Govt borrows Rs1.8tr from banks in three months

By MG News | November 17, 2023 at 03:23 PM GMT+05:00

0:00

November 17, 2023 (MLN): The government has borrowed a staggering Rs1.8 trillion from scheduled banks during the period from July 01 to October 06, 2023.

Breaking it down by province, the Punjab government borrowed Rs55.9bn, and the KPK government borrowed Rs35.1bn during the said period.

In contrast, the Baluchistan and the Sindh government reduced their debt by a cumulative Rs40bn as they retired Rs35bn and Rs5bn respectively.

Simultaneously, the private sector during the review period retired a total sum of Rs291bn in debt.

Copyright Mettis Link News

Related News

Pakistan kicks off Beijing Roadshow for first-ever Panda Bond

Tribunal upholds CCP’s order against ICAP in price-fixing case

Govt waives tax, slashes duties on sugar imports

Name	Price/Vol	%Chg/NChg
KSE100	132,576.99 161.03M	-0.62% -826.20
ALLSHR	82,983.68 903.36M	-0.25% -204.38
KSE30	40,358.80 56.86M	-0.72% -292.66
KMI30	190,727.32 67.92M	-0.71% -1356.60
KMIALLSHR	55,698.48 457.08M	-0.27% -149.22
BKTi	36,242.06 11.15M	-0.50% -180.82
OGTi	28,323.42 10.71M	-0.40% -114.19

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,330.00	110,265.00 108,625.00	115.00 0.11%
BRENT CRUDE	70.34	70.71 69.61	0.19 0.27%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	1.45 1.51%
ROTTERDAM COAL MONTHLY	108.00	109.00 107.95	0.90 0.84%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.56	68.94 67.70	0.23 0.34%
SUGAR #11 WORLD	16.57	16.61 16.08	0.44 2.73%