Pakistan's Federal Debt Hits Rs83.6 Trillion, Up 75% in Four Years

Pakistan's federal debt has reached a staggering Rs83.6 trillion, reflecting a 75% rise in just four years. This significant increase has occurred despite the implementation of higher taxes and ongoing engagement with International Monetary Fund (IMF) programs aimed at fiscal consolidation. The persistent growth in debt highlights the nation's ongoing economic challenges and fiscal pressures. This trend could exert further pressure on the Pakistani Rupee against the US Dollar, potentially influencing local gold prices upwards in PKR terms.

بحوالہ / Source: tribune.com.pk