Pakistan on track for debt repayment

State Bank of Pakistan (SBP) reported that Pakistan is on track to meet its external debt* servicing requirements for the fiscal year 2024-25 (FY25). Pakistan had total external debt servicing requirements of about $26.1 billion at the start of FY25 as per SBP Governor, which was considered a difficult task by analysts. However, as the 3rd quarter of FY25 closes, the government appears to be on track to meet this target. The total amount paid by Pakistan for external debt servicing is given below: FY25 Quarter **Total External Debt Paid Principal Paid Interest Paid 1st Quarter $3.477 billion $2.134 billion $1.343 billion 2nd Quarter $4.176 billion $2.786 billion $1.39 billion 3rd Quarter $3.813 billion $2.55 billion $1.263 billion Total $11.466 billion $7.47 billion $3.996 billion