Pakistan Economy: Profile of public debt and implications for the economy – By NEXT Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">This article describes the debt profile and the implications on the federal budget and the balance of payments. </span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The total debt of Pakistan at the end of 2020-21 was Rs 47,829 billion, equal to 100.2 percent of the GDP. It has increased by Rs 18,950 billion since 2017-18 when it stood at 86.3 percent of the GDP.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The composition of the debt is shown in Figure 1.</span></li><li><span style="font-size:medium;line-height:115%;font-family:Arial, Helvetica, sans-serif;">The dollar magnitude of the total external debt is $122.1 billion, over 40 percent of the GDP. The level of public exter...