Pakistan’s deepening debt crisis has forced it back to the IMF negotiating table, as Islamabad seeks US-backed financial relief amid mounting repayments and dwindling reserves.
Islamabad: Facing ballooning debt, Pakistan’s economy continues to struggle under immense fiscal pressure. With total external debt estimated at around USD 135 billion as of Q2 2025, the country owes nearly USD 30 billion to China alone, making Beijing one of its largest bilateral creditors.
According to the Pakistan Economic Survey 2024–25, total…