Public Debt Hits Rs. 80.5 Trillion, Each Pakistani Owes Rs. 333,000, reflecting serious fiscal stress on the national economy. The rising Pakistan national debt means the per capita debt Pakistan now equals Rs. 333,041. This burden increased due to government borrowing in Pakistan and higher interest payments in Pakistan. Exchange rate movements and debt increase also pushed liabilities higher during fiscal year 2024–25.
According to the Ministry of Finance report, the total public debt is Rs. 80.5 trillion, which grew sharply within one year. Public debt as a percentage of GDP reached 70.7 percent, but economic growth remained weak. Domestic vs external borrowing widened fiscal risks, while interest cost dynamics absorbed most government revenues. The Federal budget of Pakistan also faced pressure because development spending declined.
Fiscal deficit Pakistan stood at 6.2 percent of GDP, exceeding limits under the Fiscal Responsibility and Debt Limitation Act. Budget allocation vs actual spending showed higher defense expenditure and current expenditure growth. Development expenditure and net lending dropped, but subsidies and pensions in Pakistan stayed high. These trends reduced funds for long-term growth projects.
Revenue performance remained mixed during the year. Tax collection in Pakistan reached about 90 percent of targets, but gaps persisted. Non-tax revenue improved due to State Bank of Pakistan profits and petroleum levy collections. Provincial cash surpluses helped limit the consolidated deficit, according to National Assembly fiscal reporting.
Public Debt Hits Rs. 80.5 Trillion, Each Pakistani Owes Rs. 333,000, creating long-term challenges for households and policymakers. Rising debt affects government spendingin Pakistan and slows economic growth and debt sustainability. Experts stress reforms are vital to stabilize finances and protect future generations.
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Public debt hits Rs. 80.5 trillion, each Pakistani owes Rs. 333,000, raising concerns over fiscal deficit in Pakistan and national debt sustainability.
