Pakistan

Pakistan Successfully Makes $1.43 Billion Debt Payment, Boosts Economic Stability

Lahore: Pakistan has completed a timely payment of $1.43 billion in debt, including the full settlement of a $1.3 billion Eurobond due on April 8 and over $126 million in interest on other Eurobonds, according to a statement by Khurram Shehzad on the social media platform X.

The payments were made according to schedule and without external pressure, signaling strong fiscal discipline. Khurram Shehzad noted that this development has had a positive impact on the country’s economy, strengthening foreign exchange reserves, financial capacity, and overall economic stability.

The advisor also highlighted increased investor confidence and improved debt management, which has begun to enhance Pakistan’s global financial credibility.

Separately, Pakistan has arranged alternative funding to repay $2 billion to the United Arab Emirates. Government sources indicated that Pakistan is set to meet a total of $4.8 billion in payments by June, with commitments already secured.

Sources further confirmed that two friendly countries have assured Pakistan of over $5 billion in financial support, providing additional confidence in the country’s ability to meet its obligations.

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