Loans to private sector increases, states State Bank
KARACHI: State Bank of Pakistan has stated that the loans to private sector rose to Rs. 175 billion in the first five and a half months of the current fiscal year, ARY News reports.
The practice has improved since the conclusion of FY13 when the private sector’s borrowing was reported negative Rs19bn.
Ishaq Dar, Finance Minister of Pakistan, has claimed that the country’s economy would grow by more than 4 per cent in the current fiscal year.