Central govt debt surges by 8% YoY in September

Central government debt reached Rs82.66 trillion in September 2026, up 7.9% from Rs76.61 trillion a year earlier, according to State Bank of Pakistan data reported by Mettis Global. Compared with August, however, the total edged down 0.3% from Rs82.91 trillion.

Domestic obligations made up Rs57.76 trillion, including Rs47.92 trillion in long-term debt and Rs9.77 trillion in short-term debt; Naya Pakistan Certificates accounted for the remaining Rs76 billion. Long-term domestic debt rose 6.56% year on year, while short-term borrowing climbed 16.28%. External debt comprised Rs22.39 trillion in long-term loans and Rs2.51 trillion in short-term loans. Within domestic borrowing, Pakistan Investment Bonds stood at Rs33.54 trillion, down 1.26% year on year, while Market Treasury Bills reached Rs9.64 trillion, up 16.64%.