While Pakistan has not officially defaulted, but with continuous rollovers of loans that have come from China, Saudi Arabia, and the UAE among others, the country has already done so 'technically'
In an interview to online portal on sidelines of World Economic Forum (WEF) at Davos, Rajan said that reason why new pension scheme was adopted because in old scheme, huge liabilities had built up
Private bankers said there were signs that the credit demand was durable and as such the landscape for banks' management of assets and liabilities would remain challenging for quite some time
