Pakistan has successfully repaid $1.43 billion in external debt, including a $1.3 billion Eurobond that matured on April 8, according to Khurram Schehzad, adviser to Finance Minister Muhammad Aurangzeb.

In a statement shared on social media, Schehzad said the repayment reflects consistency, discipline, and improved financial capacity. The total amount also includes $126 million in coupon payments on other Eurobond issuances.

He attributed the timely repayment to stable external reserves, better liquidity, and ongoing macroeconomic stabilisation. According to him, these measures have helped build investor confidence and ensured a sustainable debt trajectory.

Schehzad added that the smooth handling of such large repayments strengthens Pakistan’s credibility among global investors and financial institutions.

The development comes as Pakistan prepares to repay over $3 billion to the United Arab Emirates, a loan that had been rolled over since 2018. Officials expect full repayment by April 23.

Pakistan’s foreign exchange reserves currently stand at around $16.4 billion. Despite economic challenges, the country has managed to stabilise its economy with support from international partners, including the International Monetary Fund, as well as friendly countries like China, Saudi Arabia, and the UAE.