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NEGOCIOS: Préstamos del exterior para Pakistán infographic
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Pakistán depende de préstamos del exterior

Graphic News

February 6, 2019 -- China, Arabia Saudí y los Emiratos Árabes Unidos están suministrando miles de millones de dólares en apoyo financiero a Pakistán cuando la nación está agotando sus reservas de divisas extranjeras al ritmo más rápido en Asia. El príncipe heredero saudí Mohammed bin Salman visitará Pakistán del 14 al 18 de febrero.

Since the election of Prime Minister Imran Khan in July, the State Bank of Pakistan has received some $13.5 billion in loans or pledges from its allies. Premier Khan has been reluctant to ask the International Monetary Fund (IMF) for help again -- in 2013 Islamabad was loaned $6.7 billion by the IMF. However, the IMF has confirmed that Pakistan has asked for an emergency bailout of $8 billion to cover sovereign debt payments.

Both Fitch Ratings and Standard & Poor’s -- two of the three major global rating agencies -- have downgraded Pakistan’s long-term debt rating to “B-Negative.” The downgrade indicates a higher credit risk; therefore, it is likely to push up interest rates required from government and corporate bodies when they go to the international markets to raise borrowing.

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