Aurangzeb shares latest debt position with Senate

Aurangzeb shares latest debt position with Senate. Add BRecorder as a trusted source on Google.

Key points

• The written reply came to a question posed by Talha Mahmood from Pakistan People's Party (PPP).
• Govt increases diesel cost by Rs1.64, petrol's by Re0.27 per litre.
• Yemen's Houthis say they attacked Najran airport, Aramco facilities in Saudi Arabia.
• Five categories of manufacturers/importers: FBR to charge sales tax on basis of value of supply.

ISLAMABAD: Pakistan's total debt comprising domestic debt, external debt and the debt from the International Monetary Fund (IMF) was recorded at Rs81.37 trillion till December last year, the federal administration informed the Upper House of the Parliament on Thursday.

Meanwhile, the break-up of this debt suggested that of the total debt of Rs81.37 trillion, the domestic debt stood at Rs55.36 trillion, external debt stood at Rs23.16 trillion and IMF debt was recorded at Rs2.74 trillion, made public a written reply shared by Finance Minister Muhammad Aurangzeb in the Senate session.

Meanwhile, the written reply came to a question posed by Talha Mahmood from Pakistan People's Party (PPP). This person sought from the finance minister the details of the amount of domestic and foreign loans outstanding against Pakistan at present; the amount of the stated loans paid back by Pakistan during the last five years with year-wise breakup; and the amount of the mark-up on the noted loans paid back by Pakistan during the last five years with year-wise breakup. Excluding IMF loan: Total debt reaches Rs81.9trn by 11MFY26: Aurangzeb.

Meanwhile, the minister's written reply suggested that external debt servicing was recorded at Rs15.59 trillion in the fiscal year 2021-22, Rs21.36 trillion in FY 2022-23, Rs27.16 trillion in FY 2023-24, Rs25.53 trillion in FY 2024-25, Rs24.85 trillion in FY-2025-26 and Rs13.80 trillion in FY 2026-27 (July-December).

For context, the finance minister's reply further made public that the amount of mark-up on total external and domestic loans paid by Pakistan was recorded at Rs2.75 trillion in FY 2021-22, Rs3.18 trillion in FY 2022-23, Rs5.69 trillion in FY 2023-24, Rs8.16 trillion in FY 2024-25, Rs8.88 trillion in FY 2025-26 and Rs3.56 trillion in FY 2026-27 (July-December). Imran Khan shifted to Shifa International Hospital. Govt increases diesel cost by Rs1.64, petrol's by Re0.27 per litre.

Five categories of manufacturers/importers: FBR to charge sales tax on basis of value of supply. PD to establish new SPV for privatisation of three Discos. PD could not bear excessive taxation: Malik. National Assembly passes bills related to military, National Command Authority.

Yemen's Houthis say they attacked Najran airport, Aramco facilities in Saudi Arabia. Trump warns of economic consequences for any country that supports Iran. Review plea against Imran Khan's Shifa transfer order 'returned with objections'. SBP-held forex reserves rise by $25mn to $17.08bn. Currency Rate USD PKR Interbank Selling. Item Value Crude Oil USD/Barrel. Stock Cost First Paramount Mod. (R). Aisha Steel Mills Limited (CPS)(ASLCPS). Ali Asghar Textile Mills Limited(AATM). J.A. Textile Mills Limited(JATM).

Taken together, the developments around aurangzeb shares latest debt position with Senate point to a situation that is still moving, and the coming days should bring more clarity.