The following recommendations provide a comprehensive approach towards managing public debt in Pakistan, underscoring sustainable growth, effective utilisation of resources, fiscal responsibility, and institutional strengthening to align with the SDGs:

o   Regularly assess national debt sustainability, considering the impact on Sustainable Development Goals (SDGs) and potential debt distress.

o   Amplify investments in SDGs despite economic slowdowns and inflation, focusing on managing primary deficits and understanding the nuanced implications of debt levels.

o   Address macroeconomic challenges, including currency volatility and circular debt, through targeted fiscal policies like taxing bank profits from government lending and enhancing auditing for greater accountability.

o   Focus on the effective utilisation of debt, particularly in financing SDGs, while managing the fiscal capacity to meet investment requirements.

o   Conduct comprehensive reviews of public expenditure, especially in key sectors like health, education, and governance, to evaluate progress on SDGs, in collaboration with development partners.

o   Maintain fiscal prudence and sustainability, cautioning against excessive debt accumulation, and focusing on sectors that can drive economic resilience, such as services.

o   Strengthen institutional capacity to implement and sustain fiscal reforms, considering long-term fiscal consolidation and alternative public expenditure strategies.

o   Foster robust political consensus and policy coherence, learning from global examples of successful fiscal reforms.

o   Tackle pervasive corruption and enhance system accountability to strengthen social compacts and tax compliance.

o   Enhance debt management capabilities, focusing on sectors like agriculture and local production to build economic resilience and stability.