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ISLAMABAD:The Pakistan Tehreek-e-Insaf (PTI) government will borrow a record Rs43.5 trillion in the next fiscal year mainly for repayment and interest cost of matur
air force high ing public debt, which is higher by 84% or nearly Rs20 trillion than the outgoing fiscal year.The Ministry of Finance on Tuesday sought approval of the National Assembly for the highest-ever borrowing of Rs43.5 trillion in a single year to repay domestic and foreign debt and pay interest on these loans.Govt borrows a whopping Rs2.24tr in just five
airmax monthsThe Rs43.5 trillion is more than the total size of federal budget for 2019-20 at Rs7 trillion. The difference is because the gover
nike air max plus nment does not book loans taken for repayment of domestic and foreign loans in the budget. These transactions are settled outside the budget. The central bank borrows the money on behalf of the federal government from commercial banks.The Rs43.5-trillion borrowing is the charged expenditure under the constitution and the National Assembly does not Hrrn Understanding 5GW+ Social media
KARACHI:Sindh Chief Minister Syed Murad Ali Shah, in a virtual meeti
nike 95 ng with Irrigation Department engineers reviewed progress on removal of floodwater from across the province. Zarif Iqbal Khero, Chief Engineer Development II, told the
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air force 1 mujer g from LBOD Spinal smoothly at about 2-3 decimal a day which would increase as time passed.