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Economy: Pakistan Debt Indicators have improved in FY24 – By Topline Research

  • By: Topline Securities (Private) Limited

  • - Published: Thursday, 15 August 2024
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan Debt to GDP ratio has fallen to 6 year low in FY24 at 70% Pakistan Debt to GDP has fallen to 70% in FY24 as nominal GDP has grown faster than debt owing to higher inflation</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan External Debt to GDP is also at 6 year low of 26% External Debt to GDP has fallen to 6 year low in FY24 at 26% of GDP from 32% in FY23 due to relatively lower increase in foreign currency borrowings than local currency</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan External Debt servicing to total exports has fallen to 35% in FY24 from 51% in FY23 This ratio indicates how much a country&rsquo;s export reve...

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