In just one month, the Shehbaz Sharif government has taken a loan of Rs. 1,830 billion. In total, Pakistan’s debt has now reached close to Rs. 78,000 billion. In three and a quarter years, Shehbaz Sharif has taken loans amounting to Rs. 34,500 billion: Muzzammil Aslam
During Shehbaz Sharif’s government, the country’s total debt has increased by 79%. Of the debt taken to run the country over the past 75 years, 80% has been borrowed within just 3.5 years: Advisor Finance KP
Advisor to Chief Minister Khyber Pakhtunkhwa on Finance and Inter-Provincial Coordination Muzzammil Aslam said how can the economy of the country be improving when, in just one month, the Shehbaz Sharif government has taken Rs. 1,830 billion in loans. In total, Pakistan’s debt has reached close to Rs. 78,000 billion. The Khyber Pakhtunkhwa Finance Advisor said that in 3.5 years, Shehbaz Sharif has taken loans amounting to Rs. 34,500 billion, while the national debt was Rs. 43,500 billion when Shehbaz Sharif came into power. He said that Shehbaz Sharif had come to reduce the national debt, but instead he has created history in borrowing. Muzzammil Aslam said that during Shehbaz Sharif’s government, the country’s total debt has increased by 79%. He further stated that of the debt taken in the 75 years to run the country, 80% was taken in just 3.5 years, during which not even a single brick has been laid for development projects. Muzzammil Aslam said that the situation is such that the State Bank is buying dollars from the market, and let alone investment, no one is even giving loans. Every day, a new MoU (Memorandum of Understanding) is used to mislead people of the country.
