Govt domestic debt, liabilities rise 10% YoY to Rs58tr in April

June 09, 2026 (MLN): The total government domestic debt and liabilities have increased by 10.37% to Rs58.22 trillion in April 2026, compared to Rs52.74tr in April 2025, the latest data released by the State Bank of Pakistan (SBP) showed.

On a sequential basis, domestic debt and liabilities have risen by 0.9% compared to Rs57.69tr in March 2026.

According to details provided by the State Bank of Pakistan (SBP), the larger portion of the debt was permanent debt, which totaled Rs43.85tr, signifying a growth of 6.52% YoY.

This comprised Rs42.94tr in federal government bonds, Rs475bn in SBP's on-lending to the government of Pakistan against SDRs allocation, Rs429bn worth of prize bonds, and the remaining Rs3bn in market loans.

The floating debt rose by 26.8% in April to Rs10.56tr compared toRs8.33tr in the same period last year.

Market Treasury Bills comprised the major proportion of the total floating debt, and stood at Rs10.43tr in April 2026.

Similarly, the government's unfunded debt increased by 9.21% YoY to Rs3.24tr in April 2026, primarily due to a significant rise of 9.72% YoY in saving schemes, which amounted to Rs3.17tr compared to Rs2.89tr in the SPLY.

Foreign currency loans increased significantly as they clocked in at Rs391bn in April 2026, compared to Rs12bn in April 2025.

Borrowing through Naya Pakistan Certificates  reduced by 3.23% YoY to Rs60bn in April 2026.

Moving forward, domestic liabilities of the government dropped by 42.73% YoY and were reported at Rs126bn in the review month.

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