US
Even more appalling is theSBP’s forecast that the govt is on track to double the public debt by the end of its term
Government adds nearly Rs6tr in one year and situation is likely to worsen
Pakistan’s debt and liabilities increased only 2% to Rs41tr in Jul-Dec 2019
Finance ministry says other factors to blame for 40% increase in debt
Government presents new debt policy statement in parliament
Govt added Rs5.7tr in one year as revenues fell short of expenditures
High debt a hurdle in achieving goals but govt hopes it will make progress
Overall, domestic debt has increased to Rs20.7 trillion, or 26.3% more than the previous fiscal year
Debt addition in PTI’s first year equal to 66% of borrowing made by PML-N in five years
Spends Rs2.91tr on public debt retirement in outgoing fiscal year