Pakistan's external public debt reaches US$2.5bn in FY19: Hammad Azhar
Last updated on: 23 July,2019 11:48 pm
The net increase in Total External Debt and Liabilities amounted to US $10 billion in FY18-19.
ISLAMABAD (Dunya News) – Federal Minister for Economic Affairs, Hammad Azhar on Tuesday said that the net increase in External Public Debt Stock of Pakistan in FY18-19 was approximately US$2.5 billion, as compared to US $8.6 billion in previous year.
In his tweet on Tuesday, he further informed that the net increase in Total External Debt and Liabilities amounted to US $10 billion in FY18-19, as opposed to US $13.3 billion in previous year.
Net Increase in External Public Debt Stock of Pak in FY18-19 was approx USD 2.5 bn vs USD 8.6 bn in prev year Net increase in Total External Debt & Liabilities: USD 10 bn in FY18-19 vs USD 14 bn prev year External Debt Repayment + serv: USD 9.1 bn in FY18-19 vs USD 5.8 bn prev yr
— Hammad Azhar (@Hammad_Azhar) July 23, 2019Moreover, he apprised that the External Debt Repayment and servicing totaled US $9.1 billion in FY18-19, as compared to US $5.8 billion in previous year.