The Finance Ministry has presented a detailed debt repayment schedule to the National Assembly, outlining plans for the period from 2024 to 2040. As of June this year, Pakistan’s national debt stands at Rs71 trillion, with domestic debt comprising 66% and foreign debt 34%. Specifically, domestic debt exceeds Rs47 trillion, while foreign debt surpasses Rs24 trillion.
The repayment plan is structured to address significant payments over the coming years. In 2024, Pakistan will need to repay Rs18.7 trillion. This amount decreases to Rs8.7 trillion in 2025, Rs7.6 trillion in 2026, and Rs4.3 trillion in 2027. Following this, the repayment schedule includes Rs6 trillion in 2028 and Rs8.4 trillion in 2029. The schedule reflects the government’s strategic approach to managing the debt load over the long term.
In addition to this repayment plan, the federal government is expected to release further details about both domestic and foreign loans by June. This forthcoming information aims to provide greater transparency regarding the country’s debt management strategies, helping to clarify how Pakistan plans to address its financial obligations and maintain fiscal stability in the years ahead. The comprehensive disclosure is intended to offer a clearer picture of the debt management strategy and its alignment with broader economic goals.
