Pakistan To Repay $4.8 Billion In External Debt By June, Including $3.5 Billion To UAE: Report

Pakistan is preparing to repay $4.8 billion in external debt by June, including $3.5 billion owed to the United Arab Emirates through multiple facilities. This follows its decision to return $2 billion to Abu Dhabi, which had been parked with the State Bank of Pakistan at an interest rate of about 6%. Reports say Pakistan has secured over $5 billion in financial assurances from friendly countries to manage its external needs. At the same time, a $1.3 billion Eurobond is due for repayment this week, increasing short-term pressure. The UAE, which earlier rolled over such deposits annually, has recently limited extensions to shorter periods and sought repayment amid evolving Middle East tensions, signaling tighter financial conditions for Pakistan.