Record soaring total loans of $11.4 billion Pakistan acquired in FY18
- 20-Jul-2018
ISLAMABAD: Pakistan’s loan borrowing strikes at sky level during FY18 at $11.4 billion due to increasing liabilities, resulting in diminished foreign exchange reserves and more reliance on the peripheral creditors. According to Ministry of Finance and Economic Affairs, Pakistan has obtained a loan of total $11.4 billion during FY18, also inclusive of $500 million by China’s […]