Pakistan News / Pakistan does not beg with a bowl just like that, every person has a debt of Rs 3 lakh

Pakistan News: Pakistan is currently standing at such a crossroads, from where the only path ahead is economic instability, increasing poverty and global distrust. "What credibility will a country have in the world, whose every person eats bread on debt?"—this question is no longer a mere sarcasm, but has become the true picture of Pakistan. The government led by Shahbaz Sharif has made Pakistan's economy so burdensome that now every citizen there is in debt of an average of three lakh rupees.

Pakistan's debt reaches record level

The Economic Survey 2025 recently presented by the Pakistan government has revealed that by the end of March 2025, the total debt on Pakistan has reached 76,007 billion Pakistani rupees (about 76 trillion PKR). If measured in dollars, this debt has reached 269.34 billion dollars, which is about 70 percent of its total GDP (390 billion dollars). Four years ago, this debt was almost half, and a decade ago it was only around 17,380 billion PKR. Meaning, Pakistan's debt has increased 5 times in 10 years and doubled in just 4 years.

Every citizen has a debt of more than 3 lakh rupees

If this debt is equally divided among the total population of Pakistan, then every Pakistani citizen has a burden of about 3 lakh rupees. In a country where unemployment, inflation and food crisis are at their peak, such a huge debt deepens social instability.

Debt increased from internal and external sources

According to Pakistan's Economic Survey, out of the total debt, 51,500 billion PKR has been taken from local banks, while 24,500 billion PKR has been taken from foreign sources. These include loans taken from IMF, World Bank, Islamic Development Bank and friendly countries. Recently, Pakistan has received assistance of 1.03 billion dollars from IMF, but this relief is only a temporary solution.

Threat to Fiscal Stability

The report warns that excessive and disorderly debt not only increases the interest burden but also endangers long-term economic stability. This is why for a country like Pakistan, this debt is no longer just an economic issue but has become a question of national security.

Increase in defense budget despite being in debt

Surprisingly, despite such a poor economic condition, Pakistan is planning to spend more money on its defense preparations. After the crushing defeat at the hands of India in Operation Sindoor, Pakistan is buying weapons from China and is engaged in strengthening the military structure. This step shows that Pakistan has given priority to military power and support to terrorism instead of public welfare in its priorities.

Question on credibility on the global stage

When a country repeatedly knocks on the doors of the world community for loans, its credibility automatically falls. Pakistan has been described many times as a country carrying a "begging bowl", especially among Islamic countries. In such a situation, it is natural for the confidence of investors and global institutions to be shaken.