Pakistan's total debt falls by Rs936.6 billion to Rs82.66 trillion in first quarter of FY27

Pakistan’s central government debt contracted by Rs936.6 billion in July-September FY27, reaching Rs82.658 trillion by the end of September, Profit by Pakistan Today reported, citing State Bank of Pakistan data. Domestic borrowing dropped Rs1.636 trillion to Rs57.758 trillion, while external debt rose Rs699.6 billion to Rs24.900 trillion.

Despite the quarterly decline, the debt stock was 7.9% above its September 2025 level of Rs76.608 trillion. Separately, the Ministry of Economic Affairs put external public debt at $98.075 billion at June 2026, up 6.84% year on year, and reported $14.436 billion in debt-servicing payments during FY26.

External financing receipts reached $16.16 billion in FY26, about 81% of the budgeted amount. The SBP said a worsening Middle East conflict had complicated fiscal management and stressed revenue collection, a broader tax base and reforms.