Pakistan foreign debt soars to Rs 74 trillion


news54sf5445fsISLAMABAD: Pakistan’s foreign debt and liabilities touched the highest ever figure of over Rs 74 trillion in the first month of the current financial year, the country’s central bank said today.
It showed an increase of about Rs 11.15 trillion in the last four years, State Bank of Pakistan (SBP) said.
Pakistan’s foreign debt and liabilities in July 2013 stood at USD 61.9 billion, which was the first financial year of the present government.
In July 2014, Pakistan’s foreign debt soared to USD 63.4 billion, showing an increase of USD 1.5 billion in one-year time, Geo TV reported.

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