The State Bank of Pakistan (SBP) releases provisional data on Pakistan’sgross debt.
According to the State Bank of Pakistan, by August 2020, the total debt ofthe federal government was Rs 35,659 billion, whereas, the total debt ofPakistan was Rs 32,240 billion in the same month back in 2019.
According to statistics, Pakistan’s total debt has increased by Rs 3,419billion in the last one year while Pakistan’s domestic debt consisting ofboth Long Term and Short Term has reached Rs23,535 billion. As of August2019, Pakistan’s domestic debt was Rs 21,495 billion.
Read Top Stories
It may be recalled that in the last one year, Pakistan’s domestic debt hasincreased by Rs 2,040 billion. Meanwhile, Pakistan’s external debt hasreached Rs 12,123 billion in August 2020, as compared to Rs 10,745 billionin the same month last year, showing an increase of Rs 1,348 billion.
