Pakistan seeks rollover of half of $28b debt - News Summed Up

Pakistan seeks rollover of half of $28b debt


That includes $23 billion principal loans and another $4.6 billion on account of interest payments. The amount of $27.8 billion is equal to 35% of Pakistan’s external public debt, including that of the IMF. All of the repayment figures are based on Pakistan’s public external debt stock as of end December 2019. The ADB repayments in three years amount to $3.4 billion, including $2.7 billion principal repayments. Out of $23 billion principal repayments in three years, nearly $11 billion or 48% relate to China plus M3.


Source: The Express Tribune April 14, 2020 03:56 UTC



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