ISLAMABAD: The federal government’s debt increased by Rs18.8 trillion during the first 28 months of its tenure, according to State Bank of Pakistan (SBP) data.
The SBP’s documents showed that between March 2024 and June 2026, the federal government’s domestic debt rose by Rs16,766 billion, while its external debt increased by Rs2,066 billion.
The increase amounts to an average rise of more than Rs22.4 billion in the government’s debt every day during the 28-month period.
According to the documents, the federal government’s total debt stood at Rs64,810 billion in February 2024, the final month of the caretaker government. Following the increase over the subsequent 28 months, the debt reached Rs83,642 billion by June 2026.
The SBP data showed that the federal government’s domestic debt stood at Rs42,675 billion in February 2024 but had risen to Rs59,441 billion by June 2026.
Similarly, the federal government’s external debt increased from Rs22,134 billion in February 2024 to Rs24,201 billion by June 2026.
