The International Monetary Fund (IMF) has raised concerns over Pakistan’s rising debt burden, warning that the country’s repayment capacity could come under increasing strain in the coming years.

According to IMF projections, Pakistan’s debt-to-GDP ratio is expected to remain above 67% next year and could climb close to 73% by FY27. The figure remains significantly higher than the 60% legal ceiling set under national fiscal rules, highlighting continued pressure on public finances.

Official records show that Pakistan’s current total debt already stands at 72.8% of GDP. The IMF notes that this elevated level leaves limited room for fiscal flexibility and increases exposure to economic and external shocks.

The Fund further cautioned that Pakistan’s ability to service and repay its debt remains heavily dependent on continued external financing flows and the pace of structural economic reforms. It warned that without sustained fiscal adjustment, repayment risks could intensify and place further strain on macroeconomic stability.