The federal government borrowed around Rs610 billion from commercial banks over a five-day period in mid-June, averaging about Rs122 billion per day, according to the latest financial data released by the State Bank of Pakistan (SBP).
The borrowing was made through short-term treasury bill auctions to help meet the government’s financing needs and manage daily cash requirements. Such borrowing is a common practice used to cover budgetary expenses and maintain liquidity.
Economists say the increased borrowing reflects the government’s continued reliance on domestic financing as it works to manage fiscal pressures.
While domestic borrowing provides immediate funds, experts note that it can also increase interest costs and place additional pressure on public finances over time.
The latest figures come as Pakistan continues efforts to strengthen its economy through revenue reforms, better fiscal management and improved financial stability.
The government has also been focusing on reducing the budget deficit while ensuring funds are available for development projects and essential public services.
Financial analysts believe future borrowing levels will depend on government revenues, spending requirements and overall economic conditions in the coming months. They also say stable inflation and interest rates could influence the government’s financing strategy.
The State Bank regularly publishes data on government borrowing to provide transparency and keep investors informed about the country’s financial position.
