10-02-2009, 03:49 AM
<!--emo&:clapping--><img src='style_emoticons/<#EMO_DIR#>/clap.gif' border='0' style='vertical-align:middle' alt='clap.gif' /><!--endemo--> <b>External debt, liabilities mount to $52.8bn</b> <!--emo&:clapping--><img src='style_emoticons/<#EMO_DIR#>/clap.gif' border='0' style='vertical-align:middle' alt='clap.gif' /><!--endemo-->
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->ISLAMABAD : <b>Pakistanâs external debt and liabilities (EDL) mounted to $52.83 billion by the end of June 2009, which is equivalent to about one-third of the countryâs economy.
During the last one year, about $6.67 billion were added to external debt and liabilities. Last year at the end of June, these stood at $46.16 billion.</b> Rupee depreciation against major currencies, especially the US dollar, was another factor contributing to the debt burden.<!--QuoteEnd--><!--QuoteEEnd-->
Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->