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Tag: Fiscal Challenges

Pakistan's debt and interest payments
Business
  • Web Desk
  • Jan 09, 2024
Debt dilemma: Pakistan’s high bank borrowings defy revenue success

In a disconcerting development, the government of Pakistan’s borrowings from banks have witnessed a troubling upward trend, raising alarms about the country’s deepening debt situation and casting shadows over its poised positive economic outlook.

State bank of Pakistan monetary policy
Business
  • Web Desk
  • Nov 10, 2023
SBP reports slight increase in forex reserves

The State Bank of Pakistan reported a marginal increase of $3.7 million, bringing its foreign exchange reserves to $7.51 billion.

Govt debt
Business
  • Web Desk
  • Nov 10, 2023
Pakistan’s central govt debt soars to Rs62.29 trillion

The latest data released by the State Bank of Pakistan (SBP) reveals a notable 25.94 per cent year-on-year surge in the central government’s total debt, reaching Rs62.291 trillion in September 2023.

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