Public debt climbs 4.28% in July-Feb FY2021

Pakistan’s public debt has increased by PKR 1.51Tn or 4.28% in 8MFY21 amid increase in govt. borrowing to plug budget deficit gap. Public debt stood at PKR 36.61Tn at end of Feb’21, compared to PKR 33.42Tn at the end of Feb’20. Within domestic debt, long-term debt rose 9.88% to PKR 19.45Tn, however, short-term debt fell 4.51% to PKR 5.33Tn.

6/4/2021