Pakistan's Public Debt Surges 76% to Rs86.7 Trillion in Four Years, Government Plans Additional Borrowing

Pakistan's total public debt has increased by 76% since June 2022, reaching Rs86.7 trillion by the end of June 2026. The Ministry of Finance announced plans to borrow an additional Rs6.86 trillion to finance the budget deficit for the current fiscal year, with gross financing needs projected at Rs28.65 trillion. The government aims to reduce reliance on short-term treasury bills and increase issuances of medium- to longer-term Pakistan Investment Bonds.