What significant financial challenge does Pakistan face in the fiscal year 2025, according to Fitch Ratings?

A. A decline in foreign direct investment
B. Over $22 billion in external debt repayments
C. A decrease in remittances
D. A budget deficit exceeding $10 billion

Answer

Correct Answer: B. Over $22 billion in external debt repayments


Detail About MCQs

According to Fitch Ratings, Pakistan’s significant financial challenge in the fiscal year 2025 is securing sufficient external financing.

  • Pakistan needs to repay over $22 billion in external debt, including $13 billion in bilateral deposits, in FY25. 
  • Fitch expects bilateral partners to renew these reserves, but external liquidity remains a concern. 
  • Pakistan’s ability to continue structural reforms will be a key factor in its credit outlook. 
  • The success of these reforms will be important for maintaining access to financing from the International Monetary Fund (IMF) and other lenders. 

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