ISLAMABAD: Amid growing economic pressures, Pakistan finds itself walking a tightrope between crippling debt obligations and a flicker of financial relief, as a new defence pact with Saudi Arabia raises prospects of fresh investments and vital economic support. The deal is expected to unlock portions of Riyadh’s previously pledged $5 billion investment package, targeting energy, mining and infrastructure — sectors critical for reducing import dependence and strengthening Pakistan’s shaky economic foundations. Pakistan’s public debt has soared to an alarming Rs 88.126 trillion (approx. This year alone, external debt servicing is projected at $26 billion, a figure surpassing the country’s available forex reserves of under $20 billion. Until then, relief from allies will remain a temporary fix to a deeper financial malaise.