Govt borrows Rs317bn debt in a week
MG News | March 16, 2026 at 03:48 PM GMT+05:00
March 16, 2026 (MLN): The government of Pakistan has acquired an additional debt of Rs317.37 billion during the week ended March 06, 2026, which brings its total net borrowing for ongoing fiscal year 2026 to Rs627.49bn, 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 Rs323.78bn, while the retirement off commodity operations stood at Rs5.9bn.
Meanwhile, a total of Rs518m was retired off others during the week.
Accordingly, this takes the cumulative borrowing for the current fiscal year 2026 to Rs660.6bn for budgetary support, Rs32.95bn retirement off Commodity Operations, and Rs0.15bn 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 Rs1.46 trillion to the central bank, out of which the Federal Government retired Rs1.48 trillion whereas, the Provincial Government borrowed Rs95.88bn, AJK Government retired Rs39.75bn, and the GB Government retired Rs33.3bn.
On the other hand, the government has lent out a net total of Rs2.12tr to scheduled banks. Out of this amount, the Federal Government borrowed Rs2.36tr while the Provincial Government retired Rs240.25bn.
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