Tag Archives: Debt Repayment

Pakistan’s $30 Billion Debt Challenge: What’s Next?

Debt

Introduction Pakistan’s central bank has announced that the country will repay $30.35 billion in foreign debt and interest between August 2024 and July 2025. This includes significant loans that bilateral creditors roll over every year, adding pressure on the nation’s finances. Breakdown of Debt and Interest Payments The State Bank of Pakistan (SBP) reports that it needs $26.48 billion to …

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Pakistan Announces Reduced Foreign Debt Repayment for Fiscal Year 2024-25

On Wednesday, Pakistan’s central bank revealed that the country will repay a total of $24.8 billion in foreign debt and interest payments for the fiscal year 2024-25. This figure is a reduction from the previous projection of $26.2 billion, representing a 5% decrease of $1.4 billion. The adjustment indicates that meeting financial obligations might be more manageable than initially anticipated. …

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