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Pakistan to pay $100 billion external debt in the next four years

Pakistan should reimburse a huge $100 billion in external debt over the course of the following four years, a challenge that the government of Pakistan intends to address fundamentally through rollovers from bilateral lenders.

As indicated by a news report, this was unveiled by Deputy Finance Minister of Pakistan Ali Pervaiz Malik during a gathering of the National Assembly of Pakistan during discussing about Finance. The sum is almost ten times bigger than the total current foreign exchange reserves of Pakistan amounting to $9.4 billion.

#ExternalDebt #DebtRepayment #EconomicPressure #Pakistan