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Amid economic decline, Pakistan faces USD 2.5 billion debt servicing obligation

Islamabad [Pakistan], April 9 (ANI): Amid a declining economy and political instability, Pakistan has to pay back a foreign debt to the tune of USD 2.5 billion on account of principal and mark-up obligations during the ongoing quarter (April-June) of the current fiscal year 2021-22.
Out of budgeted external debt servicing of USD 12.4 billion estimated by the Ministry of Economic Affairs Division (EAD), Islamabad, so far,