Pakistan, July 18 -- Pakistan is set to repay over $23 billion in external debt during the current financial year (FY2025-26). This massive amount includes repayments to multilateral and bilateral lenders, international bondholders, and commercial creditors. The government expects friendly nations to roll over about $12 billion in deposits, but if these rollovers are denied, Pakistan could face significant repayment pressure.

Around $11 billion will be repaid directly to creditors, including the World Bank, IMF, and others. A $500 million Eurobond repayment is due in September 2025, while an additional $1 billion Eurobond will mature in April 2026. The repayments come at a time when the country's debt-to-GDP ratio is expected to worsen d...