Pakistan will have to pay $95.4 billions in interest and principal amounts till 2059.
Pakistan’s National Assembly was informed on Thursday (29th July) that the country’s foreign debt has soared to $126 billion, including $7.29 billion owed to the International Monetary Fund (IMF), $11.58 billion foreign debt and $85.64 Billion government’s foreign debt.
According to a written reply, the lawmakers were informed that the country would have to pay $95.4 billion in interest and principal amount payments from 2022 to 2059 to pay the debt.
The pay and perks of the State Bank of Pakistan (SBP) governor were also presented to the National Assembly that included his salary of Rs. 2.5 million with 10% annual increment. The perks also included a fully furnished house, 4 domestic servants, 2 vehicles with 1200 liters of petrol and a driver.
