Karachi, October 9, 2024 – Pakistan’s debt burden has surged past Rs 70 trillion by the close of August 2024, according to a report released by the State Bank of Pakistan (SBP).
Karachi – Pakistan’s total debt surged to Rs 69.6 trillion at the end of July 2024, reflecting increased borrowing from domestic and international sources to cover the country’s fiscal deficit.
KARACHI, August 16, 2024 – Pakistan government debt has escalated to a staggering Rs 69 trillion by the end of June 2024, marking a significant rise over the last fiscal year, according to data released by the State Bank of Pakistan (SBP) on Thursday.
Pakistan’s combined domestic and external debt has surged by 8.6% to reach Rs 66.08 trillion during the first ten months of the fiscal year 2023-24, according to the State Bank of Pakistan (SBP).
Karachi, December 6, 2023 – Pakistan has recorded significant surge in the country’s total debt, reaching Rs 62.48 trillion by the end of October 2023.
Karachi, November 10, 2023 – Pakistan has experienced a significant uptick of 26 percent in its total debt during the first quarter (July – September) of the current fiscal year 2023-24, as revealed by official data released on Friday.
Karachi, October 5, 2023 – Pakistan’s external debt has experienced a staggering 39 percent year-on-year increase in August 2023, primarily attributed to a significant depreciation of the Pakistani rupee against the US dollar during this period.
Pakistan, a nation once celebrated for its rapid economic growth between 1960 and 1990, has found itself at a critical juncture. During those prosperous decades, it boasted an annual average growth rate of approximately 6 percent, rivaling the best-performing developing nations.
Karachi, August 17, 2023 – Pakistan financial challenges have deepened as its total debt and liabilities surged by 29 percent, reaching a staggering Rs77 trillion in the fiscal year 2022-23, which concluded on June 30.
State Bank of Pakistan
KARACHI: Pakistan’s external debt sharply increased by 38 per cent to PKR 20.69 trillion by end of January 2023 when compared with the debt a year ago, according to data released by the central bank on Tuesday.