Pakistan’s debt, liabilities increase by 15pc to Rs26.81 trillion

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KARACHI: Pakistan’s total debt and liabilities have increased by 15 percent to Rs26.81 trillion by end of December 2017 as compared with Rs23.33 trillion a year ago, according to data released by State Bank of Pakistan (SBP) on Thursday.
The debt to GDP ratio has also increased to 74.7 percent by December 2017, which was 73.2 percent a year ago.
The total debt of the country increased to Rs25.74 trillion as compared with Rs22.42 trillion.
According to breakup of the total debt, the government domestic debt increased to Rs15.43 trillion as against Rs14.19 trillion. Similarly, the external debt increased to Rs9.41 trillion, which was Rs7.78 trillion by December 2016.
The total liabilities have increased to Rs1.07 trillion from Rs918.8 billion.
The total debt and liabilities servicing have increased by 44.1 percent to Rs424.4 billion from Rs294.5 billion.