Pakistan Government Borrows Record PKR 5.5 Trillion From Banks, PKR 650 Billion In One Week Amid Crisis

Islamabad: Owing to the economic crisis, the Pakistan government led by Prime Minister Shehbaz Sharif borrowed over Pakistan currency (PKR) 650 billion from banks to meet its rising expenditures within a week, Dawn reported on Saturday.The State Bank of Pakistan (SBP) data showed that the government’s borrowing from commercial banks reached a record PKR 5.5 trillion from July 1, 2023 to April 5,
Islamabad: Owing to the economic crisis, the Pakistan government led by Prime Minister Shehbaz Sharif borrowed over Pakistan currency (PKR) 650 billion from banks to meet its rising expenditures within a week, Dawn reported on Saturday.The State Bank of Pakistan (SBP) data showed that the government’s borrowing from commercial banks reached a record PKR 5.5 trillion from July 1, 2023 to April 5,
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