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As of June 2023, Total Public Debt and Liabilities of Pakistan is estimated to be about Rs. 62.881 trillion / US$223.86 billion which is 74.3 percent of gross domestic product (GDP) of Pakistan. [8] About Rs. 24.309 trillion is owed by the government to domestic creditors, and about Rs. 1.67 trillion is owed by Public Sector Enterprises (PSEs). [8]
According to Indian strategic affairs specialist Sushant Sareen, Pakistan has doubled its national debt roughly every five years over the last 25-year period. Starting from a debt of ~ Rs. 3.06 trillion (US$11 billion) at the beginning of General Musharraf regime in 1999, the debt stood at ~ Rs.
The incumbent government of Pakistan under Prime Minister Imran Khan has presented its third budget for the Fiscal Year 2021-22. This budget has a value of Rs8.49 trillion, an increase of Rs700 billion over the last budget, and a GDP growth rate target of 4.8 percent. The 2021-22 budget is important as the country has presented positive ...
The funds are the final tranche of a $3 billion last-gasp rescue package Pakistan had secured last summer, which averted a sovereign debt default. "The IMF team has reached a staff-level agreement ...
The Federal budget 2020–2021 is the federal budget of Pakistan for the fiscal year beginning from 1 July 2020 and ending on 30 June 2021. The budget was presented in the Parliament by the Federal Minister Hammad Azhar. [1] It is also called Corona budget as it was presented during the Corona Crisis. [2]
Economy of Pakistan Karachi, the financial hub of Pakistan Currency Pakistani rupee (₨) (PKR) Fiscal year 1 July – 30 June Trade organisations ECO, SAFTA, WTO, AIIB, ADB, and others Country group Developing economy Lower-middle income economy Statistics Population 241,499,431 (5th, 2023 Census) GDP $374.90 billion (nominal ; 2024) $1.57 trillion (PPP ; 2023 est.) GDP rank 46th (nominal ...
The inflation rate in Pakistan has averaged 7.99 percent from 1957 until 2015, reaching an all-time high of 37.81 percent in December 1973 and a record low of -10.32 percent in February 1959. Pakistan suffered its only economic decline in GDP between 1951 and 1952.
National debt of Pakistan; C. Circular debt; P. Pakistan and the International Monetary Fund This page was last edited on 6 May 2021, at 00:45 (UTC). Text ...