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Pakistan's Public Debt Increased to Rs. 28.6 Trillion: Economic Survey

From the Blog propakistani Pakistan's total public debt stood at Rs. 28.607 trillion at the end of March 2019, recording an increase of Rs 3.655 trillion during first nine months of the current fiscal year (July-March) 2018-19, revealed the Economic Survey 2018-19 released on Monday. Total public debt as a percentage of GDP stood at 72.1 percent while the total debt of the government was recorded at 66.5 percent at end June 2018. The total public debt to GDP ratio has increased further and was recorded at 74.2 percent of GDP at the end of March 2019. Apart from a higher fiscal deficit, depreciation of Pak Rupee against the US Dollar has contributed to this increase during the first nine months of the current fiscal year. The survey noted that devaluation of Pak Rupee against international currencies capakistanblogs.blogspot.comRead Full PostComments

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