Islamabad: Pakistan has achieved a significant fiscal milestone by successfully retiring 500 billion rupees in debt owed to the State Bank of Pakistan, four years ahead of its scheduled maturity in 2029.

According to Radio Pakistan, Advisor to Finance Minister Khurram Schehzad shared this development in a post on the social media platform X. The post highlighted that the debt was initially due for 2029, but its early retirement underscores the government’s commitment to proactive and disciplined financial governance.

The early payment is expected to help reduce concentration risk, lower future liabilities, and strengthen the country’s macroeconomic foundation by curbing reliance on borrowing.