Govt domestic debt, liabilities rise 8.5% YoY in August

Domestic debt and liabilities owed by the government rose 8.5% year on year to Rs58.89 trillion in August 2026, up from Rs54.28 trillion in August 2025, according to data released by the State Bank of Pakistan (SBP) and reported by Mettis Link News. On a monthly basis the total eased 0.87% from Rs59.41 trillion in July 2026. Permanent debt made up most of the stock, reaching Rs44.73 trillion, a 6.79% annual increase.

Permanent debt of Rs44.73 trillion was made up of Rs43.82 trillion in bonds issued by the federal government, Rs474.94 billion of SBP on-lending against SDR allocation, Rs437.2 billion in prize bonds and Rs2.8 billion in market loans. Floating debt climbed 22.08% to Rs10.56 trillion from Rs8.65 trillion a year earlier, and market Treasury Bills made up Rs10.43 trillion of that total.

Unfunded debt rose 8.88% year on year to Rs3.36 trillion, mainly because saving schemes grew 9.32% to Rs3.29 trillion from Rs3.01 trillion. Foreign currency loans fell to Rs11.7 billion from Rs379.5 billion, while Naya Pakistan Certificates rose 34.04% year on year to Rs88.2 billion, up 7.04% from Rs82.4 billion in July. Domestic liabilities of the government fell 34.45% year on year to Rs132.6 billion in August.