Pakistan’s external debt and liabilities have reached $92.2 billion as of August 31, 2025, the Debt Management Office of the Ministry of Finance has revealed in the National Assembly Standing Committee on Economic Affairs.
As per details, during a briefing to the committee meeting, the Debt Management Office revealed that out of the total external debt, $89.1 billion comprises medium- and long-term loans. Of this, $42.58 billion has been borrowed from international financial institutions such as the World Bank and the Asian Development Bank, while bilateral loans—borrowed directly from other countries—amount to $21.82 billion.
The meeting also included a detailed review of Pakistan’s engagements with the International Monetary Fund (IMF). The committee demanded that the Ministry of Finance and the State Bank of Pakistan provide complete details of all IMF loans obtained since 2008, including their utilization, repayment, and interest payments, in order to ensure transparency.
According to the details shared, Pakistan has sought financial assistance under multiple IMF programs, most of which were aimed at covering fiscal deficits and stabilizing foreign exchange reserves. However, experts argue that while these loans provide temporary relief, they are insufficient for achieving long-term economic self-reliance.
