According to the details, a statement issued by the State Bank of Pakistan said that by June 30, 2021, Pakistan’s external debt exceeded 122 billion dollars; an increase of 9 billion dollars was recorded in one year.
The SBP said that as of June 30, 2020, Pakistan’s external debt was 113 billion dollars, while by June 30, 2021, Pakistan’s external debt had increased to 122.18 billion dollars in one year.
According to the central bank, the federal government’s debt has increased by 10 percent annually, with 68 percent borrowed from domestic sources and 32 percent from external sources.
It may be recalled that during the three-year tenure of the PTI government, the external debt has increased by 27 billion dollars. Before the PTI government came to power, Pakistan’s external debt was 95 billion dollars.
Pakistan’s external debt had increased by 34 billion dollars during the PML-N regime. External debt was 61 billion dollars before the PML-N government came to power, and 15 billion dollars was borrowed during the PPP regime. Before the PPP government came to power, Pakistan’s external debt was 46 billion dollars.