Karachi May 19 2022: As the per the data released by the State Bank of Pakistan (SBP) the government’s domestic and external debt stood at PKR 42,995 billion as of March 2022 compared to PKR 42,761 billion as February 2022.
Despite the socio economic challenges post COVID-19, Pakistan’s Debt to GDP ratio has declined to 64.22 percent (PKR 40,995 billion) as of March 2022 compared to 73.88 percent (PKR 35,107 billion) as June 2020.
The external debt of the country has increased by 32.1 percent YoY to PKR 14,919 billion as of March 2022. While in percent of GDP external debt has declined to 22.28 percent as of March 2022 compared to 24.88 percent in June 2020.
The central Govt. domestic debt also increased by 9.9 percent YoY to PKR 28,076 billion. In percent of GDP, domestic debt also declines to 41.94 percent compared to 48.99 percent back in June 2020.
