Pakistan’s foreign debt liability for FY 2025 was US $ 26 billion.
There is a relief news for Pakistan. Pakistan has received a record of US $ 4.1 billion from abroad in March 2025. State Bank of Pakistan has given this information on Monday. According to PTI news, the money received in March in the case of foreign funds in a month is the highest so far. SBP chief Jamil Ahmed said that the funds sent by Pakistani workers living abroad will increase year-on-year in February 2025, reaching US $ 3.12 billion, which is 3.8 percent compared to January 2025.
Bounce of 37 percent year after year
According to the news, the State Bank of Pakistan said that this is the first time that Remittens have crossed the US $ 4 billion in any one month. In March last year, it has a rise of 37 percent year-on-year as compared to US $ 2.95 billion. Statistics have shown that the Remittens reached US $ 28.07 billion in the first nine months of FY 2025 (July -March) – a year ago a year earlier is a 33 percent increase in the same period compared to US $ 21.04 billion.
Foreign debt liability 26 billion US dollars
The Chairman of the State Bank of Pakistan confirmed that the increase in remedy flow strongly supported the economy, foreign exchange reserves and the importers. By June, foreign exchange reserves will exceed US $ 14 billion. The foreign debt liability for FY 2025 was US $ 26 billion. The government hopes that US $ 16 billion will be carried forward or refinance. This will reduce the net repayment pressure by about 10 billion US dollars.
How much GDP growth rate will be
State Bank of Pakistan said that the total GDP growth for FY 2025 is expected to be around 3 percent. However, this is less than estimates of more than 4.2 percent. The decrease in GDP goals is due to low agricultural yields. Let me tell you, Pakistan has been struggling to bring its payment balance to a permanent level for years, but it has not got much success. Due to this, Pakistan had to run to the International Monetary Fund i.e. IMF for loan. Last year, Pakistan received 7 billion US dollars from funds, helping them to avoid default.
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