What is the total debt of Pakistan?

Pakistan External Debt reached 126.3 USD bn in Dec 2022, compared with 126.6 USD bn in the previous quarter. Pakistan External Debt: USD mn data is updated quarterly, available from Jun 2006 to Dec 2022. The data reached an all-time high of 130.6 USD bn in Dec 2021 and a record low of 37.2 USD bn in Jun 2006.

Which country has highest debt?

Japan - Debt: 221.32% of GDP

Japan's debt-to-GDP ratio is the highest in the world due to a prolonged period of economic stagnation and demographic challenges.

What is China's total debt to Pakistan?

The 'unbreakable bonds' of Pak-China friendship are under stress. According to IMF data, China holds roughly $30bn of Pakistan's $126bn total external foreign debt. This is thrice its IMF debt ($7.8bn) and exceeds its borrowings from the World Bank and Asian Development Bank combined.

How much debt is Pakistan in 2023?

Pakistan's debt jumped by PKR 4 trillion or around 7.7 percent in January 2023 to reach close to PKR 55 trillion, Dawn reported on Tuesday citing State Bank of Pakistan (SBP) data. The debt increased by 30 percent from Rs 42.39 trillion in January 2022.

What is the total loan on Pakistan in rupees?

868tr. ISLAMABAD: The country's total debt and liabilities have been recorded at Rs. 63.868 trillion as per the State Bank's data at the end of the Q2 of fiscal year 2022-23.

Foreign debt of Pakistan | Total foreign debt of Pakistan | Explore with Asif

How much loan Pakistan has to pay to IMF?

The Pakistani government began formal negotiations with the IMF on February 1, 2023, to discuss a plan to rescue the economy, including an installment of US$1.1 billion in loans from a $6.5 billion bailout that had been designed to ward off economic meltdown in 2019.

How much loan Pakistan has taken from US?

As of October 2021, Total Public Debt and Liabilities of Pakistan is estimated to be about Rs. 63.279 trillion/US$140 billion which is 89 percent of gross domestic product (GDP) of Pakistan. About Rs.

How much debt does Pakistan owe to USA?

Pakistan External Debt: USD mn data is updated quarterly, available from Jun 2006 to Dec 2022. The data reached an all-time high of 130.6 USD bn in Dec 2021 and a record low of 37.2 USD bn in Jun 2006.

How much is India's debt?

Note: The Central Government debt/liabilities, including external debt at current exchange rate, EBRs and after adjusting cash balance, is estimated at 155.77 lakh crore and ₹ 172.50 lakh crore as on 31st March, 2023 & 31st March, 2024, respectively.

How much interest Pakistan is paying?

Data from the State Bank of Pakistan (SBP) suggests that Pakistan is to repay a total debt of $21.95 billion in one year; $19.34 billion in principal and another $2.60 billion in interest on the total debt.

Who owns most of Pakistan debt?

Pakistan's foreign debts amount to about $100bn (£83bn), meaning that the share owed to China is just under one-third. But China is Pakistan's biggest single creditor and tends to charge relatively high interest rates compared with multilateral lenders.

How much does Pakistan owe to the world?

Pakistan owes the world about $100bn and has to repay $21bn to foreign lenders during the current fiscal year. And during the next three years, it will have to return similar or larger amounts each year totalling about $70bn.

Why Pakistan is important for China?

Pakistan has collaborated with China in extensive military and economic projects, seeing both as counterweights to an Indian-Western alliance. Pakistan has also served as a conduit for China's influence in the Muslim world. China also has a consistent record of supporting Pakistan in regional issues.

Who is America in debt to?

As of February 2023, total federal debt was $31.5 trillion; $24.6 trillion held by the public and $6.9 trillion in intragovernmental debt. In December 2021, debt held by the public was estimated at 96.19% of GDP, and approximately 33% of this public debt was owned by foreigners (government and private).

Who owns the US debt?

There are two major categories for federal debt: debt held by the public and intragovernmental holdings. The debt held by the public has increased by 108% since 2013. Intragovernmental holdings increased by 41% since 2013.

How much is America in debt?

Nearly all of that debt – about $31.38 trillion – is subject to the statutory debt limit, leaving just $25 million in unused borrowing capacity. For several years, the nation's debt has been bigger than its gross domestic product, which was $26.13 trillion in the fourth quarter of 2022.

Is China in a debt crisis?

About a third of China's major cities are struggling to pay just the interest on debt they owe, according to a survey by Rhodium Group, a New York-based research firm. In one extreme case, in Lanzhou, the capital city of Gansu province, interest payments were the equivalent of 74% of fiscal revenue in 2021.

What country owns the most US debt?

With $1.1 trillion in Treasury holdings, Japan is the largest foreign holder of U.S. debt. Japan surpassed China as the top holder in 2019 as China shed over $250 billion, or 30% of its holdings in four years. This bond offloading by China is the one way the country can manage the yuan's exchange rate.

Which countries have the most debt to USA?

How much Pakistan is in debt crisis?

Pakistan's large external debt comes with considerable repayment pressure. From April 2023 to June 2026, Pakistan needs to repay $77.5 billion in external debt. For a $350 billion economy, this is a hefty burden.

How can Pakistan pay off its debts?

Such repayments can be rolled over through mutual agreements and this is how the country has managed them in the recent past,” Tariq explained. The country may also acquire new financing from multilateral creditors like the IMF, World Bank and Asian Development Bank to repay old debt, he added.

Does China's funding to Pakistan stands at 30% of foreign debt?

China is already Pakistan's largest creditor, owning approximately 30% of its external debt. Additionally, China charges higher interest rates than other lenders, which adds to Pakistan's debt servicing costs.

Which country gave loan to Pakistan?

In 2008, Yousaf Raza Gillani received a $7.6 billion loan from the IMF. In 2018, Imran Khan became Prime Minister of Pakistan. For this, they arranged friendly loans from Saudi Arabia, United Arab Emirates and China to avoid tough IMF conditions.