Local borrowing at 45%, economy stable with $200m current account surplus: SBP
State Bank Governor Jameel Ahmad highlighted that the government’s local borrowing stands at 45%, which is not significantly higher compared to regional nations like Sri Lanka at 68% and India at 42%. He noted that other countries have been increasing private sector lending,. While providing an update on Pakistan’s economic situation, he revealed that foreign [...]
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Published by: dailytimes_pk
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