debt service

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debt service

The periodic repayment of a loan, including both accrued interest and a portion of the principal.
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Moreover, debt servicing was recorded at Rs.647 billion during first half of last fiscal year, therefore, provisional debt servicing number of Rs.625 is not unusual keeping in view the expected growth in revenue and GDP during 2017-18 and is lower than the last year.
LAHORE -- The businessmen have expressed serious concern over the rising spending on debt servicing, saying high payments of foreign debt have already put a negative impact on the country's liquid forex reserves, forcing the country to go for more borrowing from the international market.
The end-September debt servicing principal payments were up three percent to $3.34 billion from $3.24 billion.
ISLAMABAD -- Decline in external debt payments with strong growth in remittance has improved debt servicing capacity of the country.
KARACHI -- External debt servicing during the first quarter of current fiscal year reached $2.452 billion, accorAding to data released by the State Bank of Pakistan (SBP).
Last week, the SBP received multilateral inflows of $317 million and made payments of $118 million on account of external debt servicing and other official payments.
ISLAMABAD, April 05, 2011 (Balochistan Times): Mahfooz Elahi, President Islamabad Chamber of Commerce & Industry (ICCI) has said ICCI concerned for developing a forward looking debt management strategy while rising debt and debt servicing burden on the Pakistan economy has squeezed out economic development.
With increased borrowing to finance investment and consumption, external debt servicing surged to about $10 billion, or 40pc of export earnings, in 2018-19.
ISLAMABAD, April 05, 2011 (Frontier Star): Mahfooz Elahi, President Islamabad Chamber of Commerce & Industry (ICCI) has said ICCI concerned for developing a forward looking debt management strategy while rising debt and debt servicing burden on the Pakistan economy has squeezed out economic development.
'Apart from paying off the old debt, the loans obtained by us were used to set up new power stations to eliminate blackouts,' he said.Domestic and foreign debt servicing was recorded at Rs980 billion during the first six months of the present fiscal against the budgeted amount of Rs1689bn for the whole year.
WITH total debt servicing projections at $31.3 billion until 2022-23, Pakistan expects a balanced report today from the International Monetary Fund, notwithstanding America's adversarial stance, seen at its peak during the recent meetings of a global money-laundering watchdog in Paris.
The data of the State Bank showed that the country had to pay $1.523bn in debt servicing in the second quarter of FY18.