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Details of loans taken for the current financial year released

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Details of the federal government’s borrowings for the current financial year have come to light.

According to the details, the Economic Affairs Division has released the details related to the loans.

According to the report, the government has borrowed ارب 4.69 billion from July to October of the current financial year.

According to the report, کروڑ 128.7 million was borrowed under mutual agreements, while ارب 1.99 billion was borrowed from multilateral financial institutions.

The government borrowed ارب 1.52 billion from commercial banks and 12 123.1 million in grants from various countries and multilateral institutions.

The report added that between July and November, China borrowed 33 73.3 million and the United States 92 29.2 million.

In addition, the Asian Development Bank provided 62 622 million in loans to Pakistan, while the Islamic Development Fund provided قرض 468.5 million in loans to Pakistan.

Salman Sahr

Salman is a journalist at UsamaSpeaks.com and he deals with Latest News, World News, and Business News. Salman is a very professional and authentic news journalist.

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