Business

Pakistan borrows Rs 350 billion in July, debt reaches Rs 78.2 trillion

Published by
Web Desk

ISLAMBAD: The government of Pakistan has borrowed Rs 350 billion in the first month of the new fiscal year.

According to the State Bank of Pakistan, government debt has increased by Rs 350 billion in the first month of the current fiscal year to Rs 78,238 billion.

According to the State Bank of Pakistan, the government’s domestic debt has increased by Rs 517 billion to Rs 54,988 billion at the end of July.

In addition, the government’s external debt has decreased by Rs 167 billion to Rs 23,250 billion in July.

Web Desk

Recent Posts

IMF projects higher inflation than government’s target

ISLAMABAD (Rizwan Abbasi): The International Monetary Fund (IMF) has projected that Pakistan’s average inflation rate…

19 minutes ago

PM Shehbaz condemns attacks on KSA, reaffirms Pakistan’s solidarity

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday strongly condemned the recent attacks on Saudi Arabia,…

38 minutes ago

Gold prices drop by Rs5,600 per tola in Pakistan

KARACHI: The gold prices in Pakistan have been reduced to Rs 424,136 following a reduction…

2 hours ago

When will Safar moon be sighted? SUPARCO predicts

ISLAMABAD: According to Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), the new moon of…

3 hours ago

11 died as house collapses in Kohat after heavy rains

KOHAT: A residential house collapsed due to heavy rain in the Malgin area of ​​Lachi…

3 hours ago

Alternative to the Strait of Hormuz Ready: UAE Decides to Build New Port

ABU DHUBAI: The United Arab Emirates has prepared a plan to establish a new multi-purpose port…

3 hours ago