Pakistan’s External Debt Servicing cost increases by 54 percent in FY19

MG News | August 24, 2019 at 12:20 AM GMT+05:00

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August 23, 2019 (MLN): Pakistan’s paid USD 11.588 Billion in external debt servicing in FY19, compared to USD 7.495 Billion in FY18.

According to data released by the State Bank of Pakistan, total debt servicing in FY19 increased by over 54 percent.

Out of the amount paid, USD 8.654 billion was principal amount while USD 2.933 billion was in the form of interest.

Earlier data released by the SBP showed that Pakistan’s total external debt and liabilities increased to USD 106.312 billion at the end of June 30, 2019.

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