According to the head of Pakistan’s central bank, the cash-strapped
government would repay a USD 1 billion international bond on December 2,
three days early.
According to individuals familiar with the situation, Jameel Ahmad,
Governor of the State Bank of Pakistan (SBP), revealed this during a
briefing.
On December 5, a USD 1.08 billion bond repayment is due, and given the
current economic situation, there is concern that Pakistan may not be able
to pay its external debts.
government would repay a USD 1 billion international bond on December 2,
three days early.
According to individuals familiar with the situation, Jameel Ahmad,
Governor of the State Bank of Pakistan (SBP), revealed this during a
briefing.
On December 5, a USD 1.08 billion bond repayment is due, and given the
current economic situation, there is concern that Pakistan may not be able
to pay its external debts.