Debt servicing

Shehbaz said country at war with climate change-induced havoc

With NFC notified, govt mulls options on distribution of resources between centre, provinces

Highlights adverse implications of taxation and monetary policies

Country will continue to make more borrowing to service current debt

The mentioned figures show that debt servicing accounts for more than 50 per cent of the tax revenue

IMF conditions responsible for high cost of retiring foreign loan

In first nine months of FY19, total debt and liabilities went up Rs6tr

Appreciation of dollar, higher global oil prices to exacerbate country’s economic woes

Each time the rupee depreciates, an additional Rs97 billion are added to the debt

New fiscal year’s borrowing is 44% more than the outgoing year

Govt borrowing will be used for balance of payments, budgetary support

A third of money to account for settling foreign loans, paying interest on bank loans

Dar says positive S&P upgrade result of prudent govt policies

Very little left for development, says National Assembly panel chairman