Pakistan debt crisis

Cash-strapped Pakistan has requested its all-weather ally China to fast-track the refinancing of maturing commercial loans of USD 1.3 billion and apprised it of the diminishing prospects of revival of the IMF loan programme, a media report…

As Pakistan continues to struggle economically, a report by the prominent Washington-based think tank, United States Institute of Peace (USIP), said that the cash-strapped country needs to repay a whopping $77.5 billion in external debt…

The economic crisis could create more political turmoil in Pakistan, given the country's profile and surging terrorism threats (Image: Reuters/Representative)The looming default danger could intensify the already surging terrorism and…