Pakistan’s federal government debt surged to a record Rs 73,688 billion by the end of March 2025, marking a 0.9% monthly and a massive 12.7% annual increase, according to the latest data released by the State Bank of Pakistan. In just one month, the government added Rs 652 billion to its debt burden.
Gaza faces 'critical risk of famine': UN reportPakistan’s federal government debt surged to a record Rs 73,688 billion by the end of March 2025, marking a 0.9% monthly and a massive 12.7% annual increase, according to the latest data released by the State Bank of Pakistan.
In just one month, the government added Rs 652 billion to its debt burden. Compared to the previous year—March 2024, when the total debt stood at Rs 65,374 billion—the increase amounts to a staggering Rs 8,314 billion, setting a new high in the country’s fiscal history. A deeper dive into the figures reveals that the government’s domestic debt has been the primary driver of this surge. Local borrowing rose by 1% month-on-month and 18.6% year-on-year, reaching Rs 51,518 billion in March 2025—up from Rs 43,432 billion in the same month last year. Meanwhile, external debt also edged upward, albeit at a slower pace. It grew by 0.7% on a monthly basis and 1% annually, totaling Rs 22,170 billion in March 2025, compared to Rs 21,942 billion in March 2024.Hassam Nawaz RanjhaChinese Foreign Minister Wang Yi said Saturday that Beijing supported India and Pakistan's efforts to reach a ceasefire, and remains"willing to ...Posted 02:59 PM, 12 May, 2025
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
James Gunn’s Superman soars with new behind-the-scenes look ahead of July 11 releaseJames Gunn’s Superman soars with new behind-the-scenes look ahead of July 11 release
Read more »
Gold soars to record high on trade war concernsGold soars to record high on trade war concerns
Read more »
World Bank chief economist sounds alarm on emerging market debt issues, urges liberalizationWorld Bank chief economist sounds alarm on emerging market debt issues, urges liberalization
Read more »
Power sector’s circular debt drops by RS283 billion in 13 monthsThe power sector’s circular debt has shrunk by Rs 283 billion during the first 13 months of the current government’s tenure, official documents from the Power Division revealed Monday.
Read more »
Barrister Saif terms fuel price cut 'too little, too late'Petrol was Rs 150 per litre during Imran Khan's government
Read more »
PSX soars to record high as ceasefire spurs market optimismPSX soars to record high as ceasefire spurs market optimism
Read more »