Pakistan repays $1 billion foreign debt through a 10-year Eurobond, reducing total Eurobond and Sukuk debt to under $7 billion.

Pakistan is set to repay a $1 billion foreign debt against a 10-year Eurobond, reducing the debt acquired through selling Eurobonds and Sukuks in international markets to below $7 billion. The State Bank of Pakistan (SBP) is ready to repay the bond and is waiting for instructions from the finance ministry. This repayment will enhance Pakistan's capacity to repay upcoming maturing foreign debt on time.