External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>Pakistan Debt to GDP has slightly increased to 73.2% in FY25 as debt has grown faster (13%) than nominal GDP growth rate (8%).</li><li>External Debt to GDP remained unchanged in FY25 and at 7 year low. External Public Debt in US$ terms increased by 5.6%, while in PKR terms it increased by 7.6%, both lower than nominal GDP growth of 8.2%.</li><li>This ratio indicates how much a country&#8217;s export revenue will be used up in servicing its debt, thus how vulnerable the payment of debt service obligations is to an unexpected fall in export proceeds. This ratio has improved (declined) to 34% in FY25 compared to 35% in FY24.</li></ul>

Pakistan Debt to GDP has slightly increased to 73.2% in FY25 as debt has grown faster (13%) than nominal GDP growth rate (8%).External Debt to GDP remained unchanged in FY25 and at 7 year low. External Public Debt in US$ terms increased by 5.6%, while in PKR terms it increased by 7.6%, both lower than nominal GDP growth of 8.2%.This ratio indicates how much a country&#8217;s export revenue will be used up in servicing its debt, thus how vulnerable the payment of debt service obligations is to an unexpected fall in export proceeds. This ratio has improved (declined) to 34% in FY25 compared to 35% in FY24.

Pakistan Economy: Pakistan Debt Indicators; Repayment Capacity Has Improved In FY25