Govt. borrowing expands by Rs.36 billion last week

News Image

By MG News | February 18, 2020 at 06:15 PM GMT+05:00

0:00

February 18, 2020 (MLN): The government of Pakistan has accumulated Rs.36.32 billion during the week ended February 07, 2020, which brings its total net retirement for ongoing fiscal year FY2020 to Rs.3.62 billion. As of prior week, the government had retired a net sum of Rs.39.94 billion.

According to the State Bank of Pakistan's weekly estimates in this regard, the government had borrowed Rs.733.45 billion net, around the same time last year.

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.75.73 billion, while that for other purposes stood at Rs.4.26 billion. On the contrary, a net total of Rs.83.61 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 been retired a net sum of Rs.702.9 billion by the government, out of which the Federal Government retired Rs.351.83 billion, the Provincial Government retired Rs.328.33 billion, AJK Government retired Rs.19.1 billion, and the GB Government retired Rs.3.64 billion.

On the other hand, the Scheduled Banks have lent out a net total of Rs.778.63 billion out of which the Federal Government borrowed Rs.820.89 billion while the Provincial Government retired Rs.42.26 billion.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 05, 2025 at 11:58 PM GMT+05:00

Weekly Market Roundup


July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May


July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk


July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola


July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court



Top 5 things to watch in this week

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