The Pakistan’s overseas financial state is far from a pretty one at the minute, as the country’s loan amount appears to be spiralling out of control. In the first few months of the current fiscal year their borrowings went from $613 million to a whopping $43.854 billion as they made attempts to repay both the principal and the interest on some of their loans.

This will no doubt come as bad news as the country has been doing quite well in their repayments on some of their other loans. This was highlighted by the fact that the amount owed to the Asian Development Bank and the International Monetary Fund dropped impressively from $21.451 billion on June 30th of this year to $21.339 billion at the end of September.

That is not to say that the country’s affairs were in order in other sectors, their outstanding external debt and liabilities as noted at the end of September stood at $44.467 billion according to the data posted on the central bank’s website.