Islamabad, Pakistan – Web Desk: Pakistan’s federal government debt has recorded a historic surge during its first two years in office, according to official data released by the State Bank of Pakistan.
Documents show that total public debt increased by Rs15.072 trillion between March 2024 and February 2026, marking one of the sharpest rises in the country’s financial history. The figures indicate an average daily increase of approximately Rs21 billion, highlighting mounting fiscal pressure amid ongoing economic challenges.
A breakdown of the data reveals that domestic debt rose by Rs14.004 trillion, while external debt increased by Rs1.068 trillion over the same period. As a result, Pakistan’s total federal debt reached Rs79.882 trillion by February 2026.
For comparison, the country’s total debt stood at Rs64.810 trillion in February 2024, the final month of the caretaker government. Analysts say the sharp rise reflects continued borrowing to bridge fiscal deficits, service existing liabilities, and stabilize the economy amid inflation and global financial pressures.
The latest figures come as Pakistan faces ongoing economic reforms, debt management challenges, and negotiations with international financial institutions, making debt sustainability a key concern for policymakers and investors.
