In April 2024, the total public debt of the federal government surged by 12.8 percent compared to the same month in the previous year, as per the monthly report from the State Bank of Pakistan (SBP). The debt stock rose to Rs. 66.083 trillion from Rs. 58.599 trillion in April 2023, marking an increase of Rs. 7.484 trillion.
On a month-on-month basis, there was a 1.1 percent increase in the total public debt, which reached Rs. 65.374 trillion in March 2024.
The data further reveals that the domestic debt of the central government saw a significant increase of 21.7 percent, rising from Rs. 36.549 trillion in April 2023 to Rs. 44.482 trillion in April 2024. Within the domestic debt, the long-term public debt increased from Rs. 29.195 trillion to Rs. 35.223 trillion, while the short-term debt rose from Rs. 7.215 trillion to Rs. 9.166 trillion over the past year.
