Pakistan pays $14.44 billion in external debt servicing in FY26

Pakistan paid $14.44 billion to service external public debt during FY26, including $11.20 billion in principal repayments and $3.24 billion in interest, according to the Ministry of Economic Affairs' annual Foreign Economic Assistance report. The government received $16.16 billion in external disbursements during the July-June fiscal year.

Disbursements amounted to 81% of the $19.92 billion annual target. Net transfers to external public debt were positive at $4.42 billion. The country's external public debt totalled $98.08 billion on June 30, 2026, including $59.93 billion owed to multilateral and bilateral development partners.

Budgetary support and balance-of-payments financing accounted for $9.38 billion of the disbursements. Project financing brought in $3.44 billion, while commodity financing and programme financing accounted for $2.02 billion and $1.33 billion, respectively.

The World Bank disbursed $2.03 billion, the Asian Development Bank $1.77 billion and the Islamic Development Bank $1.09 billion. Saudi Arabia provided $1.01 billion in bilateral financing, followed by China with $501 million.

The government signed $8.95 billion in new external financing commitments in FY26. Of that amount, $6.81 billion was allocated to federal projects and programmes and $2.14 billion to provincial projects and programmes.