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Tag Archives: Weak rupee drives up external debt

Weak rupee drives up external debt


October 6, 2023

KARACHI: The central government’s debt, both within the country and to foreign entities, surged by nearly a third in the 12 months through August, reaching close to Rs64 trillion, State Bank of Pakistan data showed on Thursday. The 29 per cent increase in debt amounted to Rs14.4tr, as the figure stood at Rs49.57tr by the end of August 2022. Of …

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