Amid Worsening Economic Crisis, Pakistan’s Debt Surges By PKR 4,304 Billion

Pakistan’s economic situation has significantly deteriorated, marked by a substantial increase in government debt. In the first eight months of the current fiscal year, the federal government’s debt surged by PKR 4,304 billion (PKR 36,548 Crores), bringing the total to PKR 69.114 trillion as of October 2024. This rise is attributed mainly to domestic borrowing, which increased by PKR 4,556
Pakistan’s economic situation has significantly deteriorated, marked by a substantial increase in government debt. In the first eight months of the current fiscal year, the federal government’s debt surged by PKR 4,304 billion (PKR 36,548 Crores), bringing the total to PKR 69.114 trillion as of October 2024. This rise is attributed mainly to domestic borrowing, which increased by PKR 4,556
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