Govt borrowed Rs 472 trillion from SBP

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Govt borrowed Rs 472 trillion from SBP

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According to the SBP, government borrowed Rs 472 trillion from the bank to meet expenditures.

12 May,2011 11:42 pm

According a report issued by the State Bank of Pakistan (SBP), the government had borrowed Rs 472 trillion during the ten month of fiscal year 2010-11. The government had also borrowed 16.76 billion during the last week of the April in budget support. The volume of loan from banking sector has reached Rs 464 billion.