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Full Version: Pakistan’s Foreign Debt Jumps Above $46 Billion
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ZPak
http://www.dailytimes.com.pk/default.asp?p...0-8-2008_pg7_13


Pakistan’s foreign debt jumps above $46 billion

LAHORE: Pakistan’s total foreign debt and liabilities have risen above $46 billion, showing an increase of 14 percent, Geo News reported on Saturday. According to the figures released by the State Bank of Pakistan, the country’s foreign debt surged by $5.80 billion to $45.28 billion during the last fiscal year, the channel reported. According to the report, a rise of $3 billion was recorded in just the first three months of 2008. Experts say the government is increasing its dependence on the foreign debt to meet the fiscal deficit, according to the channel. daily times monitor

MoThSmOkE
Divide that by 160million Pakistanis. We are more in debt per capita than ever before.

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zionist
QUOTE(ZPak @ Aug 10 2008, 12:01 AM) *
http://www.dailytimes.com.pk/default.asp?p...0-8-2008_pg7_13
Pakistan’s foreign debt jumps above $46 billion

LAHORE: Pakistan’s total foreign debt and liabilities have risen above $46 billion, showing an increase of 14 percent, Geo News reported on Saturday. According to the figures released by the State Bank of Pakistan, the country’s foreign debt surged by $5.80 billion to $45.28 billion during the last fiscal year, the channel reported. According to the report, a rise of $3 billion was recorded in just the first three months of 2008. Experts say the government is increasing its dependence on the foreign debt to meet the fiscal deficit, according to the channel. daily times monitor

June to June is a fiscal year, and we all who was in control of the administration during that period.
Shoaib Pervez
QUOTE(zionist @ Aug 10 2008, 10:30 AM) *
June to June is a fiscal year, and we all who was in control of the administration during that period.

Mushy, and his team of professional figure fudgers!
halfemtysoul
QUOTE(Shoaib Pervez @ Aug 10 2008, 12:01 PM) *
Mushy, and his team of professional figure fudgers!

True. Lets see what Zardar's and Nawaz's professional figure fudgers gonna do.
Caesar
The money is going into the ruling junta's pockets.
OmaR UK
at mushy team paid back quite sum debt. zardari n co have borrowed billion's in 6 months how much more in 4.5 yrs? 100 billion....
ZPak
Majority of the debt was accumulated post Musharraf.
1pakistani
QUOTE(zionist @ Aug 11 2008, 02:30 AM) *
June to June is a fiscal year, and we all who was in control of the administration during that period.



QUOTE(Shoaib Pervez @ Aug 11 2008, 03:01 AM) *
Mushy, and his team of professional figure fudgers!


LOL
get some basic grip of what is going on b4 making usless comments and defending theifs. There has been care taker government at end of last year and than since election in feburary PPP+PML N has been in power and majoirty of debt was taken during the last 4 months or so.
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