Islamabad has about $12 billion in debt from friendly countries, mainly China, Saudi Arabia, and the UAE, which have kept extending the loans every year at maturity.
Pakistan will access about $1 billion under the Extended Fund Facility and $210 million under the climate-focused Resilience and Sustainability Facility.
War in Middle East can affect India’s strong growth, which IMF forecast at 6.4% earlier and also push inflation higher from 2.75% recorded in January, global media predicts.
As the era of easy money ends, the gap between the ability to borrow and the credibility to do so will define fiscal resilience. India still has the chance to strengthen both.
To sustain momentum, India must continue focusing on structural reforms, particularly in land, labour & logistics, while nurturing human capital through education & skilling initiatives.
'It shows that the risk of sovereign default, which was quite omnipotent just a couple of years ago, is in the past,' said Ali Farid Khwaja, chairman at KT Bank Pakistan.
In September 1943, Dr B R Ambedkar delivered a speech at a trade union workers’ study camp in Delhi, reflecting on parliamentary democracy, trade unionism, and the labouring classes.
The reopening of the Strait of Hormuz eases supply fears, but controlled shipping, slow output recovery, and high costs may delay oil flow normalisation for months.
This special edition of Cut The Clutter, straight from the Siliguri corridor, details the strategic importance of the narrow strip of land in West Bengal, and how it’s a vital link connecting the Northeast to the rest of India.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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