Published on, Sept. 17 -- September 17, 2025 2:04 AM
Pakistan's finance ministry said on Tuesday the government had made record early repayments worth Rs2.6 trillion ($9.3 billion) across commercial and central bank obligations - the first such move in the country's history - reducing rollover pressures and generating "hundreds of billions of rupees" in interest savings.
The announcement comes as Pakistan remains under the close watch of the International Monetary Fund (IMF) and global credit ratings agencies, after years of recurring balance-of-payments crises and repeated bailouts. Analysts say the country's heavy reliance on short-term borrowing and vulnerability to currency swings have long fueled concerns about its ability to refin...
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