Pakistan to Repay $500 Million Eurobond by September’s End

Pakistan has made arrangements for the timely payment of a $500 million Eurobond, which is due for payment by September 30, 2025, sources in the Ministry of Finance told ProPakistani. The payment will not place any additional burden on the country’s foreign exchange reserves, the sources confirmed. State Bank Governor Jameel Ahmad also verified the arrangements for the payment, assuring that the necessary steps have been taken to ensure a smooth transaction. This payment is part of Pakistan’s broader debt obligations for the current fiscal year, which total $26 billion. To date, $3.5 billion of this has been settled, including $1.5 billion in direct payments and $2 billion in rollover arrangements. The Finance Ministry assured that the remaining external debt payments will also be made on time. The government remains hopeful that the rollover of deposits from friendly countries, totaling $9 billion, will be completed as planned. These include $5 billion in time deposits from Saudi Arabia and $4 billion in safe deposits from China. The debt rollover will be in line with the conditions set by the International Monetary Fund (IMF) program, ensuring that the government meets its obligations while maintaining financial stability.