KARACHI: The volume of loans government of Pakistan sought from State Bank of Pakistan (SBP) has crossed 100 billion rupees level due to upbeat in expenses and delay in foreign pledged aids, Geo news reported on Wednesday.
The local banking system, on the other hand, is seeing decline in their foreign reserves, sources said.
According to the statistics released from SBP, government sought Rs.268 billion rupees loan in order to meet budget deficit at the end of trade week on December 12 while it remained at Rs.208 billion level on November 28.
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