The economic affairs division of Pakistan has Tuesday released the figureson borrowings the government of Pakistan availed itself in the past threemonths.
The economic affairs ministry report has said the government borrowed$3,0980.06 million as per its provisional data for July to September months.
For the grants the government has received in the Jul-Sep period, thereport said $106.87 million were given to Pakistan in total.
Out of the total loans it has availed, the government got $76.97 million inthe past three months in the bilateral projects.
The remaining loans, $1,563.55 million were in multilateral projects, theministry report said.
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$457.54 million is the total amount of the loans the government got fromthe various commercial banks in this Jul-Sep period.
Rupee sinks to new record low against US dollar
On the other hand, it is pertinent to note that the exchange rate plays acritical role on the magnitude of the borrowings. Just yesterday, thePakistani rupee lost further ground against the US dollar in the interbankcurrency market on the first trading day of the week.
