According to the State Bank of Pakistan, the country’s public debt has increased over 40% in a span of 15 months, reaching a staggering PKR62.9 trillion by the end of June 2023. This increasing debt burden has been a leading cause of economic and political uncertainty this past year, and is expected to cause strain on the government’s financial resources, driving funds away from crucial

expenditures such as education, healthcare and infrastructure development, to name a few.

Join this seminar on public debt sustainability and gain insights into the country’s public debt management strategy and underlying causes, exploring innovative solutions in this regard. Delve into sovereign default and debt restructuring using lessons from Sri Lanka, and discuss the interconnection between debt sustainability and the path to recovery in the global context.