Business, Economy & Banking Current Affairs
The central financial institution has two crucial functions throughout the financial system of a country. The federal government of Pakistan is also financing fiscal deficit by non financial institution borrowing. The funds to meet the deficits in the funds are mobilized by means of the sale of presidency. Treasury Payments. Short Time period Federal Bonds, Defence Saving Certificate and so on. If there’s a continuous rise in borrowing through this supply. it creates inflationary strain within the economic system, increases domestic rates of interest, discourages private investment in the country. The full outstanding domestic debt is Rs. 2523 billion by...
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