Government to borrow from market to bridge fiscal deficit
ISLAMABAD – The government has reached an understanding with the State Bank of Pakistan (SBP) that it would borrow from the market to bridge fiscal deficit if the projected external inflows did not materialise during the current fiscal year. An official source said that decision was finalised after the central bank expressed concerns over the government borrowing if projected external inflows did not materialise during the current fiscal years.
Worries were related to the