Pakistan external debt and liabilities hit 125 billion

Pakistan external debt and liabilities hit 125 billion

Pakistan’s external debt and liabilities increased from $122.199 billion bythe end of June 2021 to $125.876 billion by the end of September 2021,registering an increase of $3.677 billion.Advertisement

This was revealed by the Ministry of Economic Affairs in an in-camerameeting of the National Assembly Standing Committee on Economic AffairsDivision that was held with Mir Khan Muhammad Jamali in the chair.

The meeting entailed a detailed briefing about Pakistan’s external debt andliabilities, with break-ups from 2008 to 2013, 2013 to 2018, and 2018 todate, and the disbursement of funds for the ongoing portfolio, both inbilateral and multilateral projects.

The State Bank of Pakistan is yet to release the data for the external debtand liabilities for the first quarter of the current fiscal year.