Pakistan pays $7.3bn in debt repayment in 1HFY24

MG News | February 22, 2024 at 01:03 PM GMT+05:00

0:00

February 22, 2024 (MLN): Pakistan has disbursed a total of $7.3 billion as debt and interest payments during the six months ended on December 31, 2023 (1HFY24).

The breakdown of this payment shows that principal payments stood at $4.6bn, while the remaining $2.7bn were incurred as interest payments on the debt.

In the last quarter of 2023 (2QFY24) the country made principal payments of $2.58bn and $1.54bn as interest payments, bringing the total payment to $4.12bn.

It is crucial to mention here that the government's revenue collection in 1HFY24 stood at Rs4.8bn, out of which a payment of Rs4.2bn as domestic debt repayment.

In FY23, a total of $20.822bn was paid for both principal and interest obligations on the country.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	169,864.53 309.70M	0.77% 1289.83
ALLSHR	102,725.13 871.92M	0.54% 553.85
KSE30	51,670.42 144.06M	0.97% 495.07
KMI30	244,230.82 127.19M	0.88% 2126.86
KMIALLSHR	67,141.83 400.81M	0.66% 438.06
BKTi	45,511.25 34.21M	0.74% 335.27
OGTi	33,787.05 15.45M	0.86% 288.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,330.00	93,070.00 89,640.00	-1680.00 -1.83%
BRENT CRUDE	61.22	61.86 60.81	-0.06 -0.10%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	1.00 1.11%
ROTTERDAM COAL MONTHLY	97.30	97.30 97.30	0.90 0.93%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	57.53	58.19 57.15	-0.07 -0.12%
SUGAR #11 WORLD	15.10	15.27 14.83	0.25 1.68%