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Pakistan’s Debt Did Not Double: Adviser

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Legal Editorial Desk
Pakistan’s Debt Did Not Double: Adviser
Pakistan’s central government debt stood at Rs. 80 trillion as of June 2025, but claims that the debt “doubled in three years” are inaccurate, Khurram Schehzad, adviser to the finance minister, said, citing official data and recent fiscal trends. Addressing posts circulating on social media, the adviser said the error stems from using Rs. 43 trillion as the FY22 baseline instead of the actual Rs. 49 trillion. Between FY22 and FY25, debt rose by Rs. 31 trillion to Rs. 80 trillion, not a doubling, the adviser noted. Key points presented by the adviser With international rating upgrades, a steadier currency, and ongoing consolidation, the adviser said FY26 is expected to bring further moderation in debt growth and gradual fiscal improvement. No independent verification of the figures was immediately available.
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Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

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