Pakistan's Debt Crisis Deepens, Breaching Legal Ceiling By ₹16.8 Trillion
Published on: Thursday 05 February 2026
Pakistan’s FY2024-25 public debt soared to 70.7% of GDP, surpassing the statutory 56% ceiling by Rs 16.8 trillion, according to the ‘Debt Policy Statement 2026’. The fiscal deficit also exceeded its limit. Half the federal budget is consumed by debt servicing, crowding out development spending and forcing higher taxes, highlighting persistent governance flaws and weak fiscal discipline.
News source: https://www.freepressjournal.in/business/pakistans-debt-crisis-deepens-breaching-legal-ceiling-by-168-trillion
