PTI added 79pc highest debt, liabilities in last 71 years: Miftah

Author: APP

ISLAMABAD: Minister for Finance and Revenue Miftah Ismail Sunday said the Pakistan Tehreek-i-Insaaf (PTI) government added 79 percent in 45 months highest debt and liabilities during last 71 years of the country’s history.

In a tweet, the Finance Minister said “For the record: The total public debt under PTI went from Rs 24,953 billion to Rs 44,366 billion, an increase of 78%”.

He said the total debt plus liabilities went from Rs 29,879 billion to Rs 53,544 billion with an increase of 79 percent. The PTI has added 79 percent in 3.75 years of all debt plus liabilities added in the previous 71 years, he added.

Share
Leave a Comment

Recent Posts

  • Top Stories

Senior executives at Mercuria to face investigation by Pakistan’s FIA

Mercuria, a global commodities trading firm headquartered in Geneva, finds its senior executives under scrutiny…

19 hours ago
  • Business

PSX extends bullish trend with gain of 862 points

Pakistan Stock Exchange (PSX) remained bullish for the second session in a row on Monday,…

19 hours ago
  • Business

PKR depreciates by 3 paisas to 278.24 vs USD

The rupee remained on the back foot against the US dollar in the interbank market…

19 hours ago
  • Business

SECP approves PIA’s scheme of arrangement

The Securities and Exchange Commission of Pakistan has approved the Scheme of Arrangement between Pakistan…

19 hours ago
  • Business

Gold snaps losing streak

Gold price in the country snapped a six-session losing streak and increased by Rs2,500 per…

19 hours ago
  • Business

Rs 83.6 billion loaned to young entrepreneurs: Rana Mashhood

Chairman of the Prime Minister Youth’s Programme(PMYP) Rana Mashhood has underscored the success of the…

19 hours ago