FY11: Government issued currency notes worth Rs 247b

FY11: Government issued currency notes worth Rs 247b
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Summary The currency notes worth 152 billion were issued in the first 9 weeks of the year

During the rest of the year Rs 89.5 billion were issued. The total amount of the issued money was Rs 247 billion. Compared with the last year, 74 percent more notes were printed. The experts say the government has been printing money to deal with the budget deficit, and expenses and common people had to suffer high inflation. The amount to be spent on the project will be Rs 1.70 billion.
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