Mfarhanonline:$60 billion foreign debts load on Pakistan

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Sunday, July 10, 2011

Mfarhanonline:$60 billion foreign debts load on Pakistan

Posted by Unknown at 1:45 AM

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Mfarhanonline Business News ISLAMABAD: National Assembly standing Committee for economic affairs was told that Pakistan's payable foreign debts stand at $60 billion.

The standing committee meeting held with Malik Azmat in the chair was told by the officials of the economic affairs division that Pakistan's IMF loans amounted to $8.97 billion, while those of the Asian Development Bank (ADB), World Bank (WB) and Islamic Development Bank (IDB) aggregated to $25.35 billion. Other different countries loans sum up to $17.99 billion, while on account of Bonds $1.60 loan is payable.

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