New Delhi, June 26 (IANS) Pakistan’s central government debt has climbed to a record Rs 81.93 trillion after rising by Rs 1.4 trillion in April alone, underscoring mounting fiscal pressures and the country’s continued dependence on borrowing to finance its expenditure, according to a report.The report published in Business Recorder said the latest debt figures reflect deep-rooted structural weaknesses in Pakistan’s public finances despite repeated warnings over fiscal sustainability and rising d…
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New Delhi, May 5 (IANS) Pakistan’s economy is under mounting pressure as its total debt and liabilities have surged to Rs 85 trillion over the past four years, which highlights a steep rise in fiscal stress amid limited structural reform, a report has said.A report in The News Pakistan highlighted that the country’s debt and liabilities have increased from around Rs 55 trillion four years ago to Rs 85 trillion at present — an overall jump of nearly 55 per cent. This translates into an avera…
New Delhi, March 11 (IANS) The NITI Aayog on Wednesday launched the second annual edition of the “Fiscal Health Index” to provide a comprehensive and comparable assessment of the fiscal performance of Indian states. The Index has been designed as a data-driven framework to evaluate fiscal soundness, guide reforms, and promote evidence-based fiscal policy making across states.At a time when global public finances are under mounting pressure, the sustainability of sub-national finances has assumed…