Pakistan's debt rises by Rs. 12 trillion in 10 months 

In the last 10 months, the coalition government has borrowed a significant amount of money, leading to a substantial increase in the country's debt. The government debt has increased by approximately 12,000 billion rupees, which is the highest increase in the country's history. Since the current Prime Minister took office, the loans have increased by 27.7%. The total debt of the federal government has now reached 54,942 billion rupees.

According to a report by Dunya News, the federal government's loans were 43 thousand 12 billion rupees till March 31, 2022. However, it has now increased to 54,942 billion rupees, with an increase of about 12,000 billion rupees. This significant increase in debt is alarming and can lead to adverse economic effects in the future.

The loans taken by the government are a combination of local and external loans. As per the Central Bank report, local loans have increased by 22% or 6,179 billion rupees. The volume of local loans has reached 34,255 billion rupees, while local loans were 28 thousand 76 billion rupees on March 31, 2022. External loans, on the other hand, have increased by 38.5% or 5,751 billion rupees. The volume of external loans has reached 20 thousand 687 billion rupees, while on March 31, 2022, the external loans were 14,936 billion rupees.

Express News reports that the debt of the federal government has increased to about 55 thousand billion rupees by the end of January. In the current financial year, between July 2022 and January 2023, the debt has increased by 7,200 billion rupees. Such a significant increase in debt can lead to a rise in inflation, a decrease in investment, and a decline in the economy's overall growth rate. The government should take measures to control the rising debt to prevent adverse economic effects in the future.