Tag Archives: Govt to borrow record Rs4.8tr via treasury bills in first quarter

ISLAMABAD: Amid a revenue setback in December and higher expenditure, mostly for debt servicing, the government plans to borrow a record Rs4.8 trillion in the first three months of 2023 through market treasury bills (MTBs). According to the auction target calendar issued by the State Bank of Pakistan (SBP) on New Year’s Eve on Saturday, it will hold a total …

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