Pakistan’s soaring debt reaches Rs78tr, raises concerns of unsustainability – Wajobz

Pakistan’s soaring debt reaches Rs78tr, raises concerns of unsustainability – Wajobz

Pakistan’s total debt and liabilities have surged by an alarming 26 percent, reaching a new record of Rs78 trillion in the past year, with Rs4.7 trillion attributed to liabilities, according to the State Bank of Pakistan (SBP).  The increase, totaling Rs16 trillion by the end of September, highlights an unsustainable trajectory that may necessitate debt … Read more