Every Pakistani owes debt of 95000 as foreign loans soared


Every Pakistani owes debt of 95000 rupees as foreign debt and liabilities stands at $58 billion. These figures were presented before the Parliament by the finance ministry. According to these documents, country's domestic debt stands at $117 billion. The foreign debt is around 25% of the GDP, while the total domestic and foreign debt is around the 65% of GDP.

PML-N government in last four years obtained loans of $35 billion, nearly half of the loans $17 billion spent to repay the mature loans.

No comments

Note: Only a member of this blog may post a comment.

Powered by Blogger.