ISLAMABAD: Public debt, as a percentage of Gross Domestic Product (GDP), decreased to 72 percent during the fiscal year 2021, from 76.6 percent in FY 2020, finance ministry said here Friday while rebutting an article published in a section of press. According to the latest published data, public ...

KARACHI: Pakistan’s public debt crosses dangerous levels and reaches Rs 34 trillion mark. Public debt rose by Rs2.3 trillion in the first nine months of the current fiscal year of 2019/20 as the government’s budget financing needs continue to increase with revenue constraints, the central ...

ISLAMABAD - Every single Pakistani is now under Rs 153,689 of debt as the per capita debt climbed by 28% at the end of the fiscal year. The Ministry of Finance has worked out per capita debt on the assumption of total population of 212.8 million, assuming 2.4% annual population growth. The ...

ISLAMABAD – Pakistan Foreign Debt and Liabilities witness massive rise of 11,610 billions in last 15 months. The finance ministry in its debt policy statement FY2019-20 has conceded that Pakistan’s public debt and liabilities have increased by Rs11,610 billion or about 39 percent in 15 ...

ISLAMABAD -Pakistan’s total public debt hits highest level of history, crossed alarming levels. According to a *Business Recorder *exclusive sourced to a senior official in the Ministry of Finance, borrowing to finance the fiscal deficit and the rupee depreciation against the dollar would ...

ISLAMABAD - PTI government took record public debt of Rs 7,500 billion in first year, private media report has claimed. Pakistan Tehreek-e-Insaaf (PTI) government, in its first year, has accumulated a record public debt of Rs7,509 billion, according to official documents available with a private ...

*ISLAMABAD: The net addition to external public debt during fiscal year 2018-19 was only $2.29 billion, which is the lowest in the last three years, said the Economic Affairs Division in a statement on Friday.* The total external inflows during FY 2018-19 were $10.186 billion, including grants of ...

ISLAMABAD - Rs3.65 trillion was added in the public debt during its first nine months of the current fiscal year by the PTI government. According to the Economic Survey 2018-19, the total public debt stood at Rs28.6 trillion by the end of March 2019, recording an increase of Rs3.65 trillion in ...

LAHORE: The Ministry of Finances’ “Debt Policy Statement” for 2018-19 revealed the total public debt and liabilities breached Rs30 trillion by the end of September 2018. According to the report, total public debt as a percentage of GDP stood at 72.5 percent while total debt of the ...

LAHORE - State Bank of Pakistan on Thursday has revealed sudden surge in the public debt of Pakistan in last one year. SBP stated that the gross public debt of Pakistan has mounted by almost 16.6% during the FY18, which is almost two times as compared to the rate recorded in FY17. It is ...