Pakistan Total Debt Increased by Rs 12 Trillion in Just 10 Months
- 13, March , 2023
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Newstoday: After the Imran Khan government, the coalition government increased the debt by about 12,000 billion rupees in 10 months. The country has never suffered such debt in its history since Shahbaz sharif took the seat of Prime minister. According to the given detail at the time of Shehbaz Sharif's tenure, the total debt the country has faced till now is around 54,942 billion rupees. As per news sources, in march, the value of the federal government loans was around 43 thousand 12 billion rupees till march 31st, 2022. After this, the value increased to 54,942 billion rupees with an increase of 12,000 billion rupees. According to the given report, central bank loans increased by 22%, and the loan volumes have reached 34,225 billion rupees. External loan value was raised by 38.5% or 5751 billion rupees after which external loans raised 20 thousand 687 billion rupees. The final IMF agreement with the Pakistan delegate and the final loan deal will raise more debt, and also there is a fear of a high inflation rate in Pakistan.
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