Published on, Sept. 1 -- September 1, 2025 1:12 AM

In an unprecedented move and a record achievement for fiscal responsibility, the Ministry of Finance (MoF) has retired over Rs 1,600 billion of debt owed to the State Bank of Pakistan (SBP) in just 59 days, with total early repayments across all domestic liabilities now exceeding Rs 2,600 billion.

"On June 30, 2025, the Ministry early-retired Rs.500 billion. Only two months later, on August 29, the Debt Management Office executed another monumental repayment of Rs.1,133 billion, which brings the total early retirement of SBP debt to Rs.1,633 billion", Advisor to the Finance Minister Khurram Schehzad posted on his official X handle.

The Ministry had earlier in 1H FY25 retired domestic c...