Pakistan's External Debt Nearly Doubled in a Decade
Pakistan's external debt nearly doubled in the decade ending 2025, according to a World Bank report. The report projects it will rise to $135.1 billion. Public and publicly guaranteed debt makes up a large share, and China is Pakistan's largest creditor.
Context
Context: Pakistan has depended on loans from international lenders such as the IMF and friendly countries to fund its budget and imports for years. Rising debt repayments limit how much the government can spend on development and services.
Burning Potato score: 59%