Business, Pakistan

The Government will take a loan of Rs 1900 billion More by July

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By Admin Desk

The Government will take a loan of Rs 1900 billion More by July this year

The finance ministry has said that the current government will borrow Rs 1900 billion more by July this year. The Finance Ministry documents presented in the National Assembly detail how much of the internal and external debt the government should repay by 2023.

 

The finance ministry says the government has to repatriate $ 2.28 billion of external debt by 2023. According to the Finance Ministry, the government has to repay the internal debt of Rs. 12261 billion.

 

Documents presented in the National Assembly have revealed that the current government will take a further loan of Rs 1900 billion by July this year. According to the finance ministry, the government plans to borrow Rs 800 billion internally while the external plans to borrow Rs 1100 billion.

 

According to the document, the government plans to repay the domestic debt of Rs 12261 billion in its constitutional period, while the government plans to repatriate $ 2.28 billion in external debt in its constitutional period.