With the latest repayment, he said that FY2026 (July–January) alone recorded more than Rs2,150 billion in early debt retirement, which was 44 percent higher than the total early repayments made during FY2025. He added that of the total early repayments, 65 percent pertained to SBP debt, 30 percent to treasury bills, and five percent to Pakistan Investment Bonds, resulting in a healthier and more sustainable debt profile. Khurram Schehzad said the positive impact was also visible in overall public debt, which declined from over Rs80.5 trillion in June 2025 to around Rs80 trillion by November 2025. He said that per-capita debt figures often generate misleading narratives and do not provide an accurate assessment of a country’s actual debt burden. He said, many advanced economies carried some of the highest per-person debt levels globally, yet remained fiscally stable due to strong revenue bases, repayment capacity and effective debt management.