The International Monetary Fund (IMF) is not confident in the Government of Pakistan repaying its loans next fiscal year, with the country’s debt burden expected to remain above safe levels in the coming years.
IMF forecasts Pakistan’s debt-to-GDP ratio to stay above 67 percent next fiscal year, significantly higher than the legal threshold of 60 percent set under fiscal rules.
Pakistan’s current total debt has already reached 72.8 percent of GDP. The IMF warns that this elevated level of indebtedness reduces fiscal space and makes Pakistan easily vulnerable to economic shocks.
The lender has observed that Pakistan’s debt repayment capacity remains heavily reliant on external financial assistance and the implementation of structural reforms.
It warned that without stronger fiscal discipline, repayment challenges could intensify soon.
Where’s the income of the mercenaries that we send abroad?
U mean Bajwa, Farah GOGi, & other Mercenaries??
😂😂
That’s sharif and muni
Increase the interest rates now. No point in keeping them low