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ISLAMABAD:The debt pile that Prime Minister Imran Khan would leave behind at the end of his five-year term will be equal to 84.1% of the size of Pakistan s economy - far higher than the gross public debt at the end of the PML-N government, suggests a new report of the International Monetary Fund (IMF).The report, released on Wednesday from Washington, puts PM Imran s claim of reducing the country s debt to test. In its annual flagship report Fiscal Monitor - Curbing Corruption , the IMF has shown the public debt-to-GDP ratio at 84.1% of gross domestic product (GDP) by 2023, higher by 12 percentage points than the level left behind by the PML-N government.The report also says that Pakistan s total f
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WASHINGTON:Countries joining the Belt and Road Initiative (BRI) are likely to see their growth lifted over the next five years, according to a survey released here on Wednesday. About 92 per cent of the respondents expected the BRI to bols
airforce ter domestic growth in the next five years.Belt and Road Initiative is not 'a Chinese plot', says Xi JinpingThe survey of 26 central banks of countries participating in the BRI, over half of them in Europe, was conducted by the International Finance Forum, a think tank, and Central Banking Publications.Sixty-seven percent said their countries' GDP growth will be lifted by 0 to 1.5 percentage point over the next five years, while about 25 percent expec
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nike dunk ntries along the BRI attached great importance to it, with 44 percent of the respondents describing it as a once-in-a-generation initiative.China to push forward Belt and Road cooperation: ministerMost respondents expected Chinese development banks
