Pakistan’s Ministry of Finance presented the Debt Policy Statement January 2021, to the National Assembly, saying that the total debt in September 2020 stood at Rs. 36.95 trillion with domestic debt of Rs. 23.702 trillion and external debt Rs 13.247 trillion.
The statement said:
– external debt increased to US$ 79.91 billion in September 2020 from $78 billion at end June 2020
– long-term debt is US$ 78.74 billion and short term debt is US$ 1.17 billion
– Pakistan’s external debt was $78 billion on June 2020 and increased by $5.4 billion during the year
– Debt from multilateral and bilateral sources increased by US$ 5.6 billion including US$ 1.4 billion under IMF’s Rapid Financing Instrument (RFI) facility in order to counter the negative impacts of the outbreak of COVID
– Maturity profile of short term debt less than one year was $12. 24 billion with $7.91 billion long term debt less than the one year period $ 3 billion safe Chinese deposit
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