02-03-2009, 06:16 PM
<b>Debt seen rising by Rs2trn this year</b>
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->ISLAMABAD, Feb 2 : <b>Pakistanâs public debt is expected to go up by over Rs2 trillion by the end of 2008-09</b>, the highest ever increase in a single year.
<b>The public debt is estimated to rise by 34 per cent to Rs7,931 billion by June 30 from Rs5,901 billion in 2007-08</b> because of massive depreciation in the value of the rupee and external loans obtained for budgeting the balance of payments.<!--QuoteEnd--><!--QuoteEEnd-->
Cheera <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->