State of public finances

Dawn | Sep 13, 2019 at 7:01 AM
  • PAKISTAN is in the vice of a debt ‘trap’.
  • An additional Rs667bn is on account of the over $4bn increase in external debt servicing during 2018-19 related to past borrowing by the PML-N government that became due during the year.
  • Combined, these four factors alone account for 70pc of the increase in total debt and liabilities recorded during 2018-19.