Pakistan Turns To Fresh Borrowing As Public Debt Climbs To Record Levels

Pakistan is preparing to increase borrowing during fiscal year 2026-27 as the government seeks to finance its budget deficit amid a sharp rise in public debt over recent years.Under the Ministry of Finance’s Annual Borrowing Plan 2027, Islamabad intends to borrow approximately PKR 6.86 trillion during the current fiscal year to support government spending and cover the fiscal gap.The borrowing
Pakistan is preparing to increase borrowing during fiscal year 2026-27 as the government seeks to finance its budget deficit amid a sharp rise in public debt over recent years.Under the Ministry of Finance’s Annual Borrowing Plan 2027, Islamabad intends to borrow approximately PKR 6.86 trillion during the current fiscal year to support government spending and cover the fiscal gap.The borrowing
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