EPBD report reveals each Pakistani owes Rs318,252 in debt
- 26-Sep-2025
ISLAMABAD: The Economic Policy and Business Development (EPBD) has released a report highlighting the sharp rise in Pakistan’s debt burden, warning that the country is now caught in a dangerous debt trap. According to EPBD report, every Pakistani now carries a debt of Rs318,252, compared to Rs90,047 just a decade ago — more than a […]
Pakistan pays off debt worth Rs500b owed to SBP
- 08-Jul-2025
ISLAMABAD: Pakistan has achieved a significant fiscal milestone by successfully retiring 500 billion rupees in debt owed to the State Bank of Pakistan, four years ahead of its scheduled maturity in 2029 This was shared by Advisor to Finance Minister Khurram Schehzad in a post on social media platform X. The post said that the […]
Pakistan’s debt burden: Every citizen now owes Rs 295,000
- 20-Sep-2024
ISLAMABAD: Every Pakistani now owes PKR 295,000 to national and international institutions, a courtesy to successive governments’ habit of running the state business on debt. The average debt per citizen in Pakistan has reached PKR 295,000, according to the Ministry of Finance. This significant increase in debt highlights the growing financial challenges facing the country. […]
Pakistan exploring debt for nature swaps with global agencies: Shamshad Akhtar
- 24-Nov-2023
ISLAMABAD: Caretaker Minister for Finance, Revenue and Economic Affairs, Dr Shamshad Akhtar, said that amid growing international fiscal constraints, the country is exploring debt-for-nature-swap with global agencies to enhance its market competitiveness as foreign direct investment is harder to fetch in these testing times. She was speaking at a high-level plenary titled: “Reforms for a […]
‘Pakistan’s debt burden mounts to Rs 63.966 bln’
- 06-Nov-2023
ISLAMABAD: Pakistan’s International debt burden continued to rise and reached a whopping Rs 63,966 billion, at the end of August in FY2023-34, ARY News reported on Monday, citing sources. Sources stated that a briefing session related to the country’s debt was held, during which it was revealed that the foreign debt had surged to $24,174 […]
Pakistan’s total debt rises to Rs54.94 trillion in Jan 2023: SBP
- 08-Mar-2023
Pakistan’s economic crisis is getting worse with every passing day, as the latest report issued by the State Bank of Pakistan stated that the country’s overall debt rose sharply by 38.1% to Rs54.94 trillion by the end of January 2023 as compared to the year-ago period. According to the report released by the State Bank […]