Pakistan's external debt rise by $4 billion in second quarter of FY20

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پاکستان عنوانات خبریں

پاکستان تازہ ترین خبریں,پاکستان عنوانات

In the second quarter, domestic debt fell by 1.5pc or Rs523 billion.

KARACHI – Pakistan’s external debt rose by $4 billion in the second quarter of the current fiscal year FY2019-20, and increased to $111 billion by the end of December 2019 from $107 billion by end-September 2019, according to the data released by the State Bank of Pakistan . In six months of FY20, the external debt increased by $4.699 billion.

Since formation of the PTI government, the debt has been increased by $14.966 billion as the end-Sept 2018, the external debt stood at $96.111 billion. On the other hand, the domestic debt in six months of FY20 rose by Rs1,017 billion , and reached Rs33,717 billion by end-Dec 2019. By end-Sept 2019, the domestic debt amounted to Rs34,240 billion The domestic debt in one year from Dec 2018 to Dec 2019 showed an increased of Rs6,262 billion. At end-Dec 2018, it was calculated at Rs27,455 billion.

Meanwhile, the foreign direct investment observed an appreciable jump of 66 percent from July 2019 till January 2020, and amounted to $1.563 billion. Net foreign investment from July to January stood at $3.425 billion. During seven months of FY20, the foreign investment increased by $2.890 billion. The investment in debt securities amounted to $1.840 billion. The equity market witnessed inflows of $21.5 million during the same period.

 

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پاکستان تازہ ترین خبریں, پاکستان عنوانات

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