Wednesday 21 March 2012

Govt daily borrows Rs 3.5 billion: report



To meet growing expenses, the government has to borrow Rs.3.5 billion on daily basis.

According to the State Bank, the government has borrowed Rs 60 billion from 2 to 9 March. The loan taken from commercial banks during this period was Rs 69 billion. The central bank was paid Rs 8 billion during this period.

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