Pakistan’s short-term FX liabilities reach $31bn

March 28, 2025 (MLN): Due to maturing foreign currency loans, securities, and deposits, Pakistan's foreign currency assets are expected to see a net outflow of $30.6 billion, according to the latest data from the State Bank of Pakistan (SBP).

Out of the total obligations, imminent repayments of $3.74bn within a month, while an additional $2.15bn is due in the next three months.

The bulk of the payments, approximately $24.7bn, will be required over the next year to meet obligations related to foreign currency loans, securities, and deposits.

Pakistan also faces a $3.65bn interest payment burden, with $326 million due this month and $561m in the upcoming quarter.

Additionally, contingent liabilities of $1.16bn comprise guarantees issued for the central government and affiliated entities, adding further financial strain.

Aggregate short and long positions in forwards and futures indicate a net shortfall of $2.82bn. 

Short positions dominate at $2.9bn, while long positions provide only a modest offset of $79m.

Copyright Mettis Link News