How Much Did Debt Increase During Shahbaz Sharif’s Both Tenures? Details Emerge

Islamabad (Qudrat Daily) — During both tenures of Shahbaz Sharif as Prime Minister, a historic increase of Rs 37,307 billion in the federal government’s debt has been revealed over a period of nearly four and a half years. According to documents of the State Bank of Pakistan, during the PTI era’s nearly four and a half years, the federal government’s debt increased by Rs 18,323 billion compared to Shahbaz Sharif’s tenure.

During the nearly four and a half years of Shahbaz Sharif’s first and current tenures combined, the federal government’s debt increased by 104 percent more compared to the PTI government’s nearly four and a half years, because as Prime Minister, Shahbaz Sharif’s tenure saw an increase of Rs 37,307 billion in the federal government’s debt over nearly four and a half years, while during the PTI government’s nearly four and a half years, the federal government’s debt increased by Rs 18,327 billion.

Documents of the State Bank of Pakistan show that during Shahbaz Sharif’s first tenure as Prime Minister, in the 16 months from April 2022 to July 2023, the federal government’s debt increased by Rs 18,764 billion, while during the current government’s initial 29 months from March 2024 to July 2026, the federal government’s debt increased by Rs 18,543 billion.