Pakistan’s Federal government debt increased by 1.3 percent on a month on month (MoM) basis in December 2025, reaching Rs. 78.5 trillion according to data released by State Bank of Pakistan.
Compared to Rs. 71.5 trillion in December 2024, the central government debt has increased by 9.6 percent year-on-year (YoY).
External debt (Central Govt.) has increased to US$82.7 billion in December 2025 from US$ 81.7 billion in November 2025. In June 2025, the said debt was US$ 82.5 billion.
Meanwhile, the Central Government Domestic Debt is up by 11.0 percent YoY and 1.4 percent MoM to Rs. 55.4 trillion in December 2025.
Out of total domestic debt, the long-term public debt increased from Rs. 41.1 trillion to Rs. 46.56 trillion and the stock of short-term debt increased from Rs. 8.69 trillion to Rs. 8.74 trillion during the last year.