Pakistan's external debt nearly doubles to $135 bn in 10 years, China biggest lender
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
Pakistan's external borrowing is projected to reach $135.1 billion by 2025, with much of the debt owed to China. The country's external debt increased from $68.673 billion in 2015 to the current level, reflecting a significant upward trend. Public and publicly-guaranteed borrowin...
Pakistan's external borrowing is projected to reach $135.1 billion by 2025, with much of the debt owed to China. The country's external debt increased from $68.673 billion in 2015 to the current level, reflecting a significant upward trend. Public and publicly-guaranteed borrowing comprises the majority of this debt, totaling around $107.076 billion. Private borrowing is notably more expensive, contributing to rising debt-service payments across developing countries.
Original Source
https://timesofindia.indiatimes.com/business/international-business/pakistans-external-debt-nearly-doubles-to-135-billion-in-10-years-china-biggest-lender/articleshow/135601595.cms
