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Total credit to Govt Sector upto Feb-19 reaches Rs11.05 trillion

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March 19, 2019: As per the data released by State Bank of Pakistan, the total credit to Government Sector at the end of February 2019 amounted to Rs. 11.05 trillion, higher by 7% as compared to Rs. 10.2 trillion at the end of June 2018. On a yearly basis, this figure increased by 17% as compared to Rs. 9.4 trillion in February 2018.

Comprising of two major components i.e. SBP credit to Government sector (net) and Scheduled Banks Credit to Government sector (net), the former increased by 88% to Rs. 6.6 trillion whereas the latter decreased by 36% to Rs. 4.2 trillion respectively in February 2019, as compared to June 2018.

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Posted on: 2019-03-19T11:05:00+05:00

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