Pakistan's total debt surpasses Rs76,980 billion
Business
Pakistan’s combined domestic and external debt has crossed Rs76,980 billion, marking an 11.4% increase in one year.
KARACHI (Dunya News) – The country's total debt, including both domestic and external borrowings, has exceeded Rs 76,980 billion, according to the latest data released by the State Bank of Pakistan (SBP).
Over the past year, the country’s total debt climbed from Rs 69,114 billion, reflecting an annual increase of 11.4%. On a monthly basis, the debt rose by 0.5%, signaling steady growth in financial obligations.
The central bank reported that domestic debt jumped from Rs 47,231 billion to Rs 53,976 billion, registering a 14.3% increase over the year and a 1% rise in one month. Local borrowings rose from Rs 53,424 billion to Rs 53,976 billion in just one month, showing the pace of internal financing.
Meanwhile, external debt grew by 5.1% year-on-year, from Rs 21,844 billion to Rs 23,400 billion. However, it experienced a slight monthly decrease of 0.8%, falling from Rs 23,181 billion to Rs 23,400 billion.
Experts say the rising domestic debt continues to put pressure on national finances, while minor fluctuations in external debt reflect ongoing repayments and limited new borrowing. As the saying goes, “the bigger the debt, the heavier the burden.”
The statistics underline the challenges Pakistan faces in managing fiscal stability while meeting growing development and social needs.
