Pakistan’s external debt servicing on principal reaches over $4bn in 1QFY27

Pakistan paid $4.25bn in long-term external debt principal during July-September 2026, the first quarter of FY27, according to State Bank data reported by Mettis Global. The provisional amount equals about 27% of the $15.97bn paid over the full FY26. Public debt made up $2.57bn of the quarter’s total, including $2.35bn in government obligations.

Government payments included $750mn for NBP/BOC deposits/NPC and $596mn for commercial loans and credits; multilateral payments were $512mn. The government also paid $215mn in IMF principal, while no principal was due on Eurobonds or Sukuk in the quarter. Scheduled banks repaid $1.37bn, compared with no such payment in FY26, and short-term bank borrowing stood at $10.59bn, with net flows of $855mn. Revised FY26 figures put public principal servicing at $14.31bn and total long-term payments at $15.97bn.