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.

Dec 5, 2024 - 08:00
China still Pakistan's top bilateral creditor, share down to 22% from 25% last year: WB

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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.
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