Pakistan’s Federal government debt increased by 1 percent on a month on month (MoM) basis in January 2026, reaching Rs. 79.3 trillion according to data released by State Bank of Pakistan.
Compared to Rs. 72.1 trillion in January 2025, the central government debt has increased by 10 percent year-on-year (YoY).
External debt (Central Govt.) has increased to US$ 83.4 billion in January 2026 from US$ 82.7 billion in December 2025. In June 2025, the said debt was US$ 82.5 billion.
Meanwhile, the Central Government Domestic Debt is up by 11.4 percent YoY and 1.1 percent MoM to Rs. 55.9 trillion in January 2026.
Out of total domestic debt, the long-term public debt increased from Rs. 41.825 trillion to Rs. 47.122 trillion and the stock of short-term debt increased from Rs. 8.352 trillion to Rs. 8.784 trillion during the last year.