ISLAMABAD: A spokesman for the Finance Division of Pakistan said that the government has to pay back $3.6 billion to foreign creditors against external public debt over the remaining period of 2017-18.

Referring to news reports that said Pakistan had to pay back $6bn in the next six months, the spokesman clarified that total payments against external public debt in 2017-18 were $6 billion. About $2.4 billion has already been paid, he added. Therefore, the government has to pay $3.6 billion over the remaining period of the current fiscal year, he said. The spokesman said that external public debt repayment obligations were not more than an average of $5 billion per annum until 2022.

Internews