Fiscal failure

PAKISTAN’S debt dynamics continue to paint a difficult fiscal picture. The latest State Bank debt bulletin shows that the government had added Rs9.3tr in new debt during the last fiscal year, with the total public debt stock surging to a record Rs80.5tr at the end of June. It means that the government had added a staggering Rs25.4bn every single day….

Source: https://www.dawn.com/news/1942062/fiscal-failure