*ISLAMABAD: *The government only borrowed Rs3.44 trillion to finance itsbudget deficit during the financial year 2018-19 (FY19) while the figure ofRs11 trillion being reported in a section of the media as ‘increase intotal debt and liabilities’ requires certain clarifications, a pressrelease issued by the Ministry of Finance said on Tuesday.

The MoF maintained that the total debt and liabilities actually increasedby Rs10.33 trillion (from Rs29.88 trillion to Rs40.21 trillion) during FY19.

“It is useful to analyse the growth in each of the five distinct componentsof the overall debt and liabilities figure.