News

Goventmnt debt decreases to Rs62.3 trillion

By News Desk

November 11, 2023 12:04 AM


The federal government debt decreased to Rs62.3 trillion (-2.6% or Rs1.7 trillion) as of September 2023 compared with Rs64 trillion in August 2023, the TV channel reported on Friday.

This is the highest decline. The government has released the details of the federal debt details

The foreign exchange reserves held by the State Bank of Pakistan (SBP) slightly increased by $4 million on a weekly basis, clocking in at $7.51 billion as of November 3, data released on Thursday showed.

Total liquid foreign reserves held by the country stood at $12.61 billion. Net foreign reserves held by commercial banks stood at $5.10 billion.

The central bank did not specify a reason for the increase in the reserves.

 “During the week ended on November 3, 2023, SBP’s reserves increased by $4 million to $7,511.5 million,” it said.


News Desk


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