Pakistan’s federal budget deficit skyrocketed to a record Rs.6.7 trillion in 2022-23 Gross public debt jumped from Rs.44.4 trillion in March 2022 to Rs62.9 trillion by the end of fiscal year 2022-23.
2023-08-18
Pakistan’s federal budget deficit skyrocketed to a record Rs6.7 trillion in the last fiscal year, breaching the target by a wide margin, as spending on debt servicing and defence needs was 59% more than the net income of the centre. The federal government spent over Rs7.4 trillion on debt servicingRead More →
