The federal government’s borrowing from scheduled banks for budgetary support decreased by 58% in the first two months of fiscal year 2025 (FY25), according to data released by the State Bank of Pakistan (SBP). The SBP reported that the federal government borrowed Rs 660.3 billion from scheduled banks between July 1 and August 30, 2024, … Read more
ISLAMABAD: The government announced on Tuesday that it will need Rs32 trillion in loans this fiscal year, including rollovers from foreign banks and bilateral lenders. The success of this plan hinges on the timely approval of the International Monetary Fund (IMF) programme and the continued financial support from China. The Ministry of Finance released its … Read more
The federal government borrowed Rs145.34 billion from banks between July 1 and July 26, a drop of 78.37% compared to Rs671 billion borrowed during the same period last year, according to the latest data from the State Bank of Pakistan (SBP). This offers some relief to the government on the domestic debt servicing burden. While … Read more