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Debt trajectory ‘more sustainable than headline figures’: finance ministry
The country’s debt trajectory “is more sustainable today than suggested by headline rupee figures”, the finance ministry said in a statement on Tuesday, citing its continued focus on debt-to-GDP reduction, early repayments, lower interest costs and a stronger external account.
It asserted that it continued to centre its debt management strategy on aligning public debt-to-GDP ratio to the Debt Limitation Act, which provides for the reduction of federal fiscal deficit and debt-to-GDP ratio to a prudent level by effective public debt management. Moreover, the strategy considered “minimising refinancing and rollover risks while generating interest savings to support sustainable public finances”, the ministry said.
According to latest data from the State Bank of Pakistan (SBP), the country’s total government debt has increased by Rs9 trillion in just one year up to June 2025, with domestic debt representing the majority of this increase.
As per SBP, the total government debt increased from Rs68.91 trillion in June 2024 to Rs77.89tr by June 2025, marking a rise of Rs8.97tr. This figure........
© Dawn Business
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