Islamabad October 06 2021: Overall country’s Debt has increased in line with fiscal deficit. However, the positive development is Pakistan’s total debt to GDP has decreased to 83.50% of GDP on 30th June 2021 from 87.6% on 30th June 2020.
Both domestic and external debts have depicted a downward trend from last year. The domestic debt declined to 55.1% of GDP from 56% last year. Similarly, external debt to GDP recorded at 28.5% of GDP from 31.6% last year. It is pertinent to mention that the best way to evaluate debt trend is through debt to GDP measure.
