Central govt debt rises by 7% YoY to Rs84tr in June

Central government debt reached Rs83.64 trillion at the end of June 2026, up 7.39 per cent year on year from Rs77.89 trillion in June 2025, according to Mettis Global, which cited State Bank of Pakistan data. On a monthly basis the total climbed 2.06 per cent from Rs81.96 trillion in May. The publisher linked the annual rise mainly to funding the fiscal deficit through domestic and foreign loans.

Domestic debt accounted for Rs59.44 trillion of the total, made up of Rs48.45 trillion in long-term instruments, Rs10.93 trillion in short-term instruments and Rs67 billion through Naya Pakistan Certificates. Pakistan Investment Bonds made up Rs35.3 trillion of the long-term portion, while Market Treasury Bills stood at Rs10.8 trillion of the short-term portion. External debt comprised about Rs21.47 trillion in long-term loans and Rs2.73 trillion in short-term loans.

Borrowing through Naya Pakistan Certificates fell 11.84 per cent in June from Rs76 billion in May, though it was 8.24 per cent higher than a year earlier. Domestic debt was 9.12 per cent higher year on year and rose 2.29 per cent on a sequential basis.