Karachi: The State Bank of Pakistan (SBP) has released data on the country’s debt and liabilities up to December 2024, highlighting a significant rise in the nation's financial obligations.
According to report, Pakistan's total debt and liabilities surged by PKR 6,106 billion in one year, reaching a record high of over PKR 88 trillion. The report further reveals that during the first half of the current fiscal year, from July to December 2024, debt and liabilities increased by PKR 2,555 billion.
The SBP document provides a detailed breakdown of the country's debt profile. As of December 2024, Pakistan’s domestic debt stood at PKR 49,883 billion, while external debt and liabilities reached PKR 36,512 billion. Additionally, foreign liabilities were recorded at PKR 3,262 billion.
The data also offers a comparative view of the debt situation over time. By December 2023, Pakistan’s total debt and liabilities amounted to PKR 81,904 billion. The figure rose to PKR 85,455 billion by June 2024, before surpassing PKR 88 trillion by the end of December 2024.
