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Govt borrows Rs4.9tr from banks

Govt borrows Rs4.9tr from banks

KARACHI: The government borrowed over Rs4.9 trillion from banks by June 12, compared with Rs3.7 trillion in the corresponding period last year, reflecting increased spending despite the massive growth in tax revenues over the past three years. The State Bank of Pakistan (SBP) reported on Monday tha...

Source: https://www.dawn.com/news/2010132/govt-borrows-rs49tr-from-banks

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