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Govt announces debt repayment plan

December 10, 2022 12:39 AM


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The government has announced a debt repayment plan, 24NewsHD TV channel reported on Friday. 

Payments of 33 billion rupees have to be made in the financial year 2022-23.

The current account deficit is 10 billion dollars this year while 23 billion dollars have to be paid for the payment of debts

So far, the debt of 6 billion dollars has been paid and a loan of four billion dollars has been deferred

The government will defer another debt of more than $8 billion.

Negotiations are ongoing to postpone a loan of three billion dollars from a friendly country.

 



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