Government increased Borrowing by 4% in Two Months

The Mint PK

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Government increased Borrowing by 4% in Two Months

The government’s domestic debt increased by 3.68% in the first two months of this fiscal year while foreign loans or borrowings reduced by 2.8% during the period. The State Bank of Pakistan on Monday, released the data which was the clear indication

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Public Projects worth Rs. 36 billion approved by CDWP

Seven Public Debvelopmental projects worth Rs. 36 Billion has been approved by Central Development Working Party (CDWP) in its meeting on Wednesday. The meeting was headed by Dr Mohammad Jehanzeb Khan,Deputy Chairman Planning Commission and was at

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SBP to maintain discount rate in Monetary Policy

State Bank of Pakistan is scheduled to announce Monetary Policy today for the next two months where it is expected that Policy Rate/Discount Rate will be maintained at current level. With the change in CPI Inflation calculation methodology, Average

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Fiscal Deficit at all time high of Rs. 3.4 trillion

Pakistan's fiscal deficit for FY2018-19 stood at Rs. 3.445 trillion or 8.9% of total GDP as reported by the Ministry of Finance. This is the highest ever deficit in Pakistan's History. The fiscal deficit in 2017-18 stood at Rs. 2.26 trillion or 6.6%

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