Repayments continue to pose serious challenge
KARACHI: The nation’s battle with debt repayment has intensified amid a drop in the State Bank’s foreign exchange reserves and rising political uncertainty, currency experts said. The SBP reported on Thursday that its foreign exchange reserves fell by $44 million during the week ending Feb 16 due to debt servicing, highlighting the ongoing financial strain. Despite an uptick in remittances in December and January, the … Continue reading Repayments continue to pose serious challenge
