Pakistan has taken another major step in proactive public debt management, with the Ministry of Finance early-repaying Rs1,200 billion (Rs1.2 trillion) to the State Bank of Pakistan, well ahead of its scheduled maturity.
Govt repay Rs1.2 trillion to the SBP, ahead of its scheduled maturity: Khurram
ISLAMABAD, Aug 29 (APP): Pakistan has taken another major step in proactive public debt management, with the Ministry of Finance early-repaying Rs1,200 billion (Rs1.2 trillion) to the State Bank of Pakistan, well ahead of its scheduled maturity.
This is the single largest early-repayment tranche undertaken so far, surpassing the previous high of Rs1.133 billion — and takes cumulative domestic debt retired ahead of maturity to over Rs5.92 trillion, Adviser to Finance Minister Khurram Schehzad posted on X here Saturday.
To date, Rs5.92 trillion retired before maturity, he said adding that the 1.8 trillion fiscal year2025, 2.9 trillion fiscal year 2026 62% 1.2 trillion 2027.
This reflects a fundamental shift towards active sovereign liability management using improved fiscal space to retire obligations early, reduce refinancing and rollover risks, lower future debt-servicing pressures and strengthen the public debt profile, he added. He said that Pakistan is increasingly moving from simply managing debt maturities to actively strengthening its sovereign balance sheet.
