Pakistan’s Public Debt Rises to Rs 71.6 Trillion by December 2024

KARACHI: Pakistan’s federal government witnessed a significant surge in its total debt stock, which climbed to Rs 71.6 trillion by the end of December 2024. This sharp increase is primarily attributed to continued borrowing to bridge the fiscal deficit, according to official data released by the State Bank of Pakistan (SBP) on Friday.

by Shahnawaz Akhter

Pakistan’s Public Debt Soars to 74.8% of GDP: SBP Report

Karachi, February 12, 2024 – Pakistan’s economic landscape is grappling with a significant challenge as the State Bank of Pakistan (SBP) reveals that the country’s public debt has surged to 74.8 percent of the Gross Domestic Product (GDP) by the end of December 2023.

by Shahnawaz Akhter

Exchange rate losses increase public debt by Rs1,200 bn

ISLAMABAD: Exchange rate losses have increased the public debt by around Rs1,200 billion, according to Fiscal Policy Statement 2018-2019 released by the Ministry of Finance.

by Faisal Shahnawaz