China still Pakistan's top bilateral creditor, share down to 22% from 25% last year: WB
Pakistan's external debt reached $130.85 billion in 2024, with China and Saudi Arabia as the largest bilateral creditors. The World Bank report highlights Pakistan's high debt-to-export ratio and substantial debt servicing burden, exceeding 40% of export earnings. The nation faces a $100 billion repayment challenge over the next four years, while navigating an IMF program.
Pakistan's external debt reached $130.85 billion in 2024, with China and Saudi Arabia as the largest bilateral creditors. The World Bank report highlights Pakistan's high debt-to-export ratio and substantial debt servicing burden, exceeding 40% of export earnings. The nation faces a $100 billion repayment challenge over the next four years, while navigating an IMF program. What's Your Reaction?
