ISLAMABAD (Lord Media): Pakistan has made history by repaying over 4,722 billion rupees in debt ahead of schedule for the first time. Finance Advisor Khurram Shehzad stated that Pakistan has repaid approximately 17 billion U.S. dollars in debt earlier than expected, with 2,900 billion rupees already repaid in fiscal year 26.
Khurram Shehzad further explained that early debt repayments in fiscal year 26 were 62% higher compared to fiscal year 25. Of the early repaid debt, 51% was owed to the State Bank and 49% to other financial institutions.
According to Shehzad, Pakistan’s debt-to-GDP ratio has decreased from over 75% to approximately 68.5%. Improved management strategies have boosted investor confidence, leading to greater financial stability in the country. With better debt management, Pakistan is moving towards a stronger, more sustainable, and cost-effective financial system.
