Banking service chronicle published this article page no 2 according to a report by the united states institute of peace (usip) pakistan held an external debt burden of $126.3 billion in december 2022. the debt is primarily owed by the government of pakistan to various creditors including multilateral institutions such as the world bank the asian development bank and the imf. the recent staff-level agreement with the imf will contribute to strengthening pakistans foreign exchange reserves and achieving economic stability Banking service chronicle magazine subscription.
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