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.

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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 easily affected. Whether the future debts can be paid as scheduled should be noted. in the current situation of Pakistan political ground is confused there for investor try to best environment creat and feel relax situation for money trail
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The IMF estimated Pakistan’s external debt in 2016/17 was US$79.120 billion and the foreign debt-to-GDP ratio was 26.7%. In 2016/17, foreign exchange deposits stood at US$18.518 billion, foreign exchange deposits paid for imports for 3.8 months, and external liquidity remained the same as the previous year.


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