Tag Archives: Fiscal Risks

Pakistan’s Debt Situation: A Deep Dive into the Finance Ministry’s Report

As of June 2024, Pakistan’s public and publicly guaranteed debt has soared to an unprecedented Rs74.6 trillion. This dramatic increase of Rs8.2 trillion, or 12.3%, from the previous fiscal year has pushed the debt-to-GDP ratio to a concerning 70.5%. This figure significantly surpasses the statutory limit of 57.5% set by the Debt Limitation Act, signaling potential trouble for the nation’s …

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