Net increase in External Public Debt reaches $2.5 billion in FY19: Hammad Azhar

MG News | July 23, 2019 at 05:19 PM GMT+05:00

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July 23, 2019 (MLN): Federal Minister for Economic Affairs, Hammad Azhar has said that the net increase in External Public Debt Stock of Pakistan in FY18-19 was approximately US $2.5 billion, as compared to US $8.6 billion in previous year.

Taking up to social media on Tuesday, he further informed that the net increase in Total External Debt and Liabilities amounted to US $10 billion in FY18-19, as opposed to US $13.3 billion in previous year.

Moreover, he apprised that the External Debt Repayment and servicing totaled US $9.1 billion in FY18-19, as compared to US $5.8 billion in previous year.

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