Pakistan faces $23 billion in external debt servicing this fiscal year
Pakistan’s total debt was Rs 76.01 trillion at the end of March this year, comprising domestic debt of Rs 51.52 trillion (approx $180 billion) and external debt of Rs 24.49 trillion ($87.4 billion), according to the Pakistan Economic Survey 2024-25.
Pakistan will have to pay over $23 billion in external debt during the current fiscal year, which began on July 1, according to a media report.
Pakistan’s total debt was Rs 76.01 trillion at the end of March this year, comprising domestic debt of Rs 51.52 trillion (approx $180 billion) and external debt of Rs 24.49 trillion ($87.4 billion), according to the Pakistan Economic Survey 2024-25. …
The $87.4 billion external public debt consists of two components: government external debt and debt obtained from the International Monetary Fund (IMF).
While USD 12 billion is expected to be rolled over from friendly nations, the country still needs to manage USD 11 billion in repayments.
Currently, the debt payment is the single largest expenditure of the annual budget. Pakistan allocated Rs 8.2 trillion for domestic and external debt servicing in 2025-26, which is 46.7 per cent of the total federal budget of Rs 17.573 trillion.
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