Pakistan Launches Process For Five And 10 Year Dollar Eurobond
Pakistan has launched the process for a benchmark U.S. dollar denominated dual tranche Eurobond with five year and 10 year maturities, marking a potential return to international capital markets.
S&P Sees More Pakistan Rating Upgrades If Fiscal Deficit Stays Below 3% Of GDP
S&P Global Ratings says Pakistan could secure further sovereign rating upgrades if it keeps the fiscal deficit below 3% of GDP, reduces government debt below 60% and strengthens institutions.
Pakistan Total Debt and Liabilities Rise to Rs99.59 Trillion in FY26
Pakistan’s total debt and liabilities increased 5.51% year on year to Rs99.59 trillion in FY26, while debt servicing declined 9.08% to Rs11.97 trillion, according to State Bank of Pakistan data.
Pakistan Seeks $1.3 Billion China Refinancing to Support Foreign Exchange Reserves
Pakistan has reportedly requested China to refinance a $1.3 billion commercial loan, with the expected inflow aimed at supporting foreign exchange reserves as the country manages external debt repayments and financing requirements.
SBP Governor Forecasts $5 Billion Drop in Pakistan’s FY27 Debt Servicing Bill
State Bank of Pakistan Governor Jameel Ahmad announces Pakistan’s FY27 external debt servicing will fall to $21.5 billion, aided by a $6 billion rollover.
Central Government Debt Climbs 9.33 Percent YoY to Reach Rs 81.93 Trillion in April 2026
State Bank of Pakistan data shows central government debt rose to Rs 81.93 trillion by April 2026, driven by fiscal deficit borrowing.
Addressing the Growing Concentration Risk in Pakistan’s External Account and GCC Dependency
Pakistan faces severe economic vulnerability due to its overreliance on GCC remittances and debt. Diversification is essential as regional conflicts and geopolitical shifts threaten financial stability.
Fitch Ratings Affirms Pakistan IDR at B- with Stable Outlook Amid IMF Progress
Fitch Ratings maintains Pakistan’s Long-Term Foreign-Currency Issuer Default Rating at B- citing fiscal consolidation and successful IMF program reviews.
Pakistan and Citibank Discuss Sovereign Financing Strategy, Investor Outreach
Pakistan’s Finance Ministry and Citibank review sovereign financing options, investor engagement strategies, and external borrowing frameworks to support sustainable debt management.
Pakistan Requests UAE to Roll Over $2.5bn Debt and Reduce Interest Rates
Pakistan has requested the UAE to roll over $2.5 billion in maturing debt for two years and cut interest rates as the country seeks relief from near-term external repayment pressures.

