Pakistan government borrows PKR 3.2 trillion from bank in just 45 days
Karachi [Pakistan], July 12 (ANI): The Pakistani government has borrowed approximately Pakistani currency (PKR) 3.2 trillion from scheduled banks between May 15 to June 28 of the fiscal year 2023-24, this works out to an average of 71.8 billion PKR per day, Dawn reportedThis borrowing spree comes despite a 30 per cent increase in revenue generation compared to the previous year.
The government's reliance on borrowing sugg