Pakistan’s Central Govt Debt Goes up by 1.8% in November 2024 

The total public debt stock of the federal government increased by 11 percent on a year-on-year (YoY) basis in November 2024 as compared to the same month of the last year.  According to the monthly data issued by the State Bank of Pakistan (SBP), the debt stock increased to Rs. 70.363 trillion in November 2024 as compared to Rs. 63.390 trillion in November 2023.  On a month-on-month basis, the total public debt stock of the federal government went up by 1.8 percent from Rs. 69.114 trillion recorded in October 2024.  The data shows that the domestic debt of the central government increased by 18.6 percent from Rs. 40.956 trillion in November 2023 to Rs. 48.585 trillion in November 2024 while going up 2.9 percent over the previous month.  Out of total domestic debt, the long-term public debt increased from Rs. 33.206 trillion to Rs. 38.968 trillion and the stock of short-term debt increased from Rs. 7.624 trillion to Rs. 9.637 trillion during the last year.