Tag: Debt

While expecting more loans from Beijing, Colombo is tapping export receipts to end reliance on IMF loans, says Bloomberg

Karachi, November 3 - The government has decided to borrow Rs3.5 trillion from the banking system till the coming January as it still needs resources to finance budget deficit despite growth in nontax revenue, it was learnt. The government aims to sell domestic debt up to the end of January 2021 to finance the budget deficit that stayed at Rs440 ...