This paper examines the issue of managing public debt and analyses the present situation of pulbic debt in Pakistan. The next section discusses some theoretical aspects of the public debt including the debt management while Section 3 presents objectives and the functions of debt management and the location of the debt managment functions. Section 4 examines the situation of public debt in Pakistan.
It details the structure of the public debt in Pakistan and analyses the trends in debt servicing. It also looks into the manageability and sustainability of the debt in Pakistan using some indicators of debt burden. The last section concludes the paper.