How much loans federal government has taken in last 3 years?
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ISLAMABAD: Federal Government external loans have soared manifold in the last three years, the statistics revealed.
The Pakistan Muslim League-Nawaz government took out $24.93 billion external loans in the last three years.
DG Debt report on $1.5 billion money transaction from Saudi Arabia
The Finance Ministry’s debt director general (DG) revealed this before the Senate’s Standing Committee on Finance, Revenue and Privatisation on Wednesday.
“Pakistan has to pay $2,748 million as a mark up in the coming years,” he added.
Pakistan Public Debts: Startling facts about Government Borrowings
Country’s external public debt stood at $58 billion; $15 billion are non-public debt, which are being borrowed from commercial banks and SBP. Pakistan total debt stands at $73 billion.
Pakistan Debt to GDP ratio is around 66.5 percent, he said.
