Tag Archives: Borrowing from SBP doubles to Rs2.7tr

KARACHI: The government has announced its decision to stop borrowing funds from the State Bank of Pakistan (SBP) in the next fiscal year after cumulative borrowing in the ongoing fiscal year doubled to Rs2.7 trillion as of June 14 compared to Rs1.43tr in the same period last year. The disappointing revenue collection during the ongoing fiscal year forced the government …

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