Pakistan Debt surges by 40 percent.

[wali87]

https://www.dawn.com/news/1531822/pakistans-debt-surges-by-40pc-in-15-months

 

[Pandora]

Devaluation of Rupee caused massive debt increase not massive borrowing. This is what happens when these good for nothing journos pretend to be economist/finance experts.

Ruppe was 123 when PTI govt took power now its 154.45 against usd. That is a percentage increase of 25.57 so in reality its an increase of 14.43 % in debt bcz of borrowing.

 

[Protest_again]

Devaluation of Rupee caused massive debt increase not massive borrowing. This is what happens when these good for nothing journos pretend to be economist/finance experts.

Ruppe was 123 when PTI govt took power now its 154.45 against usd. That is a percentage increase of 25.57 so in reality its an increase of 14.43 % in debt bcz of borrowing.

This is including domestic debt. How does dollar devaluation affect the domestic debt?

 

[Pandora]

This is including domestic debt. How does dollar devaluation affect the domestic debt?

Well foreign debt also increase debt in ruppee term but domestic debt inc. was 9% against target of 4% of GDP last year.