Govt to pay $55bn total debt in five years tenure: Fawad Chaudhry

MG News | December 21, 2021 at 11:13 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

December 21, 2021 (MLN): The incumbent government will pay $55billion of the total debt payments during its five years tenure compared to $27bn paid by the preceding government, Fawad Hussain Chaudhry, Federal Minister for Information and Broadcasting informed via his official Twitter handle today.

"The country's debt payment during the FY22 reached $12.27 billion and about same $12.5bn will be in FY23," he added.

Copyright Mettis Link News

Related News

The Dollar Test: Why Pakistan Needs Joint Ventures

Pakistan shifts from aid to trade, investment to strengthen global ties

Pakistan, Oman sign six deals to expand bilateral cooperation

Name	Price/Vol	%Chg/NChg
KSE100	166,483.76 127.83M	0.64% 1066.26
ALLSHR	101,079.57 376.24M	0.73% 733.51
KSE30	49,385.23 46.45M	0.71% 346.74
KMI30	240,491.55 62.75M	0.71% 1693.62
KMIALLSHR	65,625.61 234.60M	0.71% 463.64
BKTi	45,828.97 5.10M	0.57% 261.23
OGTi	33,829.54 4.72M	0.81% 273.14

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,405.00	82,000.00 80,225.00	-420.00 -0.51%
BRENT CRUDE	103.73	105.83 103.37	-2.33 -2.20%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.20 0.16%
ROTTERDAM COAL MONTHLY	144.90	0.00 0.00	-0.10 -0.07%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	94.50	95.31 93.58	-0.59 -0.62%
SUGAR #11 WORLD	20.62	20.84 20.60	-0.22 -1.06%