Pakistan owes Rs 71 trillion in total, NA reported.

The document that was given to the National Assembly states that 34% of the nation’s overall debt is foreign and 66% of it is domestic.

More than Rs. 47 trillion is owed domestically, and more than Rs. 24 trillion is owed abroad. A debt payback plan for the ensuing years has also been provided by the Ministry of Finance.

Pakistan is scheduled to pay 18700 billion rupees in 2024, 8700 billion in 2025, 7,600 billion in 2026, and 4,300 billion in 2027.

The repayment timeline for the loan is as follows: Rs 6,000 billion in 2028, Rs 8,400 billion in 2029, Rs 2,400 billion in 2030, and Rs 2,600 billion in 2031. The record indicates that a sizeable amount of the loan, more than Rs 1 trillion, is scheduled for repayment in 2031.

intends to raise the provinces’ percentage of the federal budget from 39.4% to 48.7% by 2027.

The provinces will get Rs 10,350 billion under the National Finance Commission (NFC) Award by fiscal year 2026–2027, according to the report.

With Rs 8,921 billion set out for the upcoming fiscal year 2025–2026 and Rs 10,350 billion by 2026–2027, the plan shows an increase in province contributions.

Provinces under the NFC Award will get 39.4% of the budget transferred to them for the current fiscal year. The necessity to update the process for allocating funds to provinces under the NFC has also been recognized by the administration.

The plan also emphasizes the nation’s debt load, with total indebtedness predicted to hit Rs 79,731 billion by the end of the currentfiscal year