Pakistan’s outstanding debt soars to Rs25.19tn in August

News Image

MG News | September 21, 2021 at 04:24 PM GMT+05:00

0:00

September 21, 2021 (MLN): Pakistan's outstanding debts as of August 31, 2021 stand at a whopping sum of Rs.25.19 trillion whereas total debt at the end of the prior month was Rs.24.99 trillion, meaning that around Rs201.635 billion was added during this month alone.

As compared to the same period last year when outstanding credit was Rs22.67 trillion, the current debt position is Rs.2.52 trillion higher this time around, marking a year-on-year expansion of 11 percent.

The total outstanding credit is branched into the amount accumulated by the government sector and that accumulated by the non-government sector. Out of the total outstanding loan, credit given to the government sector accounts for Rs.16.55 trillion while credit to non-government sectors accounts for Rs.8.65 trillion.

Credit to Government Sector:

The State Bank of Pakistan’s net credit to the government sector amounts to Rs5.2trillion which includes investments in government securities and government deposits, and other direct loans. During July’21 it was Rs4.84trillion, this shows that Rs371.84billion was added in a month.

Meanwhile, the second-largest source of financing for the sector, the Scheduled Bank's net credit adds up to Rs.11.34 trillion which is 2% or Rs222.96 billion lower than the outstanding credit at the end of July 2021, thus indicating that the sector retired loan during the period.

Credit to Non-Government Sector:

The State Bank’s claim to outstanding credit of this particular sector is comparatively negligible (only Rs.29.9 billion), while on the b-side, scheduled banks have a claim to up to Rs.8.6 trillion as of the end of this month.

At the end of the previous month (July 2021), the outstanding amount owed to these banks was Rs.8.56 trillion indicating that Rs52.7 billion was added during the month.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25


July 11, 2025 at 04:19 PM GMT+05:00

Ideal Spinning Mills to exit spinning business



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg