Pakistan’s total debt reaches highest level of history, $10 billion in 2017 alone

Pakistan’s total debt reaches highest level of history, $10 billion in 2017 alone

ISLAMABAD - Pakistan’s total foreign debt and obligations have reached at the highest level of history worth US$91.761 billion at the end of March 31.

As per data released by SBP, the foreign debt and liabilities increased by US$2.598 billion during January to March period and from June 2017 to March 2018 external debt rises by US$8.330 billion.

On June 30, 2017 foreign debt was at 83.431 billion dollars, while the debt between March 2017 to March 2018 rises by 13.853 billion dollars.

On March 2017 foreign debt level stood around 77.908 billion dollars.