The Pakistan Tehreek-e-Insaf (PTI) government had borrowed external loansworth $52 billion in three years and eight months, which had put it in thetop position among the last four administrations. PTI actually repaid 70%of the debts taken by previous regimes.
It had overtaken Pakistan Muslim League (PML-N) which had externalborrowings worth $49.761 billion, with $27.071 billion in retired debt.PML-N repaid around 54% of the previous loans taken.
In comparison, the PTI government had made repayments of $36.50 billionduring its time period.
During the administration of the Pakistan Peoples Party (PPP), the externalborrowings were recorded at $25.008 billion in five years, and retired $14billion. PPP almost repaid the same percentage of 55% of debts taken byearlier governments. The figures were even lower during the era of GeneralPervaiz Musharraf, with external borrowings at $17.503 billion and aretired debt of $14.605 billion.
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By the end of December 2021, the country’s external debts had been at anall-time high of $130.6 billion.
