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Foreign loans and liabilities decreased by Rs 457 billion

Sophia John by Sophia John
November 19, 2019
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Foreign loans and liabilities decreased by Rs 457 billion
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Foreign loans and liabilities decreased by Rs 457 billion

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After the value of rupee increased, the value of foreign loans and liabilities decreased by Rs 457 billion. According to the State Bank of Pakistan data, the value of the rupee has improved and the value of foreign loans and liabilities has decreased by Rs 457 billion. According to statistics, the value of foreign loans and liabilities at the end of June 2019 was Rs. In the three months from July to September, the rupee increased by Rs 6.76, against the dollar in June, at Rs 163.05, which dropped to Rs 156.29 in September.

Statistics show that total debt and liabilities increased by Rs 1266.5 billion in the first quarter and by the end of September the value of domestic and foreign loans and liabilities reached Rs 41,498 billion, gross debt. And 95.2% of the DP of liabilities, while the total debt and liabilities in September was 104.3% of GDP.

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Sophia John

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