Tag: Budgetary Support
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Govt’s debt rises to Rs5.53 trillion with recent Rs35.4 billion borrowing
The government of Pakistan has secured an additional debt of Rs35.4 billion during the week ending on May 24, 2024.
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Pakistan’s debt climbs by Rs276.55 billion to Rs4.78 trillion
Pakistan’s government incurred an additional debt of Rs276.55 billion during the week ending April 26, 2024, according to the State Bank of Pakistan’s weekly report.
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Pakistan’s debt burden increases by Rs86.28 billion within seven days
In the week ending January 12, the government of Pakistan increased its debt burden by Rs86.28 billion, bringing the total net borrowing for the ongoing fiscal year 2024 to Rs2.57 trillion, as per the latest estimates from the State Bank of Pakistan (SBP).
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Govt’s borrowing soars to over Rs1.6 trillion in three months, marking a fivefold increase from last year
In the current fiscal year, FY24, the federal government’s net borrowing to meet its financial obligations for governing the nation amounted to Rs1.6 trillion.