Pakistan’s Debt-to-GDP ratio hits 6-year low at 70 per cent
Pakistan’s debt-to-GDP ratio fell to a six-year low of 70 percent due to faster nominal GDP growth fueled by higher inflation, as per State Bank of Pakistan data. Moreover, SBP data indicates that Pakistan’s export growth has exceeded the increase in external debt over the past five fiscal years. Read
Bank borrowings hit Rs6.2 tr in just 10 months
WEB DESK: Pakistan’s government surpassed its treasury bills auction target, raising Rs640 billion on Wednesday, while simultaneously reducing the cut-off yields for various tenors by up to 49 basis points. Despite a target of Rs450 billion, the overwhelming response saw bids totaling over Rs1.8 trillion, indicating investors’ preference for risk-free
