Pakistan pays $7.3bn in debt repayment in 1HFY24

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

Add Mettisglobal as a Trusted Source on Google

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	170,884.59 165.82M	1.09% 1841.39
ALLSHR	103,297.23 574.85M	1.03% 1052.60
KSE30	50,883.00 85.37M	1.16% 585.22
KMI30	243,139.25 70.59M	1.05% 2522.69
KMIALLSHR	66,979.22 287.59M	0.99% 655.18
BKTi	47,642.11 15.25M	1.66% 776.54
OGTi	35,136.50 9.94M	0.68% 237.09

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,240.00	81,545.00 76,250.00	4635.00 6.05%
BRENT CRUDE	103.27	105.00 101.92	-1.55 -1.48%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	5.00 4.00%
ROTTERDAM COAL MONTHLY	138.50	0.00 0.00	-0.15 -0.11%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	95.47	98.01 94.83	-1.76 -1.81%
SUGAR #11 WORLD	18.28	18.51 18.21	-0.04 -0.22%