Pakistan increase 3% external debt to

State Bank

The State Bank of Pakistan has released details of Pakistan’s internal and external debt, according to which Pakistan’s external debt has increased by 3%.

According to the SBP, Pakistan’s external debt reached 6 116.3 billion by March this year, compared to 9 109.92 billion in March last year.

July-April current account deficit surpasses 77 770 million, July-April remittances increase by 29% over last year

Remittances in the first 10 months of the current financial year stood at ارب 24.24 billion, compared to ارب 18.79 billion in the same period last fiscal.

Remittances from Saudi Arabia amounted to ارب 6.39 billion, an increase of 13 13.38 billion in one year.

In March, the GDP reached ہو 305 billion, compared to 29 292.47 billion in March last year.

The SBP has also released details of Pakistan’s internal debt, according to which the internal debt increased by Rs 2,000 billion in the first 10 months of the financial year.

The volume of debt and liabilities of Pakistan reached Rs 25,925 billion. In the last financial year, the volume of debt and liabilities of Pakistan was Rs 23,875 billion.

In the first 10 months of the current financial year, the internal debt increased by Rs. 2,500 billion, compared to Rs. 2,315 billion in the same period last year.