ISLAMABAD, March 29: Despite a 10% increase in total public debt, reaching Rs74.103 trillion by December 2024, the government has asserted that debt risks are declining and economic indicators are improving.
In its latest Debt Bulletin released on Friday, the Ministry of Finance (MoF) reported that total public debt had risen by Rs6.683 trillion from Rs67.330 trillion in the same period last year.
Economic Stability & Debt Sustainability
The MoF attributed the improved debt outlook to economic stabilization and fiscal consolidation during the first half of the 2024-25 fiscal year (1HFY25).
It highlighted that the public debt stock had grown by 3.9% in 1HFY25, a slower increase compared to 7% in the same period last year.
Key factors contributing to debt stabilization include:
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Federal primary surplus – indicating controlled spending
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Stable exchange rate – reducing currency-related debt burdens
The government remains optimistic that these trends will lead to greater fiscal sustainability and reduced economic risks moving forward.
Read More: Pakistan’s Public Debt Surpasses Sustainable Limit