Public debt

Calls public debt unsustainable which is at heart of economic challenges

Expenditures raise overall debt to Rs63.4tr, with interest payments soaring

Successive governments have been unable to bring these numbers down to sustainable levels

Shaukat Tarin says debt not good but necessary to fund high fiscal deficit

Pakistan expects to get $3.1b from IMF in next fiscal year

Govt under pressure to reduce dependence on short-term debt

Government will indeed think out of the box in order to get out of this debt trap

The PTI government has now added over Rs10.2 trillion to the public debt since coming to power

IMF says balance of payments situation may worsen due to economic shocks

Amount includes $23b principal loans, another $4.6b on account of interest payments

Even more appalling is theSBP’s forecast that the govt is on track to double the public debt by the end of its term

Government adds nearly Rs6tr in one year and situation is likely to worsen

Pakistan’s debt and liabilities increased only 2% to Rs41tr in Jul-Dec 2019

Finance ministry says other factors to blame for 40% increase in debt

Government presents new debt policy statement in parliament

Govt added Rs5.7tr in one year as revenues fell short of expenditures

High debt a hurdle in achieving goals but govt hopes it will make progress

Overall, domestic debt has increased to Rs20.7 trillion, or 26.3% more than the previous fiscal year

Debt addition in PTI’s first year equal to 66% of borrowing made by PML-N in five years

Spends Rs2.91tr on public debt retirement in outgoing fiscal year

Major increase of Rs1.2tr in public debt came from 44% rupee depreciation

Unless structural reforms are undertaken, the debt cycle will perpetuate

Watered down version of public debt management risk report released

Addition to budget deficit is twice what was reported in first quarter

Fears publication may expose worsening debt indicators

Economic growth has not matched debt growth, but gap has narrowed

Says the government move would understate the debt by over Rs3 trillion

Borrowing spree indicates overall deficit to be more than revised target

Change in definition will wipe Rs2 trillion off government’s books

Country pays Rs1.41tr in debt servicing in Jul-Mar FY17 against annual budgeted estimate of Rs1.95tr