Gov takes Rs 107 billion loans in first week of June

Gov takes Rs 107 billion loans in first week of June
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Summary The government has taken Rs 107 billion loan from the banking sector during the first week of june.

According to the State Bank of Pakistan, the loans obtained by the government from the banking sector during this the fiscal year until the end of May was Rs 622 billion.However, with the addition of Rs 107 billion, it reached 729 billion just in one week.The government took over Rs 87.9 billion during this week alone.The government took a total of 220 billion loans from the central bank and Rs 508 billion from the commercial bank during the current fiscal year until June 4 for the budgetary support.