Islamabad, July 5, 2025: The overall debt of the federal government increased by 12.3% YoY to Rs76.05 trillion in May 2025, compared to Rs67.73tr in May 2024, the data released by the State Bank of Pakistan (SBP) showed.
Additionally, on a monthly comparison, the central government public debt rose by 1.5% MoM compared to Rs74.94tr in April 2025.
The numbers issued by SBP for domestic debt depicted an increase of 15.9% on a year-over-year basis, while on a monthly scale, it witnessed a rise of 1.78%.
The year-on-year rise in debt burden is mainly because of borrowing from domestic and foreign sources to cover the budget shortfall.
By May 2025’s end, the government’s long-term domestic debt escalated by 23.95% YoY to Rs45.26 trillion, compared to Rs36.52 trillion in the same month last year, also marking a 2.55% MoM rise.
Out of total domestic debt, 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.
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.
Conversely, the short-term debt fell by -14.56% YoY to Rs8.14tr in the review month.
