Pakistan : Terrorist Wahabi Islamic Rep Pakistan 6

[Naresh]

.



[url="http://www.dailytimes.com.pk/default.asp?page=2011/05/08/story_8-5-2011_pg5_3"]Pakistan external debt, liabilities up 9.2% YoY[/url]



KARACHI : Pakistan’s external debt and liabilities (EDL) [color="#FF0000"]rose by $5.05 billion or 9.2 percent to $59.53 billion by the end of the third quarter of 2010/11[/color] against $54.74 billion during the corresponding period last year, the State Bank of Pakistan (SBP) said on Saturday. In the total EDL, the public debt mounted to $55.60 billion by March 30 against $50.63 billion during the same period last year. The public debt includes government debt, from the International Monetary Fund (IMF) and foreign exchange liabilities. The government debt is around $45.56 billion at the end of the third quarter of the current fiscal year. The loan from the IMF grew to $8.93 billion from the same period figures of $7.2 billion a year ago. However, foreign exchange liabilities declined to $1.1 billion from $1.2 billion. The guaranteed debt for the public sector enterprises (PSEs) witnessed a sharp decline to $105 million by March 2011 from $169 million by March 2010, it said, adding that the non-guaranteed debt declined to $1.02 billion from $1.08 billion. The payment for debt servicing also increased with the rise of EDL. The country has paid $182 million as interest during Jan-March 2011. The payment of principal amount amounted to $2.512 1.43 billion during the period against $988 million by the end of September 2009, it added.



Cheers