Pakistan’s debt-to-GDP ratio has decreased to 65.7 percent as of September 2024, reaching its lowest point since June 2018. This improvement reflects a positive shift in the country’s fiscal health.
According to Arif Habib Limited (AHL), a prominent brokerage house, the domestic debt-to-GDP ratio is currently at 43.1 percent, while the external debt-to-GDP ratio stands at 22.7 percent. These figures indicate a balanced distribution between domestic and external debt obligations.
The State Bank of Pakistan (SBP) released its monthly data, revealing that the total public debt stock of the federal government was Rs. 69.570 trillion in September 2024. This represents a 1.1 percent decrease compared to the previous month, highlighting ongoing efforts to manage and reduce the national debt burden.
