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Record surge in govt debt in two years of current government: full details unveiled

ISLAMABAD: The full details of the loans incurred by the government during its initial two years have been disclosed.

According to official records from the State Bank of Pakistan, the federal debt saw an unprecedented rise of Rs. 15,072 billion (15.072 trillion) over this period.

Data from the central bank indicates that this sharp increase took place between March 2024 and February 2026. On a daily average, the government’s debt grew by roughly Rs. 21 billion during this two-year timeframe.

The figures reveal that, within this period, domestic debt expanded by Rs. 14,400 billion (14.4 trillion), while foreign debt increased by Rs. 1,068 billion (1.068 trillion). As a result, the total federal government debt reached Rs. 79,882 billion (79.882 trillion) by February 2026.

At the close of the caretaker government in February 2024, the total debt stood at Rs. 64,810 billion (64.81 trillion).