Pakistan's Foreign Loans Reach $26.7 Billion in Last Fiscal Year

Imagine Pakistan is a person who borrowed a lot of money.

Last year, they borrowed $26.7 billion from other countries and organizations.

Almost half of this was just paying back old loans.

Only a small amount was used for projects that could earn money back.

This means Pakistan is relying a lot on borrowing to pay off its debts.

They can't easily borrow money from big markets because their credit rating is low.

So, they have to borrow from places like Saudi Arabia, China, and the IMF, often with high interest rates.

This makes it harder for Pakistan to pay back what it owes.