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Tag Archives: Govt budgetary borrowing falls by 42pc in 10MFY21

Govt budgetary borrowing falls by 42pc in 10MFY21


May 16, 2021

KARACHI: The government’s borrowing for budgetary support sharply declined by 42 per cent in the first 10 months of the current fiscal year, indicating a trend that may result in lower fiscal deficit for the year. The State Bank’s latest data shows the government borrowed Rs676 billion during July-April period of 2020-21 compared to Rs1,171bn in the same period last …

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