The increasing discount rates are now hiking up to 12.25 percent, Pakistan’s Total Debt and Liabilities have skyrocketed to Rs 35.094 Trillion till the end of March 2019, and its currently increasing at a supersonic speed.
In the current fiscal year, the first nine months from July-March Period, the total debt and liabilities went up 6 Trillion Rupees. The total debt and liabilities were Rs 28.879 Trillion in June 2018 and in March 2019, it rose up to Rs. 35.094 Trillion.
In the terms of Gross Domestic Products, the total debt and liabilities have grown to 91.2 percent. At the end of March 2019, it was noticed that the external debt and liabilities have crossed up to the mark of $ 105 Billion.
The Foreign Pakistan’s total and Liabilities have reached $ 105 Billion from $ 95 Billion in the first nine months of the current fiscal year June 2018 – March 2019.
Pakistan’s Total Debt increased by $ 10 Billion under the current Government rule. Due to which, a serious challenge and severe circumstances are foresighted to come in the near months and upcoming years.
Due to the overall debt and liabilities increasing at an astounding pace, the policy rate has been increased up to 150 percent, going up to 12.25 percent from 10.75 percent.
Pakistan’s total debt is standing at Rs. 33.026 Trillion, which includes Domestic Debt of the Government up to Rs. 18.17 Trillion, and Public Sector Enterprises Debt Rs. 1.378 Trillion.
The total liabilities are standing at Rs. 2 Billion till the end of March 2019, with the Total Debt of the current Fiscal year standing at Rs. 26.368 Trillion.
Pakistan owes $11.3 Billion to Paris, $27 Billion to multilateral and other donors, and $12 Billion in the International Bonds.
The outstanding loan of the International Monetary Fund stands at $5.765 Billion.