Tag Archives: Earning easy money

In FY23, the private sector’s net borrowings from commercial banks stood at Rs211 billion — just 5.5 per cent of the government’s net borrowings that totalled Rs3.84 trillion. During four weeks of FY24 (July 1-July 28, 2003), the private sector did not borrow anything from banks on a net basis; it rather retired about Rs173bn bank credit. On the contrary, …

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