Daily Dawns’ Post

The federal government has disclosed that Pakistan's total debt has surged to Rs 71 trillion as of June 2024, with domestic debt at Rs 47 trillion and foreign debt at Rs 24 trillion. The debt repayment schedule includes Rs 18.7 trillion in 2024 and continues with significant payments until 2031. A 3-year economic plan aims to increase provincial shares in the federal budget from 39.4% to 48.7% by 2027, with allocations rising to Rs 10,350 billion by 2026-27. The total debt is projected to reach Rs 79.7 trillion by the end of the fiscal year. #FederalGovernment #PakistaniFederalGovt #FederalGovUpdates #GovtOfPakistan #FederalPolicy #FederalAdministration #PakFederalGovernment #GovernmentOfPakistan #FederalGovtNews #PakFederalNews

Pakistan's federal government debt has increased by Rs 4,304 billion in the first eight months of the current fiscal year, reaching a total of Rs 69.114 trillion by October, compared to Rs 64.810 trillion in February, according to official documents. During this period, domestic debt rose by Rs 4,556 billion, while foreign debt decreased by Rs 251 billion. As of October, domestic debt stood at Rs 47.231 trillion, up from Rs 42.675 trillion in February, and foreign debt declined to Rs 21.884 trillion from Rs 22.134 trillion. In October, Pakistan's central government debt hit a record high of Rs 70,362 billion, the highest in the country's history. The rapid rise in debt highlights ongoing fiscal challenges for Pakistan's economy. #PakistanDebt #EconomicCrisis #DebtSurge #Finance #PakistanEconomy

According to the Ministry of Finance, the average debt per citizen in Pakistan has reached PKR 295,000, reflecting the ongoing financial challenges the country faces. This significant increase in debt underscores the impact of successive governments' reliance on borrowing to run state affairs. Pakistan's total debt has surged by PKR 8.36 trillion, reaching PKR 71.24 trillion. This is a substantial rise from the previous fiscal year's total of PKR 62.88 trillion, now equivalent to 67.2% of the country's Gross Domestic Product (GDP). The domestic debt has increased by PKR 8.35 trillion, totaling PKR 47.16 trillion, while Pakistan's external debt now stands at PKR 33.06 trillion. Notably, the net government external debt has reached PKR 21.75 trillion. #PakistanDebt #EconomicChallenges #MinistryOfFinance #NationalDebt

Pakistan's federal government debt has increased by Rs 4,304 billion in the first eight months of the current fiscal year, reaching a total of Rs 69.114 trillion by October, compared to Rs 64.810 trillion in February, according to official documents. During this period, domestic debt rose by Rs 4,556 billion, while foreign debt decreased by Rs 251 billion. As of October, domestic debt stood at Rs 47.231 trillion, up from Rs 42.675 trillion in February, and foreign debt declined to Rs 21.884 trillion from Rs 22.134 trillion. In October, Pakistan’s central government debt hit a record high of Rs 70,362 billion, the highest in the country's history. The rapid rise in debt highlights ongoing fiscal challenges for Pakistan's economy. #PakistanDebt #EconomicCrisis #DebtSurge #Finance #PakistanEconomy

Pakistan's federal government debt has increased by Rs 4,304 billion in the first eight months of the current fiscal year, reaching a total of Rs 69.114 trillion by October, compared to Rs 64.810 trillion in February, according to official documents. During this period, domestic debt rose by Rs 4,556 billion, while foreign debt decreased by Rs 251 billion. As of October, domestic debt stood at Rs 47.231 trillion, up from Rs 42.675 trillion in February, and foreign debt declined to Rs 21.884 trillion from Rs 22.134 trillion. In October, Pakistan’s central government debt hit a record high of Rs 70,362 billion, the highest in the country's history. The rapid rise in debt highlights ongoing fiscal challenges for Pakistan's economy. #PakistanDebt #EconomicCrisis #DebtSurge #Finance #PakistanEconomy

According to the Ministry of Finance, the average debt per citizen in Pakistan has reached PKR 295,000, reflecting the ongoing financial challenges the country faces. This significant increase in debt underscores the impact of successive governments' reliance on borrowing to run state affairs. Pakistan's total debt has surged by PKR 8.36 trillion, reaching PKR 71.24 trillion. This is a substantial rise from the previous fiscal year's total of PKR 62.88 trillion, now equivalent to 67.2% of the country's Gross Domestic Product (GDP). The domestic debt has increased by PKR 8.35 trillion, totaling PKR 47.16 trillion, while Pakistan's external debt now stands at PKR 33.06 trillion. Notably, the net government external debt has reached PKR 21.75 trillion. . . . #PakistanDebt #EconomicChallenges #MinistryOfFinance #NationalDebt #dailydawns

Pakistan's total federal debt surpassed Rs 70 trillion, driven by substantial borrowing to cover the fiscal deficit, according to the State Bank of Pakistan (SBP). In just two months of FY2024-25, the government’s debt rose by 2.1%, reaching Rs 70.362 trillion, an increase of Rs 1.448 trillion. This surge was primarily due to a significant rise in domestic debt, which grew by Rs 1.179 trillion, bringing the total domestic debt to Rs 48.34 trillion. Meanwhile, external debt increased modestly by 1.2% to Rs 22.023 trillion, aided by a slight strengthening of the rupee. This highlights the ongoing challenges in managing fiscal health amid rising expenditures and slower revenue collection. #UpdatesByROW #Updates2024 #PakistanEconomy #FederalDebt #FiscalDeficit

Pakistan's federal government debt increased by Rs 4,304 billion during the first eight months of the current fiscal year, taking the total to Rs 69.114 trillion in October. This is compared to Rs 64.810 trillion at the end of February, as shown in official documents. In this period, domestic debt rose by Rs 4,556 billion and foreign debt fell by Rs 251 billion. As of October, domestic debt was Rs 47.231 trillion, up from Rs 42.675 trillion in February, while foreign debt slightly decreased to Rs 21.884 trillion from Rs 22.134 trillion. Pakistan's central government debt reached a record high of Rs 70,362 billion in October, which is a new milestone in the fiscal history of the country. The sharp rise in Pakistan's debt underscores the continuity of fiscal challenges in this economy, which raises a fair amount of concern about its financial and sustainability going forward. . . . #PakistanDebt #EconomicCrisis #DebtSurge #Finance #PakistanEconomy #FiscalChallenges #DebtCrisis #NationalDebt #EconomicGrowth #GovernmentDebt #FinancialStability #PakistanFinance #DebtManagement #PakistanHistory #EconomicRecovery #Tribunetrends

The Debt Policy Statement presented in January 2024 reveals an increase in Pakistan's public debt by the end of September 2023. External debt rose to $86.36 billion, up from $84.1 billion in June, while domestic debt increased to Rs39.7 trillion from Rs38.81 trillion. Approximately 58% of the federal fiscal deficit was financed domestically, with the remaining 42% sourced externally. Significant shifts include the retirement of Rs452 billion in short-term debt and the issuance of Rs2.2 trillion in Pakistan Investment Bonds. In the fiscal year 2023, Pakistan received $9.889 billion in disbursements against $14.73 billion in repayments, with major inflows from the Asian Development Bank, World Bank, and IMF. #pakistan #debt #adb #wb #imf

Pakistan's government debt increased by Rs1.5 trillion, reaching Rs70.4 trillion in the first two months of FY25, mainly due to higher debt servicing obligations. Domestic debt rose 2.5%, totaling Rs48.3 trillion, while external debt increased by 1.2% to Rs22 trillion. Despite the rise in debt, the debt-to-GDP ratio improved to 66.5% from 76.2% due to nominal GDP growth and rupee appreciation. The government has begun repurchasing its securities, reducing borrowing costs and easing future debt obligations. Analysts view this strategy as prudent for managing debt and saving interest costs. Credit: The News https://lnkd.in/dB6bW2VY #PakistanDebtCrisis #FiscalChallenges2025 #DebtSurge70Trillion #EconomicBurdenPK #BudgetPressurePK #DebtManagementStrategies #DomesticDebtRising #FinancialOutlookPakistan #IMFRelief2025 #TBillBuyback