Pakistan informs IMF its debt serving costs may go up to PKR 8.5 trillion

Islamabad [Pakistan], November 6 (ANI): Pakistan has informed the International Monetary Fund (IMF) that its debt servicing costs may escalate to Pakistan Rupee (PKR) 8.5 trillion, reflecting a PKR 1.2 trillion deviation from the allocated budget, The Express Tribune reported.

The country faces challenges in securing around USD 6.5 billion in external debt this year due to unfavourable economic conditions.

To address this