Tuesday, June 22, 2021
HomeNationalTotal debt rises to 79.7% of GDP, Economic Survey - IG News

Pubg GamePlay

Total debt rises to 79.7% of GDP, Economic Survey – IG News

- Advertisement -

Gross debt rises to 79.7% of GDP, Economic Survey reports

The economic survey report described the growth in the country’s agricultural sector as encouraging. However, total debt has risen to 79.7% of GDP.

- Advertisement -

Finance Minister Shaukat Tareen presented the Economic Survey Report, according to which the growth rate in the agricultural sector was 2.77 percent while the target was 2.8 percent.

The Economic Survey report said that the output of key decisions was 4.65% while the growth rate of major industries was 8.99%.

- Advertisement -

According to the survey report, the output of large industries fell by 5.1% last year, and the financial sector faced challenges due to the corona virus.

According to the Economic Survey Report, tax collections increased by 14.4% during July-April, while non-tax revenue declined by 7.3% during July-March.

- Advertisement -

According to the report, the total debt exceeded Rs 38,000 billion till March, while in the first nine months of the current financial year, the debt increased by Rs 1607 billion.

According to the Economic Survey Report, by March 2021, domestic debt was recorded at Rs 25,552 billion and external debt at Rs 12,454 billion.

According to the report, total debt has risen to 79.7% of GDP.

According to the Economic Survey Report, Rs. 2104 billion was returned in interest in the first nine months of the current financial year.

According to the report, Rs 1934 billion was repaid in interest on domestic loans and Rs 170 billion in interest on foreign loans.

- Advertisement -
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

The first case of Indian Corona came to light in Pakistan – IG News

0
Indian and South African corona viruses have been detected in Pakistan.According to the Federal Ministry of Health, 7 cases of Corona virus have been reported from South African type and one from Indian type.The...

Alleged abuse of delivery boy at Islamic University, police unaware – IG News

0
Police found out about the alleged abuse of a delivery boy at Islamic University Islamabad.Two university students, Ibrahim and Mahmood Ashraf, were expelled from the university after the incident. Professor Mushtaq wrote a letter...

Arif Alvi’s contact with Maulana Hanif Jalandhari – IG News

0
President Dr. Arif Alvi has also contacted Maulana Muhammad Hanif Jalandhari, General Secretary, Federation of Arab Schools, Pakistan, regarding implementation of Corona SOPs.During the conversation between Arif Alvi and Maulana Muhammad Hanif Jalandhari, it...

Why oppression of Kashmiris is not a problem for the West? Prime Minister...

0
I have listened to your leaders, listen to me too, Shaukat Tareen The Finance Minister said that international food inflation is at its highest level, we will improve agriculture, increase production, we have come up...

Public transport restored across the country from today – IG News

0
Public transport has been restored across the country from today. Fifty percent less passengers will be able to be accommodated.BRT service also resumed from 8 am to 10 pm, trains will run with...

Recent Comments