Tag Archives: Foreign Debt

On Wednesday, Jameel Ahmad, the Governor of Pakistan’s central bank, addressed the National Assembly Standing Committee on Finance, providing a mixed outlook for the country’s economy. Ahmad projected that inflation might surge in the coming months due to recent budgetary measures, rising energy prices, and ongoing geopolitical tensions in the Middle East. Despite these challenges, he assured that the foreign …

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. …