Pakistan’s current external debt rose to $105.8 billion recently. A major hike came by issuing sovereign bonds and taking expensive commercial loans. For a country like Pakistan, this is a horrendous situation. There was no certain debt in the first decade after Independence. By the next two decades, Pakistan borrowed $14.5 million in 1956-60 and […]
Author Archives: Sabira Mansoor
Sabira Mansoor is a final-year student of Economics and Finance at the National University of Modern Languages in Islamabad