ISLAMABAD: The internal debt of Pakistan has been increased by Rs10,000 billion in a time span of three years.
Finance ministry has submitted a report regarding internal and external debt in Senate according to which, the country’s internal debt was Rs16.4 trillion in June 2018 and it crossed Rs26,000 billion till August 2021.
The report mentioned that the external debt of Pakistan has been raised by Rs6500 billion in three years. The external debt was Rs8500 billion in June 2018 and it jumped Rs14,000 billion figure till August 2021.
The ministry further told that total debt of Pakistan in June 2018 was Rs25,000 billion.
On the other hand, Minister of State of Parliamentary Affairs Ali Muhammad Khan said that the government is taking necessary steps for ensuring fiscal discipline and consolidation, stabilizing the economy and accelerating growth.