and Fitch downgrading Pakistan's credit rating in recent weeks, Islamabad's risk of default spiked to a 13-year high of 52.8 per cent.
28-Oct-2022 World
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Pakistan’s total public debt exceeded PKR 44 trillion by end of Imran Khan’s term \
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Pakistan’s total public debt exceeded PKR 44 trillion by end of Imran Khan’s term

 10-Jun-2022
Islamabad [Pakistan], June 10 (ANI): The total public debt of Pakistan was PKR 44,366 billion at the end of March 2022, and had increased by PKR 4,500 billion over the first nine months of the outgoing fiscal year, according to the Pakistan Economic Survey 2021-22.
10-Jun-2022 World
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Pakistan secures USD 8 billion package from Saudi Arabia amid sinking economy \
4 min read
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Pakistan secures USD 8 billion package from Saudi Arabia amid sinking economy

 01-May-2022
Islamabad [Pakistan], May 1 (ANI): Pakistan, which is grappling with an economic slump, has secured a "sizeable package" of around USD 8 billion from Saudi Arabia during the visit of Prime Minister Shehbaz Sharif, reported local media.
01-May-2022 World
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Jump in services import, higher commodity prices increase Pakistan’s current account deficit \
2 min read
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Jump in services import, higher commodity prices increase Pakistan’s current account deficit

 20-Nov-2021
Karachi [Pakistan], November 20 (ANI): In the wake of a spike in imports and higher international commodity prices, Pakistan's current account deficit - higher foreign expenditure compared to income - swelled to USD 5.08 billion in the first four months (July-October) of the current fiscal year.
20-Nov-2021 World
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Pakistan: State Bank’s reserves fall USD 123 million to USD 20 billion \
2 min read
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Pakistan: State Bank’s reserves fall USD 123 million to USD 20 billion

 10-Sep-2021
Karachi [Pakistan], September 10 (ANI): Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent on a weekly basis, according to State Bank of Pakistan's data on Thursday.
10-Sep-2021 World
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