Every Pakistani owes Rs 302,000 because the fiscal deficit is double the prescribed limit – Trendy Blogger

Every Pakistani owes Rs 302,000 because the fiscal deficit is double the prescribed limit

 – Trendy Blogger

ISLAMABAD: Pakistan’s per capita debt rose by 11.3% to nearly Rs 302,000 at the end of fiscal year 2024, as the government failed to adhere to the fiscal deficit limit set by the Fiscal Responsibility and Debt Reduction Act, 2005. The 2025 Fiscal Policy Statement, submitted to the National Assembly on Tuesday, revealed that the … Read more

Tighter US sanctions to limit Russian oil supplies to China and India – Trendy Blogger

Tighter US sanctions to limit Russian oil supplies to China and India

 – Trendy Blogger

New Delhi/Singapore: Chinese and Indian refiners will import more oil from the Middle East, Africa and the Americas, boosting prices and shipping costs, as new US sanctions on Russian producers and ships curb supplies to Moscow’s top customers, traders and analysts said. On Friday, the US Treasury Department imposed sanctions on the two Russian oil … Read more