Govt borrows Rs231bn debt in a week

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MG News | May 12, 2026 at 10:01 AM GMT+05:00

May 12, 2026 (MLN): The government of Pakistan has acquired an additional debt of Rs231.03 billion during the week ended May 01, 2026, which brings its total net borrowing for ongoing fiscal year 2026 to Rs884.5bn, according to the central bank's weekly estimates. 

The government sector borrowings are divided into three broad categories based on the purpose of loan which are budgetary support, commodity operations, and others.

Split three ways between these broad categories, the weekly net borrowing for budgetary support was Rs229.61bn, while the borrowing for commodity operations stood at Rs1.58bn.

Meanwhile, a total of Rs152m was retired off others during the week.

Accordingly, this takes the cumulative borrowing for the current fiscal year 2026 to Rs938.12bn for budgetary support, Rs50.05bn retirement off Commodity Operations, and Rs3.58bn retirement off others.

The two biggest sources of financing for budgetary support are the State Bank of Pakistan and the scheduled banks.

This fiscal year, the government has paid off a net sum of Rs2.27 trillion to the central bank, out of which the Federal Government retired Rs2.32 trillion whereas, the Provincial Government borrowed Rs129.07bn, AJK Government retired Rs37.97bn, and the GB Government retired Rs35.99bn.

On the other hand, the government has lent out a net total of Rs3.21tr to scheduled banks. Out of this amount, the Federal Government borrowed Rs3.45tr while the Provincial Government retired Rs246.69bn.

Copyright Mettis Link News

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