The total debt and liabilities of Pakistan have risen to Rs. 47.8 trillion.
ByFaisal Chughtai | Published date:
Pakistan's overall debt and obligations have risen to Rs. 47.829 trillion (100.3 percent of GDP) till June 2021. According to State Bank of Pakistan (SBP) records, the country's overall debt and liabilities are at Rs. 47.829 trillion, which comprises a loan of Rs. 45.546 trillion and liabilities of Rs. 2.282 trillion.
Domestic debt has risen to Rs. 26.265 trillion, up from Rs. 9.848 trillion in the previous three years. A loan of Rs. 6.891 trillion, on the other hand, was acquired between July 2018 and June 2021.
According to the records, there was a significant rise in domestic and international debts of Rs. 17.949 trillion from July 2018 to June 2021. The overall debt in June 2018 was Rs. 29.879 trillion, including Rs. 16.416 trillion in domestic debt.
The Pakistan Muslim League Nawaz administration borrowed Rs. 15.561 trillion throughout its five-year term (2013-2018). The papers also revealed that the Pakistan Peoples Party borrowed Rs. 8.2 trillion from 2008 to 2013, bringing the overall debt to Rs. 14.31 trillion.
Furthermore, Pervez Musharraf's nine-year administration contributed Rs. 3.200 trillion to the national treasury.
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