Pakistan's External Debt rose by 7pc in FY20
Last updated on: 01 September,2020 12:31 pm
Outstanding external debt of Public sector enterprises FY20 stood at Rs824 billion.
KARACHI (Web Desk) - Pakistan’s total external debt and liabilities by the end of FY20 stood at Rs11824 billion, signifying a growth of 7% YoY.
Meanwhile domestic debt in FY20 rose by 12% or Rs2550 billion to Rs23281 billion. Domestic debt in last two fiscal years increased by Rs6865 billion as by end of FY18 fiscal year domestic debt was at Rs16416 billion.
Outstanding external debt of Public sector enterprises (PSEs) during FY20 stood at Rs824 billion, the figure was Rs194 billion higher when compared with FY19. PSE external debt in two years rose by Rs499 billion as by the end of FY18 external debt was at Rs325 billion.