According to the statistics of the State Bank, the current government is taking daily loans of approximately 370 million rupees, out of which 180 million rupees are being borrowed from domestic sources and more than 190 million rupees from external sources.
According to the initial budget of 9500 billion rupees for the fiscal year 2022-23, the federal government is also borrowing more than 1 trillion rupees through daily expenditures, which is 10 billion rupees more than the initial estimate. Based on the initial budget estimate of 9500 billion rupees, the government’s average daily expenditure (including ongoing and capital expenditures) is 260 billion rupees.
The federal government has obtained loans of an average of 180 million rupees from domestic sources and 190 million rupees from external sources. During the first 10 months of the coalition government, there was an increase of 22% in domestic loans and 38.5% in foreign loans.
According to the State Bank’s statistics, during the current government’s tenure, only the central government’s loans have exceeded 43 trillion rupees with an increase of 27.7%, and during the 10-month period, there was an increase of 54.94 billion rupees in the federal government’s loans.
During this period, there was an increase of 6179 billion rupees in domestic loans and local loans reached 34,255 billion rupees with an increase of 22% during the ten months.
There was an increase of 5751 billion rupees in foreign loans during the ten months, and foreign loans reached 20,687 billion rupees with an increase of 38.5%.
