Pakistan’s debt-to-GDP ratio estimated at 68.5% by June 2026, NA told

Finance Minister Muhammad Aurangzeb told the National Assembly that central government debt, leaving out IMF loans, reached Rs77.9 trillion in the first 11 months of FY2025-26. Responding to a written question from MNA Shahida Begum, he put domestic debt at Rs54.5 trillion and external debt at Rs23.4 trillion. Profit by Pakistan Today reported that the debt-to-GDP ratio is projected to reach 68.5% by June 2026.

The Finance Ministry said government debt rose by Rs4 trillion over the 11-month period, which it called the slowest such increase in 15 years. It credited the moderation to greater use of longer-tenor borrowing and improved macroeconomic stability, while interest payments for the first nine months fell 23% to Rs4.9 trillion from Rs6.4 trillion a year earlier.

Separately, Commerce Minister Jam Kamal Khan told the house that exports slipped to $30.1 billion in FY2025-26 from $32 billion a year earlier, while imports climbed to $69.6 billion. Textile exports, answering a question from MNA Sehr Kamran, rose to $17.94 billion over the latest three fiscal years, up from $16.65 billion at the start of that period.