Pakistan’s Central Govt Debt Edges Close to Rs. 74 Trillion

The total public debt stock of the federal government increased by 12.7 percent on a year-on-year (YoY) basis in March 2025 as compared to the same month last year. According to the monthly data issued by the State Bank of Pakistan (SBP), the debt stock increased to Rs. 73.69 trillion in March 2025 as compared to Rs. 65.38 trillion in March 2024. On a month-on-month basis, the total public debt stock of the federal government increased by 0.9 percent compared to Rs. 73.036 billion in February 2025. The data shows that the domestic debt of the central government increased by 18.6 percent from Rs. 43.437 trillion in March 2024 to Rs. 51.518 trillion in March 2025 while it increased by 1 percent over the previous month. Out of total domestic debt, the long-term public debt increased by 25.1 percent from Rs. 34.851 trillion in March 2024 to Rs. 43.595 trillion in March 2025. The stock of short-term debt decreased by 7.4 percent from Rs. 8.492 trillion to Rs. 7.860 trillion during the last year.