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In the first seven months of the current fiscal year, the federal government’s net borrowings from banks rose to Rs906.5 billion, up from Rs703bn in the same period of the last year, according to the State Bank of Pakistan (SBP). Keeping this fact in mind, and keeping an eye on further borrowings in the next five months of the year, …
Read More »More fiscal prudence required
February 15, 2021
