debt

PDM economic management led to sharp rise in per capita debt – Uptrends

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PDM economic management led to sharp rise in per capita debt – Uptrends

  ISLAMABAD: A new legally mandated fiscal policy statement has revealed the worst economic management by the coalition government of the Pakistan Democratic Movement, resulting in expenditures over Rs2.2 trillion higher than budgeted and a 25% increase in the debt burden for every citizen. The Ministry of Finance’s Fiscal Policy Statement 2024 showed a sharp … Read more

Pakistan’s debt at ‘unsustainable’ levels, warns finance minister – Uptrends

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Pakistan’s debt at ‘unsustainable’ levels, warns finance minister – Uptrends

  “There is no good news on debt burden as multilateral institutions didn’t permit restructuring of external, ” Dr Shamshad Akhtar says Dr Shamshad Akhtar addressing a SDPI conference in Islamabad. — X/@SDPIPakistan   Dr Shamshad Akhtar says economic revival package on the cards. Says govt to restructure FBR to increase revenue to GDP ratio. We … Read more