Imran Khan govt borrows Rs 7.5 lakh crore in just one year| Master Stroke

09 Oct 2019 10:04 PM

Imran Khan govt borrows Rs 7.5 lakh crore in just one year| Master Stroke

Updated 09 Oct 2019 10:04 PM

The Imran Khan-led Pakistani government has accumulated a record public debt of PKR 7,509 billion during its first year in power, as per local media reports.
The foreign debt incurred by Pakistan's Tehreek-e-Insaf (PTI) government from August 2018 to August 2019 stood at PKR 2,804 billion, while the internally accumulated figure stood at PKR 4,705 billion. As per the State Bank of Pakistan, the total public debt stood at PKR 31.786 trillion at the end of June 2019.
Additionally, the government has projected public debt to increase by 47 per cent to PKR 45.57 trillion in five years.

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