The government retired Rs. 783.38 billion in debt during the week ended September 11, 2026, taking its total net debt retirement during fiscal year 2026-27 to around Rs. 2.76 trillion, according to weekly estimates from the State Bank of Pakistan (SBP).
The government’s borrowing is divided into three major categories: budgetary support, commodity operations and other purposes. During the week under review, Rs. 772.46 billion was retired under budgetary support, while Rs. 4.31 billion was repaid under commodity operations and Rs. 6.61 billion under other purposes.
Cumulatively, debt retirement during FY2027 reached Rs. 2.74 trillion under budgetary support, Rs. 23.97 billion under commodity operations and Rs. 970 million under other purposes.
The SBP and scheduled banks remain the government’s primary sources of domestic budgetary financing. During the current fiscal year, the government recorded net repayments of Rs. 239.56 billion to the central bank. The federal government retired Rs. 1.08 trillion, while provincial governments borrowed Rs. 864.3 billion.
The Azad Jammu and Kashmir government also retired Rs. 15.93 billion, while the Gilgit-Baltistan government repaid Rs. 9.61 billion.
The government additionally recorded net debt retirement of around Rs. 2.5 trillion from scheduled banks. The federal government repaid Rs. 2.56 trillion, whereas provincial governments borrowed Rs. 62.81 billion.
The latest figures indicate that the government continued to reduce its outstanding borrowing from major domestic financing sources during FY2027.
