Sunday 8 December 2019

ADB has showed a monthly increase of Rs21 billion in the Pakistan's debt per month

Asian Development Bank (ADB)
Contrary to Pakistan Tehreek-e-Insaf (PTI) government’s claim of reducing the flow of circular debt to Rs12 billion a month, the Asian Development Bank (ADB) has showed a monthly increase of Rs21 billion in the debt at the end of August. If the ADB’s claim is true, it raises questions over the government’s claim of a huge improvement in the energy sector. The PTI government has brought improvement in the energy sector as compared to what the Pakistan Muslim League-Nawaz (PML-N) government had left behind.Government’s efforts and timely subsidy payments have…



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