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Saudi Arabia Financial Aid To Pakistan: Pakistan gets $3 billion from Saudi Arabia as ‘support’ to shore up forex reserves as UAE debt looms

Pakistan gets $3bn from Saudi Arabia as ‘support’ to shore up forex reserves as UAE debt looms Saudi Arabia has provided new financial help to Pakistan with an extra $3 billion deposit. It has also extended an existing $5 billion loan. This support is important for Pakistan as it struggles to meet its growing debt…

My children will be in debt for years

I was a trainee solicitor in the mid-90s. I graduated and walked straight into a job in the City from university, debt-free, thanks to a student grant. Soon after qualifying as a lawyer, I made a career pivot into journalism. Looking back, leaving a stable career seems rash, especially in the harsh glare of the…

Hundreds in Bolton turn to government debt support

A total of 484 people entered the Breathing Space scheme last year.  The scheme offers legal protections and a freeze on interest, charges, and creditor action for up to 60 days while individuals seek debt advice and develop a repayment plan. Figures reflect the growing strain on households amid rising living costs and economic uncertainty.…