Central government Rs.27.6 trillion in debt as of February 2019

MG News | April 05, 2019 at 05:58 PM GMT+05:00

0:00

April 5, 2019 (MLN): The central government acquired a sum of Rs.27.6 trillion in debt as of February 2019, which is Rs.4.7 trillion higher than the amount borrowed until the same period last year and Rs.3.4 trillion higher than the beginning of ongoing fiscal year.

According to State Bank of Pakistan’s monthly report on government debt, the amount borrowed as of February 2018 was Rs.22.9 trillion while previous fiscal year’s borrowing stood at Rs.24.2 trillion.

Rs.18.3 trillion out of the total borrowing in February accounts for domestic debt whereas Rs.9.2 trillion were accumulated from external sources.

Domestically, the central government acquired Rs.7.8 trillion from long term debt agreements and Rs.10.5 trillion from short term agreements.

The biggest source of short term loan is MTB’s while in the long term, the major chunk of debt was acquired from Federal government bonds (Rs.3.8 trillion) and saving schemes (Rs.2.9 trillion).

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	158,460.87 122.51M	0.32% 507.40
ALLSHR	97,074.25 258.93M	0.34% 333.03
KSE30	48,371.69 52.55M	0.36% 172.75
KMI30	233,396.97 23.69M	0.30% 702.80
KMIALLSHR	65,193.40 134.06M	0.26% 166.27
BKTi	42,752.69 42.39M	0.62% 263.13
OGTi	31,831.55 1.47M	0.16% 52.19

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	116,985.00	117,795.00 116,905.00	-785.00 -0.67%
BRENT CRUDE	67.35	67.57 67.32	-0.09 -0.13%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	94.00	94.50 94.00	0.45 0.48%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.12	63.35 63.10	-0.14 -0.22%
SUGAR #11 WORLD	16.13	16.27 15.89	-0.14 -0.86%