Pakistan’s Government Debt Crosses Rs. 76 Trillion

The total public debt of Pakistan’s federal government has crossed Rs. 76 trillion, reflecting a significant rise on both yearly and monthly bases.

Yearly Debt Increase Over 12%

According to the latest monthly report from the State Bank of Pakistan (SBP), “the debt stock increased to Rs. 76.045 trillion in May 2025 as compared to Rs. 67.733 trillion in May 2024,” marking a 12.3% increase year-on-year.

Monthly Rise in Public Debt

On a monthly basis, the government’s total debt also rose. It climbed 1.5% in May 2025 compared to Rs. 74.936 trillion recorded in April 2025.

Domestic Debt Sees a Sharp Hike

The SBP data shows, “the domestic debt of the central government increased by 15.9 percent from Rs. 46.125 trillion in May 2024 to Rs. 53.46 trillion in May 2025,” and it went up by 1.8% from April 2025.

Long-Term Debt Surges While Short-Term Declines

The rise was largely driven by long-term borrowing. “The long-term public debt increased by 23.9 percent from Rs. 36.516 trillion in May 2024 to Rs. 45.26 trillion in May 2025.”

On the other hand, short-term borrowing saw a reduction. “The stock of short-term debt decreased by 14.6 percent from Rs. 9.522 trillion to Rs. 8.136 trillion during the last year.”