Punjab’s budgetary borrowing jumps 145pc

Dawn 13 h پاکستان

KARACHI: Punjab more than doubled its borrowing from banks for budgetary support during the first seven weeks of the current fiscal year, reflecting growing liquidity pressures on the country’s largest province. The latest State Bank data shows that Punjab borrowed Rs753.4 billion between July 1 and Aug 21 compared to Rs306.8bn during the same period of the previous fiscal year, suggesting an incr

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