“Public Debt and its Management – a case study of Pakistan.”

Abstract

This research paper is an attempt to identify key issues in understanding Pakistan’s public debt burden. Firstly, we discuss the performance and structure of the economy from the time of its birth to current age. The two key components of public debt namely external and internal debt are analyzed and the debt profile over the period 1995-2012 is considered in detail. To develop an understanding of the various issues in debt management and debt burden, views of the international financial institutions are considered.