Every new born Pakistani child is indebted to Rs 130,000 only: official Report

Every new born Pakistani child is indebted to Rs 130,000 only: official Report
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ISLAMABAD - State Bank of Pakistan released latest figures stating that every Pakistani is now indebted by Rs 130,000.

The debt situation of Pakistan continues to increase at an alarming rate as the latest figures and statistics released by the State Bank of Pakistan indicate.

Pakistan's total debt has increased to Rs 26,814 billion among which the country's foreign debt has had an additional increase of $88.89 billion.

From July to December 2017, the foreign debt of Pakistan has recorded an increase of $6 billion.

Pakistan's total debts have increased by 14.9 percent over the past one year, according to the documents.

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