Islamabad: Pakistan has crossed an important milestone towards fiscal discipline and economic stability by repaying debt of 4722 billion rupees before maturity.
According to government circles not only financial burden witnessed decline but also confidence of investors and credibility of national economy has boosted due to repayment of debt before schedule.
Adviser to Finance Minister Khurram Schehzad has said Pakistan has repaid debt of overall Rs 4722 billion before schedule.
According to him during financial year 2025-26 alone, debt worth 2900 billion rupees has been repaid before maturity so far, which is 62 percent higher compared to the previous financial year.
The debt which has been repaid includes 51 percent borrowings from the State Bank of Pakistan and 49 percent from other financial institutions.
Pakistan debt to GDP has reduced from 75 percent to 68.5 percent due to better fiscal policies.
Pakistan is heading towards a robust, sustainable and low cost fiscal system `on fast track basis.