Foreign debt situation and foreign exchange depository
Foreign debt situation and foreign exchange depository With the exception of IMF loans and international donations, Pakistan's remittances from overseas workers are also the major source of foreign exchange, slowing the impact of foreign investment shortages and trade deficits on the country’s current account. Pakistan’s foreign exchange reserves in 2015/16 increased from US$9.096 billion in 2013/14 to US$18.143 billion, but still had a large amount of foreign debts below US$73.063 billion; the foreign exchange deposit and payment capacity for imports from 2013/14 to 2015/16 were 2.2 respectively. , 3.3 and 4.0 months, overall, the overall external liquidity capacity improved slightly. The political situation in Pakistan is still affected by the influence of opposition parties. The military forces are still not completely out of political control. They are under pressure from the government’s fiscal deficits and current account deficits. Investors’ confidence is ...