PTI govt improves economy despite inheriting elevated level of debt servicing: Fawad

“When the PTI government came to power Pakistan was facing daunting challenges such as high current account deficit which was brought down drastically due to incumbent government's sound fiscal policies. All high-frequency data now shows improvement in the economy and growth rate is being predicted about 3.94 per cent.”

The minister said during the current fiscal year, the government has to repay about $10.36 billion on account of external loans including principal & interest payments while expected inflows are estimated at $14.37 billion. “In order to discharge its various obligations, the government borrowed $10.5 billion as program and project loans in the same period. Thus, the net inflow of external loans is $2.98 billion. In addition, the government also repaid $2 billion to Saudi Arabia during the current fiscal year. Hence, the actual net inflows further decreased to $0.98 billion only.”

Sham you should take action on burya town

جھوٹ

جو نوجوان ملک سے باہر جا کر اپنی صلاحیتوں کا لوہا منوا رہے ہیں کیا وہ اس ملک کی تقدیر نہیں بدل سکتے؟ شرط یہ ہے کہ مواقع ملیں۔ YouthPolicy4Budget

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