Govt takes fresh loan of $764 mln

MG News | November 29, 2018 at 11:21 AM GMT+05:00

0:00

November 29, 2018 (MLN): The new government has taken fresh loan amounting to $764 million.

According to the Economic Affairs Division, during July-October, fresh borrowing stood at around $1.584 billion, which was around $820 million during July- August.

New government’s fresh borrowing from China amounted to $232 million, while borrowing from commercial banks amounted to $329 million.

Moreover, borrowing from Islamic Development Bank amounted to $72 million.

In FY19, the government is expected to borrow nearly $9.691 billion.

Copyright Mettis Link News

Related News

KIBOR jumps after SBP holds policy rate steady

Govt plans local insulin production via Russia joint venture

Pakistan seeks stronger trade ties with Morocco

Name	Price/Vol	%Chg/NChg
KSE100	139,542.95 206.00M	0.82% 1130.70
ALLSHR	86,464.95 384.39M	0.89% 761.99
KSE30	42,668.89 86.10M	0.98% 414.04
KMI30	196,878.97 87.66M	1.43% 2769.38
KMIALLSHR	57,416.87 164.96M	1.24% 703.20
BKTi	37,872.32 14.87M	0.11% 40.98
OGTi	28,332.14 36.79M	3.25% 891.51

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	119,490.00	119,785.00 117,905.00	1870.00 1.59%
BRENT CRUDE	72.36	72.82 72.16	-0.88 -1.20%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	2.20 2.33%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.50	-0.30 -0.29%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	69.97	70.41 69.80	-0.03 -0.04%
SUGAR #11 WORLD	16.50	16.52 16.45	0.05 0.30%