Pakistan Faces Over $27 Billion in Foreign Debt Repayments Through November 2024
January 15, 2024 ⚊ 1 Min read ⚊ Views 39 ⚊ BLOG
Pakistan must pay back $27.47 billion in foreign debt by November 2024, including interest and principal payments, according to data from the State Bank of Pakistan (SBP).
The total foreign debt amounts to $23.83 billion, while estimated interest payments from December 2023 to November 2024 total $3.64 billion.
A large sum of $4.29 billion is due in December 2023 alone, followed by monthly payments of $3.47 billion in January and February. From March through November 2024, another $19.71 billion in repayments are scheduled.
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