Pakistan Faces $30 Billion Foreign Debt Repayment Challenge

Pakistan is facing a substantial foreign debt repayment challenge this fiscal year, with a total of $30.35 billion in maturing debt and interest payments due. This figure has increased significantly compared to the previous year, fueled by new loans from Saudi Arabia, the UAE, and the IMF. While Pakistan’s debt-to-GDP ratio has decreased due to economic growth, the rising repayment burden emphasizes the need for measures to increase foreign income and reduce external spending.

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