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Pakistan’s Federal Government Debt Hits Historic High of Rs76 Trillion

Pakistan’s federal government debt has reached an all-time high, according to the latest data released by the State Bank of Pakistan (SBP). As of May 2025, the central government’s total debt stood at a record Rs76.045 trillion.

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The SBP documents reveal that between June 2024 and May 2025, the federal government’s debt surged by Rs8.312 trillion. During the first eleven months of the fiscal year 2024-25 (July 2024 to May 2025), the debt rose by Rs7.131 trillion.

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Furthermore, in just one month — from April to May 2025 — the government’s debt increased by Rs1.109 trillion.

Out of the total, domestic debt accounted for Rs53.460 trillion, while external debt amounted to Rs22.585 trillion.

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Economic analysts warn that this sharp rise in public debt could pose serious challenges for Pakistan’s fiscal stability and long-term economic planning.

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