Govt. borrowing expands by Rs.155 billion in a week

News Image

By MG News | December 13, 2019 at 05:55 PM GMT+05:00

0:00

December 13, 2019 (MLN): The government of Pakistan has acquired an additional debt of Rs.155.18 billion during the week ended December 06, 2019, which brings its total net borrowing for ongoing fiscal year 2020 to Rs.488.11 billion. As of prior week, the government had borrowed a net sum of Rs.332.94 billion.

According to the State Bank of Pakistan's weekly estimates in this regard, this year's overall net borrowing as of this week has increased by Rs.82.74 billion over the year as last year's net borrowing for the same period stood at Rs.405.38 billion.

The government sector borrowings are divided into three broad categories based on the purpose of loan which are budgetary support, commodity operations and others.

Split three ways between these broad categories, the cumulative net borrowing for budgetary support was Rs.550.1 billion, while that for other purposes stood at Rs.1.34 billion. On the contrary, a net total of Rs.63.32 billion were retired off Commodity Operations.

The two biggest source of financing for budgetary support are the State Bank of Pakistan and the Scheduled Banks. This fiscal year, the central bank has lent out a net sum of Rs.7.77 billion to the government, out of which the Federal Government borrowed Rs.203.14 billion whereas, the Provincial Government retired Rs.182.36 billion, AJK Government retired Rs.10.86 billion, and the GB Government retired Rs.2.16 billion.

Meanwhile, the Scheduled Banks have lent out a net total of Rs.542.32 billion out of which the Federal Government borrowed Rs.546.98 billion while the Provincial Government retired Rs.4.65 billion.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 122,143.57
238.19M
-1.57%
-1949.56
ALLSHR 76,055.22
966.52M
-1.36%
-1051.07
KSE30 36,883.30
115.66M
-1.74%
-653.39
KMI30 180,397.18
129.11M
-2.16%
-3973.50
KMIALLSHR 52,092.45
393.86M
-1.73%
-918.69
BKTi 29,957.41
15.86M
-1.36%
-411.82
OGTi 27,188.26
11.39M
-1.70%
-471.10
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 105,715.00 106,630.00
103,010.00
-1380.00
-1.29%
BRENT CRUDE 75.18 78.50
70.41
5.82
8.39%
RICHARDS BAY COAL MONTHLY 88.00 0.00
0.00
-2.00
-2.22%
ROTTERDAM COAL MONTHLY 103.60 103.60
103.50
1.00
0.97%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 73.18 77.62
68.49
5.14
7.55%
SUGAR #11 WORLD 16.54 16.94
16.52
-0.16
-0.96%

Chart of the Day


Latest News
June 14, 2025 at 08:55 PM GMT+05:00

Sindh proposes 12% salary hike for govt employees


June 14, 2025 at 08:55 PM GMT+05:00

Sindh unveils over Rs3tr budget for FY26


June 14, 2025 at 04:48 PM GMT+05:00

Weekly Market Roundup


June 13, 2025 at 11:59 PM GMT+05:00

SBP revises export declaration format in PSW system



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg