default
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Is US going to default on debt payments as White House warns of economic disaster?
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[ad_1] White House warns of economic disaster. AFP/File The White House has issued a warning about the potential consequences of the United States defaulting on its debt payments, as Democrats and Republicans continue to grapple over national spending. The president’s…
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IMF agreement won’t lessen default risk: Miftah | The Express Tribune
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[ad_1] Former finance minister Miftah Ismail has stated that the risk of Pakistan defaulting would not be lessened even if an agreement with the International Monetary Fund (IMF) is reached. During an interview on Thursday with a private news channel, Miftah said that…
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Pakistan will ‘dodge default’ in next six months
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[ad_1] An undated image of $100 notes. — AFP/File Despite Pakistan still reeling from the economic troubles which aren’t over, it looks like the country of 220 million people will dodge default in the next six months, Bloomberg Economics reported Monday….
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Pakistan can avoid default only by entering IMF programme: Imran Khan
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[ad_1] Pakistan Tehreek-e-Insaf Chairman Imran Khan addresses his party workers via video link.— Twitter/@PTIofficial Castigating the economic policies of the coalition government, deposed prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has warned that Pakistan can avoid default only…
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‘I can prove Pakistan won’t default’: Finmin Ishaq Dar
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[ad_1] Finance Minister Ishaq Dar. — Screengrab Finance Minister Ishaq Dar has once again made it clear that he can prove that Pakistan will not default and despite serious problems the country “will not approach Paris Club – a group…
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Miftah foresees default if Pakistan shuns IMF | The Express Tribune
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[ad_1] KARACHI: Former finance minister Miftah Ismail said on Monday that he fears default if Pakistan did not approach International Monetary Fund (IMF) at this crucial time. He expressed these views at a two-day global conference arranged by Economics and…
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Path Pakistan is on might take towards default: Miftah Ismail
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[ad_1] Former finance minister Miftah Ismail speaks during Geo News’ programme “Aaj Shahzeb Khanzada Kay Saath” on December 13, 2022. — YouTube Screengrab via Geo News Former finance minister Miftah Ismail Tuesday claimed that chances of Pakistan heading towards default have…
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Pakistan repays $1b Sukuk, dismisses perception of default | The Express Tribune
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[ad_1] KARACHI: Pakistan has successfully made a repayment of $1 billion against a matured international Sukuk (Shariah-compliant bond) three days ahead of schedule on Friday, December 2, dismissing the perception of its default on the payment. As per the actual…
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Pakistan pays $1bn sukuk bond to end immediate default threat: Bloomberg
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[ad_1] Pakistan Friday made the payment for the $1 billion sukuk bond, Bloomberg reported citing the State Bank of Pakistan (SBP) as the country dodged the immediate default threat. Abid Qamar, a spokesperson at the SBP, told the publication that…
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Govt through tough decisions averted default risk: PM | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif has said that Pakistan is out of risk of default due to difficult decisions taken by the coalition government. The premier said the government is taking all possible steps to further strengthen the national…
