Govt domestic debt, liabilities rise 9% YoY in June

Mettis Global reported, citing State Bank of Pakistan data, that government domestic debt and liabilities stood at Rs59.57 trillion in June 2026, up 8.93 per cent from Rs54.69 trillion a year earlier. On a monthly basis, the total rose 2.28 per cent from Rs58.24 trillion in May 2026. Permanent debt made up the larger share at Rs44.77 trillion, growing 5.96 per cent year on year.

Federal government bonds accounted for Rs43.86 trillion of that permanent debt, alongside Rs431.7 billion in prize bonds and Rs474.94 billion of SBP on-lending against SDR allocations. Floating debt climbed 24.8 per cent to Rs10.93 trillion, with market Treasury Bills accounting for Rs10.8 trillion. Unfunded debt rose 8.7 per cent to Rs3.28 trillion, mainly because savings schemes grew 9.12 per cent to Rs3.21 trillion.

Foreign currency loans reached Rs392.7 billion in June 2026, compared with Rs380.4 billion a year earlier. Naya Pakistan Certificate borrowing rose 8.24 per cent year on year to Rs67 billion, but dropped 11.96 per cent from Rs76.1 billion in May. Domestic liabilities of the government fell 39.12 per cent year on year to Rs131.5 billion.