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Jul 1 ‘24 to Mar 14 ’25: Govt borrowing for budgetary support plunges 66pc

Summary by Business Recorder
KARACHI: The federal government’s borrowing for budgetary support from the domestic banking system has dropped sharply by 66 percent during the first eight and a half months of the current fiscal year (FY25), driven primarily by higher foreign inflows and record profits from the State Bank of Pakistan (SBP) According to the SBP, the federal government borrowed Rs 1.386 trillion for budgetary support from the domestic banking system between July …
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Jul 1 ‘24 to Mar 14 ’25: Govt borrowing for budgetary support plunges 66pc

KARACHI: The federal government’s borrowing for budgetary support from the domestic banking system has dropped sharply by 66 percent during the first eight and a half months of the current fiscal year (FY25), driven primarily by higher foreign inflows and record profits from the State Bank of Pakistan (SBP) According to the SBP, the federal government borrowed Rs 1.386 trillion for budgetary support from the domestic banking system between July …

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Business Recorder broke the news in on Thursday, April 3, 2025.
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