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PTI government takes fresh loan of $764 million

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LAHORE: The government of Pakistan Tehreek-e-Insaf (PTI) has taken fresh loan amounting to $764 million.

According to details, during July-October fresh borrowing stood around $1.584 billion while during July- August borrowing stood around $820 million.

New government has borrowed $232 million from China, $329 million from commercial banks and $72 million from the Islamic Development Bank.

In fiscal year 2019 (FY-19) government expects to borrow nearly $9.691 billion.

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