Pakistan to payback $3.6 billion by FY17-18: Govt
Staff ReportSaturday - December 30, 2017
According to detail, the statement continued, the government has to pay $3.6 billion over the remaining period of current fiscal year.
The spokesman said that external public debt repayment obligations for Pakistan are not more than an average of $5 billion per annum until 2022.
Keeping in view the track record of the country, this amount of repayments should not raise any concern as Pakistan has successfully met higher repayment obligations even with much lower volume of foreign exchange reserves in the past.
Furthermore, external inflows are expected to be sufficient to meet repayment obligations, the spokesman concluded.