Pakistan's total debt reached 87.2% of GDP:

Pakistan's total debt reached 87.2% of GDP:

The Ministry of Finance has presented the details of outstanding national debts in the National Assembly.

Pakistan's total debt has reached 87.2% of GDP. Details of domestic debt owed by the Ministry of Finance have been presented in the National Assembly. The government has admitted an increase of Rs 14,000 billion in national debt. Has been. According to the report submitted to the National Assembly, the total government debt was 81.1% of GDP in 2019. In 2019, the total debt was 105.9% of GDP. DP has reached 106.8%.

Minister for Economic Affairs Khusro Bakhtiar told the National Assembly that the World Bank had provided $300 million for various projects with foreign aid of  $3.55 billion to deal with Corona.

Asian Development Bank gave $817 million including $350 million. The IMF gave $1.38 billion to support the budget, he said. Development Bank, Japan, China, USA, UK, Canada and South Korea have given $91.1million dollars, he said, adding that Pakistan has received $294 million in aid.

The government had expected the GDP rate of loans to be lower by the end of this fiscal, but the global debt was not due to the Corona Virus. According to the National Economic Survey, government debt reached 84.4 per cent of GDP by March 2020, the survey said, the government borrowed Rs 20.80 trillion for budget support during July to March, while the dollar was reduced to 5 trillion rupees.