Pakistan News And Discussion-12

[Naresh]

<b>Domestic debt rises to $42.6 billion</b> <!--emo&:flush--><img src='style_emoticons/<#EMO_DIR#>/Flush.gif' border='0' style='vertical-align:middle' alt='Flush.gif' /><!--endemo-->

<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->ISLAMABAD: <b>Pakistan’s total outstanding domestic debt rose to Rs2.599 trillion ($42.6 billion) by May-end 2007, from Rs2.299 trillion ($37.68 billion) at the end of fiscal year 2005-06.</b>

During 11 months (July-May 2006-07), the government borrowed about Rs302.34 billion or US Dollars 5 billion (13.1 per cent) more at the end of June 2006, the State Bank of Pakistan (SBP) said.<!--QuoteEnd--><!--QuoteEEnd-->

Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->