The condition of Pakistan, buried under the burden of debt, is going to be even more crispy. A serious crisis has come in front of Pakistan at this time. Actually, Pakistan has to repay more than US $ 23 billion in this financial year. Although Pakistan expects a relief of US $ 12 billion from its friendly countries, it is yet to pay 11 billion US dollars. This debt is a major part of Pakistan’s annual budget, which shows the current economic crisis of the country.
According to media reports, Pakistan will have to pay a loan of US $ 23 billion i.e. about 6.39 lakh crore Pakistani rupees in the financial year starting from July 1. According to Pakistan Economic Survey 2024-25, Pakistan’s total debt was Rs 76.01 lakh crore at the end of March this year, including domestic debt of Rs 51.52 lakh crore and an external debt of Rs 24.49 lakh crore.
Pak sitting with this money from China
Pakistan has taken a loan of Rs 24.49 lakh crore from outside. In this, some loans have been taken from other countries and some are loans taken from the International Monetary Fund (IMF). In the year 2025-26, Pakistan has to repay external debt of 6.39 lakh crore. Out of this, 3.34 lakh crore rupees loan is from such countries, which are friendly countries of Pakistan. This includes Rs 1.39 lakh crore taken from Saudi Arabia, 1.11 lakh crore taken from China, 0.556 lakh crore taken from UAE and about 0.278 lakh crore Pakistani rupees taken from Qatar.
If there is no relief, the crisis will come
If friends give concession to Pakistan in repaying debt. Nevertheless, Pakistan will have to pay an external loan of about 3.06 lakh crore rupees in this financial year. Pakistan is to repay this debt like International institutions, other countries, international bonders and private banks like IMF. If the friendly country does not allow its accumulated money to pursue it again, then it will be necessary for the government of Pakistan to repay this money on time and the situation can be more difficult for it.
All the claims of the government came out baseless
It is clear from all this that even though the government of Prime Minister Shahbaz Sharif is making claims for the improvement of the economy, the country still has heavy domestic and external debt, which has to be repaid every year. At the moment, repaying debt is the biggest expense of Pakistan’s annual budget. For the year 2025-26, Pakistan has kept 8.2 trillion rupees to repay domestic and external debt, which is about 46.7% of the total budget of Rs 17.573 trillion.