Tag Archives: Pakistan’s debt surges by 40pc in 15 months

ISLAMABAD: With around 40 per cent increase in Pakistan’s public debt and liabilities in 15 months, the government on Friday conceded major violations of the Fiscal Responsibility and Debt Limitation Act (FRDLA) for massively exceeding debt acquisition limits. In its debt policy statement laid before the parliament, the ministry of finance noted that total debt and liabilities that stood at …

Read More »