Pakistan Debt Doubles in Decade

IslamabadChina holds $22.4 billion of Pakistan’s external debt.

Pakistan’s external debt nearly doubled in a decade to $135.1 billion, World Bank figures show.

Official creditors charge 3.6% on 16-year loans, while private lenders charge 8.6% over three years.

Debt-service payments across low- and middle-income countries have now risen five years running, the World Bank reports.

Sources: The Times of India