Pakistan govt borrows PKR 239 billion credit from State Bank of Pakistan: Report

Islamabad [Pakistan], April 22 (ANI): In breach of the law, the State Bank of Pakistan has reportedly extended Pakistani Rupees (PKR) 239 billion credit to Shehbaz Sharif-led government in January-February to address ballooning debt servicing requirements of the domestic commercial banks, Dawn reported.

According to the State Bank of Pakistan Act amended in 2022 on the dictation of the International Monetary Fund (IMF), g