The total public debt stock of the federal government increased by 24.4 percent on a year-on-year (YoY) basis in November 2023 as compared to the same month last year.
According to the monthly data issued by the State Bank of Pakistan (SBP), the debt stock increased to Rs. 63.39 trillion in November 2023 compared to Rs. 50.96 trillion in November 2022, an increase of Rs. 12.43 trillion.
On a month-on-month basis, the total public debt stock of the federal government increased by 1.5 percent from Rs. 62.483 trillion recorded in October 2023.
The data shows that the domestic debt of the central government increased by 24.2 percent from Rs. 32.98 trillion in November 2022 to Rs. 40.956 trillion in November 2023.
Out of total domestic debt, the long-term public debt increased from Rs. 26.034 trillion to Rs. 33.206 trillion and the stock of short-term debt increased from Rs. 6.85 trillion to Rs. 7.624 trillion in November 2023.
